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Date:
30/05/2023
Indian markets world’s fifth largest, again!
India’s market capitalisation currently stands at $3.31 trillion...Read more...
Business Line
Date:
30/05/2023
Sensex tops 63,000 on US debt accord
Indian stocks rose on Monday, with the benchmark Sensex scaling the 63,000 mark during intraday trading...Read more...
Mint
Date:
29/05/2023
Stock markets rally for 3rd day amid firm US equities, foreign fund inflows
Titan, Tata Steel, HDFC, UltraTech Cement, State Bank of India, ITC, IndusInd Bank, NTPC, HDFC Bank and Bajaj Finserv were the other major gainers...Read more...
Financial Express
Date:
27/05/2023
Markets gain 1% helped by FPI buying and normal monsoon predictions
The domestic equity markets gained 1% on Friday encouraged by normal monsoon projections that can propel domestic growth expectations further...Read moe...
Mint
Date:
27/05/2023
D-Street investors turn richer by Rs 2.2 lakh cr. What sparked today's rally
With heavyweight Reliance Industries leading from the front, Nifty on Friday crossed the 18,500 mark for the first time in the calendar year 2023...Read more...
Economic Times
Date:
27/05/2023
Sensex may touch 100k in five years: Chris Wood
With the structural story still intact, the Indian stock markets may continue to climb the proverbial wall of worry, according to Wood...Read more...
Financial Express
Date:
26/05/2023
HDFC AMC gets SEBI's final approval for change in control due to merger
HDFC Asset Management Company (AMC) on May 24 announced that it had received the final approval from capital market regulator SEBI for a change in control due to the HDFC-HDFC Bank merger...Read more...
Mint
Date:
26/05/2023
Indian markets, economy more balanced now than a year ago: Chris Wood
'If there is any reason to change my holding in Adani group stocks, the Hindenburg report on the group is not the one'...Read more...
Business Standard
Date:
26/05/2023
India's economy grew faster at 5.1% in Q4: Economists
India's economy likely grew better than expected in the March quarter of FY23, which could push full fiscal year growth higher than January's 7% first advance estimate...Read more...
Economic Times
Date:
25/05/2023
HNIs embracing passive funds on under-performance of active funds
High networth individuals (HNIs) are increasingly lapping up passive funds, with their exchange-traded fund asset base registering a 66 per cent growth to Rs 34,000 crore in 2022-23, according to a report on Tuesday...Read more...
Economic Times
Date:
25/05/2023
50% mutual funds get redeemed within a year. Is long-term investing dead?
World's richest investor Warren Buffett's favourite holding period is forever, but for India's mutual fund investors it all boils down to a few months...Read more...
Economic Times
Date:
25/05/2023
Invest long term, invest in India: Quant founder Sandeep Tandon
Sandeep Tandon is not your typical mutual fund chief executive officer (CEO). He is neither a fan of investment guru Warren Buffett nor of Jim Simons, the famous hedge fund manager with an impeccable track record...Read more...
Mint
Date:
25/05/2023
Parag Parikh Flexi Cap Fund clocks 18.10% since inception, beats benchmark comfortably
There are two unique things to know about the Parag Parikh Flexi Cap Fund...Read more...
Financial Express
Date:
24/05/2023
Prashant Jain on equity returns, opportunities in market: 5 key takeaways
D-Street's star investor Prashant Jain, who donned a new role after leaving HDFC AMC last year, says the valuations of Indian equity markets have turned reasonable given the moderation in the last 18 months...Read more...
Economic Times
Date:
24/05/2023
How is Sebi asking AMCs to use Investor Education Fund? DP Singh explains
"I think there is a lot of growth capital which still this industry needs because we have not yet scratched the surface...Read more...
Economic Times
Date:
24/05/2023
Expect rate cut in next 1 year; 10-year bond yields to start rallying: Devang Shah, Axis MF
Devang Shah, Co-Head-Fixed Income, Axis MF, says 10-year bond yields will start rallying in expectation of inflation, macroeconomic data weakening, as well as expectation of rate cuts getting built in...Read more...
Economic Times
Date:
23/05/2023
FIIs pump in ₹933 crore in Indian stocks on 22 May; DIIs inflow at ₹605 crore
Foreign institutional investors (FIIs) went back to buying on Monday with an inflow of nearly ₹923 crore recorded in Indian equities...Read more...
Mint
Date:
23/05/2023
RBI governor Shaktikanta Das rules out Rs 1,000 notes
Most Rs 2,000 notes to come back by September end...Read more...
Financial Express
Date:
23/05/2023
Provide shade and water to those exchanging or depositing Rs 2,000 notes: RBI to banks
The Reserve Bank on Monday advised banks to provide shade from the sun and water to customers waiting to exchange or deposit Rs 2,000 notes...Read more...
Economic Times
Date:
22/05/2023
₹2,000 note will continue to be legal tender post-Sept 30, govt clarifies
Officials say exchange may be through RBI offices; also inform that very little re-calibration will be required in ATMs by banks...Read more...
Business Line
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