Mutual Funds Witness Significant Growth: AUC Reaches Rs 71 Lakh Crore The Indian mutual fund industry has witnessed a significant surge in assets under custody (AUC), reaching a staggering Rs 70.9 lakh crore in October. This marks a substantial increase from Rs 58.5 lakh crore in January this year, according to data from the National […]
FPIs Turn Net Sellers: A Shift in Market Dynamics The foreign portfolio investors on Monday turned net sellers of Indian equities after a single buying session. The FPIs sold stocks worth approximately Rs 4,115 crore, according to provisional data from the National Stock Exchange. This sudden shift in the FPIs’ stance has raised eyebrows among
Nifty Finds Support At 25,200–25,400: What This Means For Indian Investors The NSE Nifty 50 is expected to find support in the range of 25,200-25,400, according to analysts’ statements on Monday. This prediction comes as the Indian stock market continues to experience range-bound movement, with traders adopting a cautious stance ahead of key triggers. Understanding
PhysicsWallah IPO: A New Chapter in Indian Ed-Tech Delhi-based ed-tech company PhysicsWallah is all set to make its debut on the Indian stock market with an initial public offering (IPO) worth up to Rs 3,100 crore. The company has already raised Rs 1,560 crore from anchor investors in the pre-IPO anchor round, with mutual funds
ONGC Declares Rs 6 Interim Dividend Per Share: What Investors Need to Know Oil and Natural Gas Corporation (ONGC) has declared an interim dividend of Rs 6 per equity share with a face value of Rs 5 each, as per the company’s exchange filing on Monday. This move is expected to positively impact investor sentiment
SEBI’s High-Level Committee Submits Report on Conflict of Interest and Disclosures A high-level committee chaired by former Chief Vigilance Commissioner Pratyush Sinha submitted its report on conflict of interest and disclosures concerning SEBI officials to the market regulator on Monday. The development marks a critical move toward tightening internal governance and ethical standards at the
Q2 Results: A Mixed Bag for Indian Investors The Indian stock market witnessed a flurry of activity as several key companies announced their Q2 results. The day saw a mix of positive and negative surprises, with some companies exceeding expectations while others fell short. In this article, we will delve into the details of the
Stock Market Today: Nifty Ends in Green, Led by Gains in Infosys and HCL Tech The GIFT Nifty is trading marginally higher near 25,721, indicating a positive open for the benchmark Nifty 50. US and European index futures are trading higher during Asian trading hours. The Nifty ended in the green, closing above the 25,500
Expert Insights on Top Indian Stocks Indian investors are always on the lookout for the next big opportunity in the stock market. With so many companies listed on the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE), it can be difficult to decide which stocks to buy, sell, or hold. Recently, Saurabh Jain, equity
Oil Prices Steady As Global Surplus Looms Oil prices have steadied as traders tracked softening market metrics and waited for reports that may give clues about an impending global surplus. West Texas Intermediate (WTI) was near $60 a barrel after rising 0.6% on Monday, while Brent closed near $64. WTI’s prompt spread — the difference