The government has also instructed these entities to take down...
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National Pension System delivered over 13% annual returns in equity schemes: FM Sitharaman
The new framework gives pension funds the freedom to create their...
India added more than 1 billionaire every week in 2025: Hurun Report
Remarkably, the top 10 alone hold wealth equal to 28 per cent of...
Equity mutual fund inflow swells to Rs 34,697 cr in May; SIP at new high of Rs 20,904 cr
Overall, the mutual fund industry has witnessed an inflow of Rs 1.1 lakh crore in the month under review as compared to Rs 2.4 lakh crore in April. The inflow was due to investment in equity as well as debt schemes. With these inflows, the industry's net assets under...
FIIs sell Rs 14,794 crore of equities in the markets
According to the NSDL (National Securities Depository Limited) website, FPIs have offloaded equities worth over Rs 14,794 crore in the markets so far this month. This follows a similar trend from last month when foreign investors were also net sellers, leading to...
Sensex touches all-time high, investors recover Rs 28 lakh crore in last 3 trading sessions
The anticipation of stability within the coalition government at the center, coupled with the RBI's upward revision of its growth forecast for FY25 to 7.2%, fuelled a broad-based rally in the domestic market Friday's rally was supported by foreign funds inflow of Rs...
Investors gain Rs12 lakh crore as stock markets shrug off poll jitters
To be sure, investors say the election outcome - with Modi's alliance winning 293 of 543 lower-house seats - is unlikely to derail this trajectory, nor is India's broadly stable currency and attractive debt market likely to be unduly ruffled. "We're still seeing...
HDFC Life’s assets under management cross Rs3 lakh crore
HDFC Life has a debt: equity mix of 67:33 with 99% of debt investments in Government bonds and AAA rated securities as on Mar 31, 2024 Mumbai:HDFC Life, one of India’s leading life insurance companies, announced thatit has crossed Rs 3 lakh crore in Assets Under...
Bloodbath on D-Street: Sensex slumps over 4,000 points amid election uncertainty, investors lose Rs 31 lakh crore
The Nifty index dropped as much as 5.43% to 22,000.60 points while the BSE index fell to a low of 72,337.34 points, down 5.4% on the day. That was the biggest fall since April 2020 and pulled stocks sharply away from records highs struck a day earlier "If there is a...
Sensex-Nifty mark record highs on expectation of Modi 3.0,investors richer by Rs 12.48 lakh crore
The Sensex surged by 1859.88 points, opening at a record 75,821.19. Similarly, the Nifty jumped 603.85 points, starting the day at 23,134.55.The buoyant market sentiment was further bolstered by India's impressive Q4FY24 GDP growth of 7.8 per cent, surpassing...
Top 100 firms must verify market rumours within 24 hrs starting today
Under the Sebi's rule, these companies will have to 'confirm, deny, or clarify any reported event or information in the mainstream media that is not general in nature and that indicates that rumours of an impending specific material event' are circulating amongst the...
LGBTQIA+ community: 9 in 10 in India secure their financial future, says Max Life’s study
With a population estimated to be around 135 million people, or around 10% of India's 1.4 billion population, the LGBTQIA+ community represents a significant segment whose financial preferences and challenges cannot be overlooked The flagship study of Max Life...
Investors’ wealth eroded by Rs 5.12 lakh crore in four straight days before Lok Sabha outcome
''Nifty dropped by 183 points, marking the fourth consecutive decline as election jitters triggered intense selling. The Sensex fell by nearly 668 points to 74,503,'' said Prashanth Tapse, Senior VP (Research), Mehta Equities Ltd. Mumbai: Investors' wealth eroded by...