Mukesh Ambani,Reliance Industries Chairman and Managing Director...
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India’s household savings to generate inflows of $ 9.5 trillion into financial assets in next 10 years: Goldman Sachs
Out of the total inflows, Goldman Sachs expects a large portion,...
Over 75% NRIs stay invested beyond 5 yrs, outpace resident Indians in long-term commitment: Report
The average monthly SIP amount for NRI clients at FinEdge stands at...
Nifty, Sensex break all records on Monday opening
After a brief two-day consolidation, the Nifty resumed its upward trajectory, advocating for a recommended trading strategy to retain long positions with a trailing stop-loss mechanism. Opening at 70,024.52, the Sensex surged 201.43 points, setting the tone for a...
FPIs invest Rs 26,505-cr in equities in 1st six sessions of Dec
''The indication of political stability after the 2024 General elections, strong growth momentum in the Indian economy, inflation cooling off, steady decline in U.S. bond yields, and the correction in Brent crude has turned the situation in India's favour, '' V K...
Inflow in equity mutual funds drops 22 pc in Nov; SIP hits fresh high at over Rs 17,000 cr
''Since the revision of tax laws, investments in fixed-income funds have been notably subdued. The uncertainty surrounding interest rates has further complicated investment decisions for investors. Moreover, the robust performance of equity markets has been drawing...
Sebi is looking to create a new asset class, says Madhabi Puri Buch
"We feel there is room for an additional asset class somewhere between mutual funds and PMS… Sebi is looking into a whole new asset class," Sebi chief Madhabi Puri Buch told reporters here at the sidelines of a CII event New Delhi: Capital markets regulator Sebi is...
Sensex hits all-time high; Nifty scales 21,000 mark post RBI policy decision
"Monetary policy was on expected lines. The Monetary Policy Committee (MPC) kept its stance the same as withdrawal from accommodation to ensure taming inflation under target. However, at the same time, the RBI highlighted the risk of over-tightening in the backdrop of...
RBI holds rates, raises GDP growth forecast to 7 pc, no plan to loosen interest rates
"The Indian economy presents a picture of resilience and momentum. Growth remains resilient and robust, surprising everyone. There is no plan to loosen interest rates as inflation continues to be the top priority for the central bank," ," Reserve Bank of India (RBI)...
LIC reclaims Rs 5 lakh cr market cap; stock hits 52-week high
''We believe that LIC has a strong marketing agency force, while most focus has been on par policies, the agency team is capable of selling non-par policies as well,'' the analyst said Mumbai: The Life Insurance Corporation of India on Thursday reclaimed market...
Equity benchmarks’ record run continues; Nifty nears 21,000 points
"During the medium-term, in the run up to the general elections, the market is likely to move up aided by three factors -- expectations of political stability after the elections; favourable domestic macros like strong GDP growth, declining inflation, stable interest...
Sensex surges beyond 69k mark as nifty rockets with 400-point rally: Investors’ wealth rises by Rs 2.4 lakh crore
Foreign portfolio investors acquired stocks worth Rs 2,073.2 crore, while domestic institutional investors remained net buyers in the last two sessions, purchasing stocks totalling Rs 4,797.1 crore, according to NSE data. Gold prices reached new highs in Monday's...
Equity benchmark indices jump more than 1 pc to hit life-time peaks
The market capitalisation of all listed companies on BSE surged by Rs 4.09 lakh crore to Rs 341.76 lakh crore BJP's clear majority in Madhya Pradesh, Rajasthan and Chhattisgarh state elections further fuelled the positive sentiment built up last week on the back of...