The shift from sustained selling to modest buying indicates a...
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Sensex, Nifty end FY25 with over 5% gain amid volatile trade
“Recent sessions mark a rebound from earlier declines, fuelled by...
Indian billionaires’ wealth a third of country’s GDP; Adani biggest wealth gainer
Gautam Adani, founder and chairman of the Adani Group The country...
Inflow in equity mutual funds hit 3-month high at Rs 8,637 cr in June on NFO push
In comparison, equity mutual funds logged an inflow of Rs 3,240 crore in May and Rs 6,480 crore in April. Before that, the number was Rs 20,534 crore in March, data released by the Association of Mutual Funds in India (Amfi) showed on Monday Mumbai: Strong inflow in...
Sensex, Nifty end at new record closing highs on unabated foreign fund inflows
"Foreign investors continue to provide unwavering support to the domestic market, helping to sustain the ongoing rally despite weak global cues. Global markets are displaying a negative trend, influenced by hawkish Federal Open Market Committee (FOMC) minutes and...
Musk, Zuckerberg lead a $852 billion surge among world’s richest in first half of 2023
The gains coincided with a broad stock market rally, as investors brushed off the effects of central bank interest rate hikes, the ongoing war in Ukraine and a crisis in regional banks. The S&P 500 rose 16% and the Nasdaq 100 surged 39% for its best-ever first...
Mcap of BSE-listed firms reaches record high of Rs 297.94 lakh cr
''After key benchmark indices scaled fresh peaks last week, investors are hoping that FIIs would continue to increase exposure to Indian markets, given the strong growth trajectory. India's record GST collections for the month of June further signifies the improving...
Sebi finalising draft discussion paper over guidelines for ‘finfluencers’
''We are crystalising a discussion paper to regulate financial influencers. The paper should be ready for public comments in the next couple of months,'' said Sebi chairperson Madhabi Puri Buch With the number of such people thriving on social media platforms like...
Equity investors become richer by Rs 3.43 lakh crore in two days of market rally
Infrastructure has been improving consistently, corporate balance sheet strength has improved, and the financial system is in a robust state to fund the potential growth. Despite the recent rally, fundamentals point to the possibility of strong earnings growth in the...
FPIs continue to bet on Indian equities; infuse Rs 30,600 cr in Jun so far
This came following a nine-month high investment of Rs 43,838 crore in equities in May, Rs 11,631 crore in April and Rs 7,936 crore in March, data with the depositories showed. Before that, FPIs had pulled out over Rs 34,000 crore during January-February Going...
SIP closures rise 7.4 pc month-on-month in May
Investors continued to park their money in mutual funds, with contributions in SIPs reaching a new high of Rs 14,749 crore last month, after a brief dip to Rs 13,728 crore in April. It was Rs 14,276 crore in March Mumbai: The number of systematic investment plan (SIP)...
FPIs stay glued to Indian equities; infuse Rs 16,405 cr in Jun so far
In terms of sector, FPIs continue to buy financials, automobiles and auto components, capital goods, and construction-related stocks. They were sellers of IT, metals, power, and textiles stocks Foreign portfolio investors (FPIs) continued to invest in Indian equities...
Mcap of BSE-listed firms hit all-time high of Rs 292.78 lakh cr as stocks rally
The rally in equities also made investors richer by Rs 2 lakh crore on Friday. According to Siddhartha Khemka, Head - Retail Research, Motilal Oswal Financial Services Ltd, Indian equities are set to make an all-time high on the back of a strong rally in global...