by AIP Online Bureau | Jun 16, 2024 | Data, Eco/Invest/Demography, Wealth Management/ Philanthropy
The valuation of LIC jumped Rs 46,425.48 crore to Rs 6,74,877.25 crore, the most among the top-10 firms. Mumbai: Five of the top-10 most valued firms together added Rs 85,582.21 crore in market valuation last week, with Life Insurance Corporation of India (LIC)...
by AIP Online Bureau | Jun 9, 2024 | Data, Eco/Invest/Demography, Wealth Management/ Philanthropy
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...
by AIP Online Bureau | May 19, 2024 | Data, Eco/Invest/Demography, Wealth Management/ Philanthropy
“Additionally, the steady increase in SIP contributions, which reached a new peak of Rs 20,371 crore in April 2024, indicates that investors are becoming more disciplined and confident in the market,” Feroze Azeez, Deputy CEO, Anand Rathi Wealth Ltd, said...
by AIP Online Bureau | May 19, 2024 | Eco/Invest/Demography, Indian News, Policy, Risk Management, Wealth Management/ Philanthropy
There are two main reasons why FPIs have been selling in FY2025. First, there’s uncertainty about the general elections. FPIs generally don’t like uncertainty; they prefer to play it safe and lock in the profit they made last year. Second, the market...
by AIP Online Bureau | May 12, 2024 | Data, Eco/Invest/Demography, Policy, Risk Management, Wealth Management/ Philanthropy
While FPIs may adopt a cautious stance until the election results are clear, favourable outcomes and established political stability could see their return in significant numbers, Trivesh D, COO at Tradejini, said Mumbai: Foreign investors pulled out a massive Rs...