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Investors’ wealth erodes by Rs 8.9 lakh cr as Sensex tumbles for sixth straight day

Investors’ wealth erodes by Rs 8.9 lakh cr as Sensex tumbles for sixth straight day

by AIP Online Bureau | Oct 7, 2024 | Eco/Invest/Demography, Indian News, Policy, Wealth Management/ Philanthropy

Foreign Institutional Investors (FIIs) offloaded equities worth Rs 8,293.41 crore on Monday, while Domestic Institutional Investors (DIIs) bought equities worth Rs 13,245.12 crore, according to exchange data New Delhi: Market investors became poorer by Rs 8.90 lakh...

Indians earning over Rs 10 crore per annum up 63 %, Rs 5 crore per annum up 49 %: Centrum

by AIP Online Bureau | Sep 17, 2024 | Data, Eco/Invest/Demography, Policy, Wealth Management/ Philanthropy

“The wealth of rich Indians is growing at a rapid pace; between FY19 and FY24, the number of Indians earning over Rs50 mn grew by 49 percent to 58,200, while those earning over Rs100 mn increased by 63 percent to around 31,800,” said the report New Delhi:...
Investors’ wealth declines Rs 4.52 lakh cr as markets plunge

Investors’ wealth declines Rs 4.52 lakh cr as markets plunge

by AIP Online Bureau | Aug 13, 2024 | Eco/Invest/Demography, Indian News, Wealth Management/ Philanthropy

Foreign Institutional Investors (FIIs) again turned sellers on Monday as they offloaded equities worth Rs 4,680.51 crore after a day’s breather, according to exchange data New Delhi: Equity investors became poorer by Rs 4.52 lakh crore Tuesday as markets plunged...
Investors’ wealth erodes by Rs 8.9 lakh cr as Sensex tumbles for sixth straight day

Global selloff: Sensex and Nifty nosedive, Investors’ wealth eroded by Rs 17.11 lakh crore

by AIP Online Bureau | Aug 5, 2024 | Eco/Invest/Demography, Indian News, Risk Management, Wealth Management/ Philanthropy

Global markets were in the deep red on Monday as the US economic slowdown weighed heavily on the financial markets Mumbai: Equity market benchmark indices Sensex and Nifty crashed over 3 per cent each on Monday in line with extremely weak trends in global markets amid...

India stems wealth exodus amid robust economic development: Report

by AIP Online Bureau | Jun 21, 2024 | Data, Eco/Invest/Demography, Policy

India increased the number of millionaires in the country by 85 per cent in the last decade. With 326,400 HNWIs, India ranks 10th in the world regarding the number of millionaires. New Delhi: Buoyed by overall economic development, India has stemmed its wealth exodus,...
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