9 equity mutual fund categories witnessed inflows in April. Here is the break up
The data further showed that two categories saw outflows in the same period.
Category: Business
JPMorgan says India index inclusion on track, most clients ready
“Based on the annual Index Governance Consultation process, market feedback so far has been largely positive, with the majority of our index clients already set up to trade in the … Read More
Sensex witnesses year’s 2nd biggest fall, back at January level
Mumbai: Across the board selling pulled the sensex down 1,062 points Thursday as election results-related nervousness gripped Dalal Street and pulled the index down to the level at which started … Read More
Financial services faces heavy FPI selloff
FPIs sold shares worth ₹27,140 crore across 14 sectors in April 16-30 period. Other than financials, information technology (IT), fast- moving consumer goods (FMCG) and oil & gas sectors were … Read More
Oil prices rise after US crude stocks fall more than expected
NEW YORK: Oil prices edged higher on Wednesday after US oil storage data showed a larger-than-expected draw in crude stockpiles as refiners ramped up output ahead of the summer driving … Read More
Aadhar Housing raises Rs 898 crore from 61 anchors
The IPO comprises a fresh issue of ₹1,000 crore and an offer for sale of ₹2,000 crore. The issue will open for subscription on May 8 and close on May … Read More
Net FY23 household savings hit 5-year low
New Delhi: There has been a significant fall in net financial savings of households by over Rs 9 lakh crore between 2020-21 and 2022-23, latest data released by the ministry … Read More
Pre-market action: Here’s the trade setup for today’s session
“Hence, markets are likely to remain in a broader range with stock-specific action in the near term,” said Siddhartha Khemka, Head – Retail Research, Motilal Oswal.
Dialysis firm NephroPlus gets 8,50 crore from Quadria
New Delhi: Singapore-based healthcare-focused PE firm Quadria Capital has announced an investment of $102 million (Rs 850 crore) in NephroPlus, Asia’s largest dialysis network. Quadria will acquire a significant minority … Read More
Strong resistance for Nifty at 22,800; Vix rise a worry
Investors need to lighten their long bets and move to cash, as correction may provide a better entry point soon. We expect the correction to continue in IT, media and … Read More