Amfi July Mutual Fund Data: After a few months where people were a bit cautious, equity mutual funds finally saw a big boost in July. According to the latest numbers from AMFI, net inflows jumped by 81 per cent to Rs 42,700 crore, compared to about Rs 23,500 crore in June. This is a welcome change…
Stock Market Closing: After showing signs of recovery this week, Indian benchmark indices dragged sharply lower on Thursday July 24. With Sensex closing 542 pts lower and Nifty at 24,062, weighed down by IT and banking stocks. However, sentiment was supported by optimism around a potential India-UK free trade agreement (FTA) during Prime Minister Modi’s ongoing UK visit….
After nearly two weeks of regulatory limbo, Jane Street has moved quickly to contain the fallout from Sebi’s explosive allegations of market manipulation. The US-based quant trading firm has deposited Rs 4,843.5 crore into a designated escrow account, fulfilling the market regulator’s primary condition for lifting the trading ban imposed on July 3. Also Read…
Indian stocks plunged sharply in mid-session trade Thursday, May 22, as a mix of negative global cues, stretched valuations, and disappointing earnings weighed on sentiment. During the trading session, the benchmark Sensex plunged nearly 900 points intraday to 80,710.22—its lowest level since May 12. Meanwhile, the Nifty 50 traded below the important 24,550 mark, eroding…
India has emerged as the “most preferred equity market in Asia”, displacing Japan, according to the latest Bank of America Asia Fund Manager Survey. The country secured 42 per cent overweight allocation from fund managers, compared to 39 per cent for Japan. This significant lead comes amid growing global shifts in supply chains, tariff policies,…