Mumbai: Retail investors are piling into Sovereign Gold Bonds (SGBs)-a popular government-issued debt instrument denominated in gold-in the secondary market, driving up prices far above gold’s record levels. Last week, individuals paid premiums of up to 32% over the metal’s spot price amid the sharp run-up in prices, triggering the buying frenzy. In the event…
SIP inflows remained highly encouraging despite muted Nifty returns over the past year, reflecting growing retail investor maturity and discipline, says Anand Vardarajan of Tata Asset Management. September saw strong SIP momentum even as equity inflows slightly eased to around Rs 30,000 crore from Rs 33,000 crore in August — a reasonable figure considering the…
Vikran Engineering IPO: The three-day subscription window for Vikran Engineering’s Rs 772 crore initial public offering (IPO) closes today. The issue has seen a decent response from investors so far, with total bids exceeding 5.24 times the shares on offer by the end of Day 2. Data from the National Stock Exchange (NSE) shows that…
AMFI Mutual Fund Data: The mutual fund industry saw strong growth in new SIP accounts in the April-June quarter of 2025. Around 1.67 crore new SIPs were added, up from 1.41 crore in the previous quarter, according to AMFI. Markets have been volatile, and Nifty 50’s gains this year have been modest. But retail investors seem…
Financial frauds in the Indian capital markets have evolved from simple diversions of shareholder funds to complex schemes involving regulatory arbitrage, Securities and Exchange Board of India (SEBI) Chairman Tuhin Kanta Pandey said on Friday. Addressing the Future Proof Forensics 2025 event held in Mumbai, the SEBI chief highlighted how the market regulator has used…
In the latest edition of its “India Inc. Ownership Tracker” for March 2025, the National Stock Exchange (NSE) reveals that private Indian promoters continue to hold the largest stake in India Inc., commanding a 32.5% share in NSE-listed companies. However, the report also signals a shifting tide, with domestic mutual funds (DMFs) and retail investors…