The grey market premium (GMP) of Jyoti CNC, whose initial public offering (IPO) is opening on Tuesday, is at 23 per cent above its issue price
Multi-asset allocation funds have been the 'flavour of the season' in the hybrid space in financial year 2024 as fund houses have rushed to launch the product post the change in debt fund taxation
These fund houses had an average AUM of Rs 38.8 trillion in the third quarter (Q3) of 2023-24, which is 79 per cent of the total industry AUM of Rs 49.2 trillion
PSUs dominate list of upgrades, 5 PSBs upgraded to largecaps in last 1 year
Update by regulator puts to rest speculations that Jio is looking to enter MF space through acquisition
Staged strong comeback last year, stole march over debt funds to post best performance in 8 years
RailTel, YES Bank, Vodafone Idea, and BHEL rose 2-6%
Aggressive buying indicates strong flows into equity funds in December
'What will matter in 2024 from the market standpoint is the direction of interest rates globally, as well as in India. The results of the general elections will also be keenly watched'
New account addition slows to 3-year low despite debt tax change boost
Citing the recent state election results, the note stated that the risks from the general election are low
The total number of investors now stands at 84.9 million with a year-on-year rise of 22.4 per cent
Active largecap funds post improved performance in 2023, mid and smallcaps stumble
Monthly SIP investments have been going up consistently, rising from Rs 8,023 crore in January 2021 to Rs 17,073 crore in November 2023
In an email interaction with Abhishek Kumar, Upadhyaya says domestic-facing sectors like automotive, cement, and construction are a better bet right now as global uncertainties prevail
Measured against 2018 baseline, mcap of largest smallcap stock has surged 2.5x
Foreign portfolio investors are likely to slow down their purchases. Foreign investors were heavy sellers in the last two sessions of the week, although they were net buyers worth Rs 44,740 cr in Dec
According to the fund house, over 150,000 investors subscribed to the NFO, putting in an average of Rs 85,000
Timely calls on duration help fund managers make the most of interest rate volatility
According to the index provider, seven new passive funds tracking Nifty indices were launched in Japan and Korea in 2023