MOPW reiterates their view to have a duration bias in the fixed income portfolio so as to capitalize on the likely softening of yields in the next 1-2 years
The Motilal Oswal Digital India Fund is an open-ended equity scheme targeting sectors such as technology, telecom, media, entertainment, and related industries
V2 Retail was locked in 5% upper circuit at Rs 1,284.85 on the NSE after Motilal Oswal MF bought a 2 per cent stake in the company via the open market on Monday.
Private equity firm Lighthouse Advisors on Monday divested a 2 per cent stake in value retail chain V2 Retail for Rs 85 crore via open market transaction, while Motilal Oswal Mutual Fund acquired shares of the company. The Mumbai-based Lighthouse Advisors through its affiliate India 2020 Fund II Ltd sold over 7.34 lakh shares, amounting to a 2.12 per cent stake in V2 Retail, as per the block deal data available on the NSE. The shares were offloaded at an average price of Rs 1,160 apiece, taking the transaction value to Rs 85.23 crore. After the stake sale, Lighthouse Advisors' holding in V2 Retail has come down to 4.24 per cent from 6.36 per cent. These shares were purchased by Motilal Oswal Mutual Fund at the same price, the data showed on the National Stock Exchange (NSE). Shares of V2 Retail jumped 5 per cent to end at Rs 1,223.70 apiece on the NSE. In a separate transaction on the BSE, SBI Mutual Fund purchased 3.72 lakh shares or 2.3 per cent stake in Alicon Castalloy for Rs
Amount to be used for upgrading academic facilities and research infrastructure
Thus far in the current calendar year 2024, the stock has zoomed 165 per cent, as compared to 15 per cent rise in the BSE Sensex, data shows.
This open-ended index fund aims to capture the performance of high-momentum stocks within the Nifty 500 index
Budget with BS: The Fine Print: 'Atithi Devo Bhava' is good for tourism not for financial markets; there should be no differential treatment, said Nilesh Shah, managing director of Kotak Mutual Fund
Not more than 50 strikes would be introduced for an index derivatives contract at the time of contract launch.
Shares of the financial services firm, Motilal Oswal shot up by 4.93 per cent at 606.65 per share on the BSE in Friday''s intraday trade
The fund house said India has a huge manufacturing opportunity on the export front with sectors like chemicals, pharma, industrial machinery, and automotive likely to emerge as key drivers
The fund aims to maintain a well-balanced portfolio with 80% to 100% exposure in each of manufacturing stocks.
Motilal Oswal Mutual Fund on Tuesday divested its stake in online food delivery aggregator Zomato for Rs 646 crore through an open market transaction. According to the block deal data available on the National Stock Exchange (NSE), Motilal Oswal Mutual Fund (MF) sold more than 2.84 crore shares or 0.3 per cent stake in Gurugram-based Zomato. The shares were disposed of at an average price of Rs 226.85 apiece, taking the transaction value to Rs 645.84 crore. Axis Mutual Fund, BNP Paribas Arbitrage, Citigroup Global Markets Mauritius, Goldman Sachs, Matthews Asia, Morgan Stanley, Hong Kong-based Optimas Capital Management and investment management firm Polar Capital were among the buyers of Zomato's shares. Shares of Zomato plunged 4.71 per cent to close at Rs 218.35 apiece on the NSE.
The fastest 5,000-point rally for the Sensex was nearly three years ago (September 24, 2021) when the index hit an intraday high of 60,333 in a span of just 28 trading days
Order inflows expected to have declined in June quarter due to LS elections
This New Fund Offer has set a new benchmark with the highest-ever collection by an equity index fund.
Broking company stocks including Angel One, IIFL Securities, 5Paisa Capital, SMC Global, Motilal Oswal Financial Services and Geojit Financial Services fell in the range of 2-11 per cent
GSK Pharma's recent good showing is on expectations that launches in the specialty segment, increasing investments in promotions and branding
Overall, the jewelley sector has seen an approximately 8 per cent revenue CAGR during FY19-24, reaching Rs 6,40,000 crore in market value, with the organised segment growing at 18-19 per cent
The index fund will track the Nifty India Defence Index, which comprises 15 companies operational in the defence manufacturing and servicing industry