The New Fund Offer (NFO) for both funds will open for subscription on April 16, 2025 and close on April 30, 2025
Rallying for a second straight session, the 30-share BSE Sensex jumped 1,577.63 points, or 2.1 per cent, to settle at 76,734.89
Last week, the government sold a 3.5 per cent stake in Mazagon Dock Shipbuilders (MDSL) through an offer for sale (OFS)
Stocks to Buy: Motilal Oswal Financial Services (MOFL) recommends 5 stocks that can be a part of your portfolio this month
The Sensex rose 593 points, or 0.78 per cent, to end at 76,617, with HDFC Bank and ICICI Bank accounting for half of the gains
Gold emerged as a standout performer, surging 37.7 per cent to $3,070 per ounce
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The Sensex rose 558 points, or 0.7 per cent, on Friday to close at 76,906, while the Nifty 50 gained 160 points to end at 23,350
A weakening greenback against most global currencies further bolstered risk appetite
The sell-off has been across the board with 185 or 92.5 per cent of all Nifty 200 stocks witnessing a price decline and 68.5 per cent (137 of 200) falling 15 per cent or more during this period
Stocks with P/E of less than 20x swell from 214 from 355
The world's second-largest economy consumes almost half of the global metals supply. As a result, China's economic outlook has a significant impact on metal prices
The Sensex also gained 1.01 per cent to 73,730, and the total market capitalisation of the BSE-listed firms rose by ₹8 trillion to ₹393 trillion
The derivative contracts of Bank Nifty, Midcap Nifty, and other indices and stocks are also being moved to last Monday of the respective month
From key moving averages, momentum oscillators to historical price trends - Axis Securities in its report highlights the key metrics in its argument that the Nifty may be near a bottom this March.
The number of stocks hitting 52-week lows has been increasing over the past one week amid a sharp selloff in the market
After some sell-off during the week, Union Minister Piyush Goyal on Saturday opined that the 50-share benchmark Nifty's valuation is decent and reasonable. Goyal, who oversees the commerce and industry portfolio, said that there can be some more correction in the offing for the Indian markets. A forward price-to-earnings ratio of 19 makes the Nifty valuations "decent" and "reasonable". "Some of them (Nifty stocks) may have seen some downfall, but by and large the Nifty still reflects decent valuations," Goyal said, speaking at an event organised by mutual fund industry's lobby grouping Amfi here. "At a P/E ratio of 19 for a developing nation which is the fastest growing country, it (valuation) is still reasonable - some small correction here or there may still happen," he added. Goyal said that the ongoing correction in the markets should serve as a wake-up call for the ones who have not advised the small investors properly, and asked Amfi to ensure that it isolates those who have
We are in the end-game of market fall: Samir Arora at BS Manthan 2025
Decline in 13 of last 14 sessions; Nifty may end in red for a record 5th month