Equity gained the highest net inflow of $5.34 billion, while bond and money market funds posted net inflow of $2.55 billion and $4.11 billion, respectively
The Sensex declined 1 per cent to end at 30,379.81 after rising as much as 2.9%, while the Nifty dropped 0.8% to close at 8,925, after rising to 9,261
According to the data sourced from PMS AIF World, several PMS offerings in the multi-cap space have fallen more than their respective benchmarks
The issue surfaced after the shareholding pattern disclosed by HDFC showed the People's Bank of China had hiked its stake in the mortgage lender during the March quarter
Last week, the indices had rallied 13 per cent and were on the cusp of a bull market - a term used for a 20% rise from recent lows
Last month, Index funds received inflows to the tune of Rs 2,076 crore, as against Rs 511 crore the previous month
It feels as though this is going to go on for a fair old time, he said
Domestic stimulus hopes, oil talks lift sentiment
The weak opening of the European markets and a sharp deprecation in the rupee against the dollar weighed on stock prices
Barring three stocks - Eicher Motors, Shree Cement and Bajaj Finance - all the Nifty components have gained during this two-week period
But they must look for a cushion of safety when taking long-term positions
The market is not factoring in a lockdown beyond 21 days as of now, says S Naren
Bleak growth outlook, lack of steps to revive economy remain concerns
The US Senate on Wednesday overwhelmingly backed a $2 trillion bill
Tuesday's stock reaction is also an indicator of the challenges ahead of him and probably the toughest faced by the bank in the past decade
Markets took a heavy beating as the BSE benchmark index plunged 2,991.85 points or 10%-- its lower circuit limit
Anmi has urged Sebi to explicitly declare brokers under essential services to enable them to work smoothly
This comes after 75 districts across all India were put on total lockdown in the wake of coronavirus pandemic
Notably, all the funds fell less than their respective benchmark indices during the bear market
In this episode, Business Standard Editorial Director A K Bhattacharya looks at the pandemic and its impact on global supply chain and India's economy and markets