As per analysts at Centrum Broking, the stock of HG Infra has headroom to re-rate as the company is continuing to deliver on growth and monetisation targets
Investors were also nervous ahead of the release of the minutes of the Federal Open Market Committee's meeting later Wednesday
In 2022, when most asset managers watched clients yank cash from their funds as markets cratered, GQG thrived
The report released by Hindenburg Research had accused Adani firms of brazen stock manipulation, accounting fraud, and use of extreme leverage, spelling danger for its creditors
Appeal of direct equity investment is waning
Mutual funds' collection through new fund offerings (NFOs) remained subdued in 2022, with asset management companies (AMCs) garnering over Rs 62,000 crore through new schemes, which was 38 per cent less compared to 2021. However, higher number of NFOs were launched in 2022 compared to the preceding year. A total of 228 new schemes were floated last year, which was way higher than 140 launched in 2021, according to the data compiled by Morningstar India. In the year 2022, fund managers focused on passive funds and fixed income categories like fixed maturity plans. In fact, number of fixed income NFOs seem to have doubled in 2022 over the previous year. According to the data, a total of 179 open-end funds and 49 closed-end funds were launched in the calendar year 2022, and cumulatively, these funds garnered Rs 62,187 crore. In comparison, 140 NFOs were floated in 2021 and cumulatively, these funds were able to mobilise Rs 99,704 crore and 81 new schemes were launched in 2020 raking i
The Nifty50, on the other hand, ended the session at 17,944, down 91 points or 0.5 per cent
Shares of WPIL were locked in the 10 per cent upper circuit on the BSE at 01:09 PM. The stock also hit a new high of Rs 1,791.65
Analysts remain cautious on mid-and-smallcap segments and suggest earnings need to catch up before the stocks start to recover
Stocks to Watch: As per reports, MSCI on Thursday evening said it had cut its determined free float for four companies in the Adani Group: Adani Enterprises, Adani Total Gas, Adani Transmission & ACC
2.2 mn new accounts added in January, highest since August last year
The cut-off yield for the five-year green bond was set at 7.23% while that for the 10-year green bond was set at 7.30%
The management said the significant boost in the number of visitors was due to the increase in domestic tourism, walk-in customers and the revival of student excursion trips
In a new paper, Sebi has proposed the daily transfer of client funds to clearing corporations
Fifty 1 International launches state of the art sales gallery in Gurugram
Given global uncertainties, rejigging the tax regime may affect market sentiment
Sebi has begun examining the crash in Adani group stocks and is said to have increased the scrutiny of the Adani group and its investors
Amid a raging controversy over a meltdown in Adani group stocks, regulator Sebi on Saturday said it is committed to ensuring the stock market's integrity and all necessary surveillance measures are in place to address any excessive volatility in individual shares. Without naming the Adani group specifically, the capital markets watchdog said in a statement that unusual price movement in the stocks of a business conglomerate has been observed in the past week. Officials confirmed that the statement has been issued in the wake of the Adani matter only. "As part of its mandate, Sebi seeks to maintain orderly and efficient functioning of the market and has put in place a set of well-defined, publicly available surveillance measures (including the ASM framework) to address excessive volatility in specific stocks. "This mechanism gets automatically triggered under certain conditions of price volatility in any stock," the Securities and Exchange Board of India (Sebi) said. Stock exchange
Adani Ent shares end 2.2% lower after recovering 50% from day's low