ASBA must be properly tested for secondary markets
Stocks to watch today: Bank of India, Delta Corp, ICICI Prudential Life Insurance Company, Metro Brands, and Network18 Media are some of the companies slated to report their Q3FY23 results on Tuesday
The SIP book has grown consistently from Rs 11,305 crore in December 2021 to an all-time high of Rs 13,573 crore in December 2022
CLOSING BELL: IT majors Tech M, HCL Tech, Infosys, Wipro and TCS were the top Sensex winners, which gained up to 3 per cent
The futures for the S and P 500 and Dow Jones Industrial Average edged 0.1per cent lower
CLOSING BELL: Within sectors, barring consumer durables, PSB and Metal indices on the Nifty logged in most gains, up over 1 per cent each, followed by IT and financial pockets
Also, the stock exchanges have suggested Sebi to launch multiple contracts on same commodity to cater to all value chain participants
The company said Jain's appointment as MD and CEO will re-orient the brand's customer strategy and enhance operational efficiency
The mutual fund industry added Rs 2.2 lakh crore to its asset base in 2022, driven by consistent monthly increase in SIP (Systematic Investment Plan) flows. The Assets Under Management (AUM) of the mutual fund industry rose by 5.7 per cent or Rs 2.2 lakh crore to a total Rs 39.88 lakh crore in 2022, data from the Association of Mutual Fund Industry (Amfi) showed on Tuesday. This was way lower than a surge of nearly 22 per cent or an increase of close to Rs 7 lakh crore in the asset base to Rs 37.72 lakh crore in 2021. "The industry grew at a slower pace in 2022 due to uncertainty in stock markets, and changing interest rate scenarios affecting the business environment at large. Understandably, investors have been in step with these changes by reallocating their investments between equity, debt and hybrid schemes," Gopal Kavalireddi, Head of Research at FYERS, said. While, the growth of 42-player mutual fund space in 2021 was mainly braced by a rally in the stock markets. The incre
But Nifty50 firms' combined earnings expected to grow 10.5% YoY
Investors are hoping that the quarterly earnings of companies will bring some cheer to markets which had a choppy first week in 2023
The MSCI World equity index rose by 0.3%, putting it on the cusp of its first weekly gain in more than a month
Closing Bell: Nifty IT fell 2 per cent followed by 0.7-1 per cent cuts each in Bank, Financial, Metal, Realty and Pharma indices. FMCG and Consumer Durables outperformed with fractional gains
Implementation of airbags in other vehicle segments over the medium term will offer further revenue upside for airbag manufacturers, as per rating agency ICRA
CLOSING BELL: Broader markets, meanwhile, outperformed benchmark indices as Nifty MidCap 100 and Nifty SmallCap 100 indices rose up to 0.4 per cent
Investors will parse the minutes to figure out whether more policy tightening is likely
CLOSING BELL: Broader markets, meanwhile, outperformed benchmark indices as Nifty MidCap 100 and Nifty SmallCap 100 indices surged up to 0.2 per cent
Outperform most global peers even as returns moderate to just over 4% in 2022
From all-time highs to heightened volatility, The second of the yearender series assesses the market's trajectory
The last week of this month is usually a good time for markets as it usually gains in the last five trading days of December and the first two trading days of the New Year