RBI Monetary Policy
RBI has once again assured to keep policy stance supportive of growth while it trimmed GDP forecast to 9.5% for the current financial year.The Reserve Bank of India’s Monetary Policy…
New Highs
Sensex and Nifty ended higher on Monday, led by a healthy buying in index heavyweights such as Reliance, Bharti, ICICI Bank and HDFC Bank. The 30-share Sensex surged to an…
NIFTY – At All Time High
Stocks gained nearly 1% on Friday, with the Nifty hitting fresh highs on improved prospects of economic recovery. Investors bet that the regional lockdowns will be relaxed soon as daily…
New Mutual Fund Players
Mutual fund business is buzzing with new entrants even as many firms await SEBI nod to enter the industry. This month, mutual fund industry saw the entry of two new…
Morgan Stanley’s bull case scenario sees Sensex at 61,000 by December 2021
Indian equities are likely to outperform their emerging market (EM) peers in 2021, says the latest report by Morgan Stanley and bets on domestic cyclical stocks followed by rate sensitives. The…
AUM:ICICI Mutual displaces HDFC MF from second spot
ICICI Prudential Mutual Fund has regained its second spot in the list of asset under management as of April-end toppling HDFC MF. Interestingly, SBI Mutual Fund with AUM of ₹5.04…
Today in the Markets
Sensex, Nifty end in green for 2nd straight day Domestic equities continued to shrug off rise in COVID-19 cases and benchmark indices recorded strong gain for second consecutive day. A…