Benchmark indices ended higher on June 7 with Nifty above 15,751 supported by the IT, infra and energy names. The Sensex was up 228.46 points or 0.44% at 52328.51, and…
The assets under management (AUM) of NPS has surpassed the Rs 6-trillion mark,PFRDA announced on Wednesday. The AUM stood at Rs 6,03,667 crore on May 21, 2021. This includes AUM under…
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…
With international diversification getting more recognition, and investor flows moving into such mutual fund (MF) schemes, the market regulator SEBI has now increased the overseas investment limit to $1 billion.…
The Indian economy rose by 1.6% in the January to March quarter (Q4 FY21) from the previous year but contracted by 7.3 per cent for the entire fiscal year, which…
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…
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…
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…
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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…