Kotak restricts flows into small-cap fund
Kotak Mutual Fund will restrict flows into its small-cap scheme from March 4, joining the likes of Nippon and Tata in limiting investments into this product category as elevated share…
Nifty 50 crossed the coveted 22,000 mark for the first time
Stock market today: Domestic market benchmark Nifty 50 crossed the coveted 22,000 mark for the first time, hitting its fresh record high of 22,215.60, in intraday trade on Tuesday, February…
Equity MFs see a 42% jump in inflows to ₹19,957 crore
The inflow into equity mutual funds jumped 42 per cent last month to ₹19,957 crore against ₹14,091 crore as investors used the fall in market valuation to pump in more…
Zomato IPO Opens Next Week
The much-awaited IPO of online food delivery and restaurant discovery platform Zomato is knocking the doors for delivery of its initial public offering (IPO) on Dalal Street as it is set to…
Govt eases listing norms
Companies that have a market capitalisation of more than ₹1 lakh crore at the time of listing can now sell just five per cent of their shares, with the latest amendment…
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…
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…