NEWS / VIEWS 
      
MUTUAL FUNDS NEWS
Fund managers trim PSB exposure, see better value in private banks
Wed, Apr 24, 2024     Source : Business Standard
MFs pull out Rs 2,500 crore in March from state-owned lenders; replough Rs 4,900 crore into private sector peers
MUTUAL FUNDS NEWS
Investing in passive funds? Keep it simple and don’t overthink: Pratik Oswal
Wed, Apr 24, 2024     Source : Economic Times
Pratik Oswal, Head - ETFs and Index Funds, Motilal AMC, says when it comes to passive funds, keep it very simple.
MUTUAL FUNDS NEWS
Mutual funds hold Rs 1.47 lakh crore worth of Reliance Industries shares
Wed, Apr 24, 2024     Source : Economic Times
Mutual funds increased their investment in India’s most valued stock Reliance Industries (RIL) in the March quarter by 53 basis points to 7.50%. Their stake was valued at Rs 1.47 lakh crore.
INSURANCE NEWS
First-year premium of life insurers up 2 pc at Rs.3,77,960 cr in FY24: IRDAI
Wed, Apr 24, 2024     Source : Business Line
Life Insurance Corporation’s first year premium declined 4 per cent to Rs.2,22,522 crore against Rs.2,31,899 crore in the previous financial year
INSURANCE NEWS
Tata AIA Life Insurance crosses Rs 1 lakh crore in asset under management
Wed, Apr 24, 2024     Source : Economic Times
Tata AIA Life Insurance Company Ltd. has crossed Rs 1 Lakh crore in assets under management (AUM).
NEWS
FPIs lap up power, financial services stocks in April; IT, FMCG see biggest outflows
Wed, Apr 24, 2024     Source : Economic Times
Overseas investors were buyers of Indian equities worth ?17,932 crore across 15 sectors between April 1 and 15, as per National Securities Depository Ltd (NSDL) data.
NEWS
Volatility index India Vix records steepest slump in nearly 5 years
Wed, Apr 24, 2024     Source : Business Standard
Poll expectations, easing of global tensions likely causes
NEWS
RBI economists cautious as inflation risks linger
Wed, Apr 24, 2024     Source : Economic Times
Even as the Indian economy is in a sweet spot with growth rate averaging 8 percent in the first three quarters of FY'24 and inflation coming off its peak closer to the target at 4.9 percent in March, the R...
NEWS
Markets trade sideways! Sensex up 90 points, Nifty closes above 22,350
Wed, Apr 24, 2024     Source : Financial Express
The losers on Tuesday include Sun Pharma, BPCL, Reliance, M&M, and Hindalco.
NEWS
Net FDI in India dips to $14.55 billion in April 2023-Februray 2024
Wed, Apr 24, 2024     Source : Business Standard
Repatriation\divestment crosses $38 billion in 11 months
NEWS
Morgan Stanley forecasts strong Indian GDP growth amid robust domestic demand
Wed, Apr 24, 2024     Source : Economic Times
Morgan Stanley, a global investment banking firm, has expressed optimism about India's economic growth prospects, citing robust domestic demand.
NEWS
PayU gets RBI's in-principle approval to operate as payment aggregator
Wed, Apr 24, 2024     Source : Business Standard
The company said it can start onboarding new merchants on its platform with the in-principle approval
NEWS
Downside risk in Persistent Systems remains despite price correction
Wed, Apr 24, 2024     Source : Business Standard
Due to several headwinds, brokerages have reduced their earnings per share estimates for FY25 by 5-8%
NEWS
India's crude oil consumption up 4.6% in FY24, output rises marginally at 0.6%, imports steady: PPAC
Wed, Apr 24, 2024     Source : Mint
India's total consumption of crude oil or petroleum products rose 4.6 pent in fiscal 2023-24 (FY24) to 233.3 million metric tonne (MMT), while domestic production of crude oil rose marginally at 0.6 per ce...
NEWS
Dow jumps 226 points on bright earnings, megacaps' support
Wed, Apr 24, 2024     Source : Economic Times
Wall Street's main indexes advanced on Tuesday as growth and chip shares gained, while stocks like General Motors and Spotify rose on upbeat earnings updates ahead of quarterly reports from big technology ...
12345678910...
Will Midcaps outperform Large caps in 2020?
Feb 17 , 2020
View All>