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MUTUAL FUNDS NEWS
Why mutual funds favour financial services but slash IT exposure
Fri, Aug 19, 2022     Source : Mint
Mutual fund managers increased their holdings of financial services, industrials, and consumer discretionary stocks, sectors that are most likely to benefit as economic activity and consumer demand pick up...
MUTUAL FUNDS NEWS
As Nifty rallies 9%, MFs trim stakes in 3 of every 5 index stocks in July
Fri, Aug 19, 2022     Source : Economic Times
Mutual funds trimmed stakes in three of every five Nifty50 stocks in July, the month that saw the NSE barometer rallying 9 per cent.
MUTUAL FUNDS NEWS
WhiteOak Capital Mutual Fund launches Mid Cap Fund, Tax Saver Fund
Fri, Aug 19, 2022     Source : Economic Times
WhiteOak Capital Mutual Fund has launched two schemes - WhiteOak Capital Mid Cap Fund and WhiteOak Capital Tax Saver Fund.
NEWS
From 60k to 60k: The rise and fall of Sensex explained in charts
Fri, Aug 19, 2022     Source : Economic Times
The benchmark BSE sensex has had a bumpy ride since scaling its all-time high level of 62,245 in October last year.
NEWS
FIIs’ August buying puts stock market in overbought zone
Fri, Aug 19, 2022     Source : Mint
The National Stock Exchange’s Nifty index continued its climb despite a major momentum indicator flashing a sell signal.
NEWS
Market rebound draws wary eye from some investors
Fri, Aug 19, 2022     Source : Mint
Stocks reached another milestone in their comeback last week, with the Nasdaq Composite rising more than 20% from its mid-June low to end its longest bear market since 2008.
NEWS
Sebi tightens overseas norms for alternative investment and VC funds
Fri, Aug 19, 2022     Source : Business Standard
Going ahead, all AIFs and VCFs will have to file an application before the market regulator for allocation of overseas investment limit in a format specified by Sebi
NEWS
Global investors, PEs cash in on rally with block deals
Fri, Aug 19, 2022     Source : Economic Times
With the Indian stock market bouncing back sharply and the primary market continuing to remain sluggish, private equity funds and other large foreign investors are rushing to the secondary market to encash...
NEWS
Govt to amend 114-year-old the Indian Ports Act, bring in reforms
Fri, Aug 19, 2022     Source : Business Standard
Bill aims level-playing field for ports, new dispute resolution mechanism
NEWS
Indian inflation still elevated, may warrant policy response: RBI
Fri, Aug 19, 2022     Source : Mint
Inflation in India may still require a monetary policy response going forward as it remains above the target range even though it has eased in recent months, the Reserve Bank of India said on Thursday.
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