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MUTUAL FUNDS NEWS
Nifty LargeMidcap Index for a blend of stability and high returns
Tue, May 07, 2024     Source : Mint
Large companies provide stability, while medium-sized companies can help increase returns in an investment portfolio.
INSURANCE NEWS
ICICI Pru Life launches ULIP having fund value-based distributor payouts
Tue, May 07, 2024     Source : Business Standard
Customers can choose from an array of 21 funds under this product, which includes 13 equity funds, four debt funds, and four balanced funds. Additionally, they can choose from 4 portfolio strategies
MUTUAL FUNDS NEWS
No bias, no emotion; With quant funds the 'matrix' takes the calls
Tue, May 07, 2024     Source : Economic Times
Mutual fund investors looking to diversify portfolios beyond traditional diversified equity strategies can consider quant funds, which primarily use mathematical models to select stocks, eliminate fund man...
NEWS
Sebi no to market hour extension proposal due to lack of consensus: NSE
Tue, May 07, 2024     Source : Business Standard
Stock brokers not on the same page over costs, tech needs
NEWS
CDSL adds 1.09 crore demat accounts in March quarter
Tue, May 07, 2024     Source : Economic Times
Central Depository Services (CDSL), the country's largest depository, recorded an addition of 1.09 crore demat accounts in the quarter ended March 31, 2024, compared to 51 lakh accounts added during the sa...
NEWS
Six-week long election leaves RBI with liquidity dilemma
Tue, May 07, 2024     Source : Economic Times
RBI is stepping in to ease banking system liquidity conditions as a national election which stretches over six weeks is hurting government spending despite strong tax collections.
NEWS
Coromandel International increases stake in Ecozen, shares up
Tue, May 07, 2024     Source : Business Line
The shares of Coromandel International were up 1.44 per cent to ?1,224.70 at 3.11 pm on the BSE
NEWS
Markets rangebound but banks and midcaps under pressure! Nifty closes at 22,443; Volatility soars 13.54%
Tue, May 07, 2024     Source : Financial Express
The gainers on Monday include Britannia, Kotak Mahindra Bank, TCS, Hindustan Unilever, and M&M.
NEWS
GST helped states earn 24% more than the old regime: FM Sitharaman
Tue, May 07, 2024     Source : Business Standard
She praised the new tax system for being pro-poor and beneficial to 4.4 million small taxpayers and micro, small and medium enterprises (MSMEs)
NEWS
India's services PMI slides in April, remains robust due to strong demand
Tue, May 07, 2024     Source : Business Standard
The headline Purchasing Managers' Index (PMI) figure, released by HSBC, slid to 60.8 in April from 61.2 recorded in March
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Will Midcaps outperform Large caps in 2020?
Feb 17 , 2020
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