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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
Baroda BNP Paribas mops up Rs.1,400 cr via flexi-cap NFO
Fri, Aug 19, 2022     Source : Business Line
Baroda BNP Paribas fund focuses on equity, equity-related securities
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.
INSURANCE NEWS
National Insurance among four govt-owned general insurers gearing up for major rejig
Fri, Aug 19, 2022     Source : Economic Times
The four Central government owned non-life insurers on Thursday planned to implement a major organisational restructuring in less than a month.
NEWS
M-cap of BSE-listed cos hit a peak of Rs.280.50-lakh crore
Fri, Aug 19, 2022     Source : Business Line
Recently-listed stocks too add strength
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
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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