Business

Mumbai: Investor inflows into equity mutual funds rose 83.42 per cent to a record Rs 34,697 crore in May 2024, according to data released today by the Association of Mutual Funds in India (AMFI). Investment inflows into open-ended equity funds remained positive for the 39th consecutive month in May. For …

New Delhi: The biggest challenge for the Ministry of Commerce and Industry under the coalition government led by Prime Minister Narendra Modi will be to restore growth in merchandise exports, which are facing external factors such as geopolitical risks and high inflation. A special action plan is expected to be …

On the second day of the week, the market opened on the green mark. As soon as the stock market opened at 9.30 am, the Sensex opened at 76,548.97 with a gain of 58.89 points. While the Nifty opened at 23,284 points, up 25.25 points. It is worth noting that …

The Securities and Exchange Board of India (SEBI) has come up with a proposal to tighten rules for listing and maintenance of shares in the futures and options (F&O) segment. If the revised new rules are adopted, many stocks with consistently low derivatives turnover and open interest will be delisted. …

Among equity schemes, sectoral and thematic funds witnessed the highest net inflows of Rs 19,213 crore in May. Investment inflows into equity mutual funds rose 83.42 per cent to Rs. 34,697 crore. With this, open-ended equity schemes have witnessed net inflows for the 39th consecutive month. It is worth noting …

52 mins ago Business In May, the flow of investment made through SIP (Systematic Investment Plan) in mutual funds was recorded at Rs 20,904.37 crore, which is the highest ever. In April also, this figure was Rs 20,000 crore more i.e. Rs 20,371.47 …

For some time now, the prices of gold and silver have been skyrocketing. The continuous increase in the price of gold has also set a new record. But gold prices in India have seen a decline for the second consecutive day. Gold has become cheaper by more than Rs 2200 …

The Indian stock market has almost recovered from the 6 percent drop that occurred on the day of the Lok Sabha election results. But experts say that initial public offering (IPO) bidders will still have to wait for their performance in the market. Some IPO bidders will review the impact …

5 mins ago Business In the current financial year, the small-cap and mid-cap of the Bombay Stock Exchange (BSE) have gained 12.89 per cent and 12.18 per cent respectively. In comparison, the Sensex has gained four per cent during this period. Fearing bubble-like …

New Delhi: Indian investors and companies will now be able to invest in other global funds, including foreign funds established in the US and Singapore, without any restrictions. This will be possible after the amendments made by the Reserve Bank of India last week regarding foreign portfolio investment. RBI has …