Market News

Nithin Kamath says 30% Zerodha accounts now belong to women investors, double since Covid

Women are increasingly investing in India's stock market and mutual funds. Zerodha reports over 30% of its accounts are now held by women, a significant rise since the pandemic. Reports indicate women manage substantial mutual fund assets and are adopting diversified, long-term investment strategies. This trend shows a growing financial independence among women across various age groups.

ICICI Prudential Mutual Fund raises stake in Travel Food Services, shares rise

ICICI Prudential Mutual Fund has announced the acquisition of an additional stake in Travel Food Services, increasing its total shareholding in the company to above 5%.

SEBI proposes review of AMC executive remuneration disclosure norms

SEBI seeks public comments on proposed changes to AMC executive pay disclosures, aiming to streamline norms while preserving transparency for mutual fund investments.

Axis MF's Shreyash Devalkar sees opportunities in EVs, exports and FMCG recovery

Shreyash Devalkar, Head of Equity at Axis Mutual Fund, highlighted rising electric vehicle adoption in two-wheelers and said manufacturing exporters could emerge as beneficiaries of rupee depreciation over time. Devalkar also remains selective on consumption plays and cautious on large-cap IT stocks due to weak growth visibility.

Gold ETFs Break 13-Month Win Streak As Investors Pull Out Rs 725 Crore In May

Net gold ETF outflows stood at Rs 725 crore, according to data released by the Association of Mutual Funds in India

India equity mutual fund inflows slip to one-year low in May amid Iran war jitters, AMFI data - Reuters

India equity mutual fund inflows slip to one-year low in May amid Iran war jitters, AMFI dataReuters

Bajaj Finserv to Union Bank - Jay Thakkar suggests 3 stocks to buy or sell for short-term in F&O segment - Mint

Bajaj Finserv to Union Bank - Jay Thakkar suggests 3 stocks to buy or sell for short-term in F&O segmentMint

Bajaj Finserv Share Price Live Updates: Bajaj Finserv's monthly returns indicate a negative trend

Rajiv Bajaj to exit Board of Bajaj Finserv too

Rajiv Bajaj is moving on from his role on the board of Bajaj Finserv, a transition that follows his earlier departure from Bajaj Finance. This change comes amidst growing demands in his responsibilities at Bajaj Auto, particularly with the integration of its credit operations and the KTM acquisition initiative.

Jio BlackRock prepares ETF debut by August after building $2 billion India fund base By Reuters - Investing.com

Jio BlackRock prepares ETF debut by August after building $2 billion India fund base By ReutersInvesting.com

PE investor BC Investments sells Rs 612 crore stake in Emcure Pharma; Kotak MF picks up stake

Private equity firm BC Investments IV sold a Rs 612 crore stake in Emcure Pharmaceuticals to Kotak Mahindra Mutual Fund at Rs 1,700 per share. Despite this divestment, analysts remain positive on Emcure's growth outlook across its core therapeutic segments.

Sebi may widen 50% overlap rule to thematic passive mutual fund schemes

Curb on number of smart-beta schemes also likely; move aimed at curbing proliferation in segment