Market News

Go Digit shares climb 10% as institutional investors pick up stake

According to NSE, Aditya Birla Sunlife Mutual Fund has purchased 2.1 million shares of Digit General Insurance, while JPMorgan (Taiwan) Eastern Technology Fund also acquired 1.1 million shares.

Sensex Today Trades Higher | Nifty Above 23,450 | Bajaj Finance & Tech Mahindra Top Gainers - Equitymaster

Sensex Today Trades Higher | Nifty Above 23,450 | Bajaj Finance & Tech Mahindra Top GainersEquitymaster

Sensex Today Trades Higher | Nifty Above 23,450 | Bajaj Finance & Tech Mahindra Top Gainers - Equitymaster

Sensex Today Trades Higher | Nifty Above 23,450 | Bajaj Finance & Tech Mahindra Top GainersEquitymaster

ACME Solar Shares Jump After Raising Rs 2800 crore through QIP; Seen 65% Surge In Six Months

Key investors who have participated in the QIP included Nippon India Mutual Fund, HDFC Mutual Fund, SBI Mutual Fund, ICICI Prudential Mutual Fund, Kotak Mutual Fund, and SBI Life Insurance, among others.

Bajaj Finserv Share Price Live Updates: Bajaj Finserv Trading Volume Overview

Bajaj Finserv Ltd slips for fifth straight session

Bajaj Finserv Ltd is quoting at Rs 1713.7, down 1.19% on the day as on 13:19 IST on the NSE. The stock tumbled 11.85% in last one year as compared to a 5.65% slide in NIFTY and a 5.32% fall in the Nifty Financial Services index.

Bajaj Finance Ltd drops for fifth straight session

Bajaj Finance Ltd is quoting at Rs 871.6, down 0.59% on the day as on 13:19 IST on the NSE. The stock tumbled 2.44% in last one year as compared to a 5.65% slide in NIFTY and a 5.32% fall in the Nifty Financial Services index.

ET Alpha Wealth Summit: A 12% return is a really good job in markets, says HSBC MF CEO Kailash Kulkarni

HSBC Mutual Fund CEO Kailash Kulkarni urged investors to keep return expectations realistic, saying a 12% annual return is a strong outcome in equity markets. Speaking at the ET Alpha Wealth Summit, he highlighted export-led manufacturing as a key long-term opportunity and said AI could empower retail investors through better access to information.

Bajaj Finserv Share Price Live Updates: Bajaj Finserv's stock sees a drop in weekly returns

FPIs beat mutual funds by rupee returns despite $27 billion exodus

Despite record outflow of $27 bn or ₹2.4 trillion, foreign portfolio investors' totted a rupee return on assets of 7.7% against MFs' 4.4%, thanks to Nifty outperforming broader markets last year. In dollar terms though their returns lag those of MFs.

RBI MPC meeting begins today: Will RBI announce a rate hike as Middle East conflict threatens to drive inflation?

According to wealth management firm DSP Mutual Fund, the central bank is unlikely to announce a rate hike, instead, the bank is likely to follow a step-by-step sequence before pulling the trigger on rates to defend the currency.

INR depreciates further to one-week low as oil stays elevated amid Middle East turmoil

The Indian rupee depreciated further in opening trades on Wednesday as oil prices stay elevated, driving fears of inflationary pressures in future. INR opened at Rs 95.43 per dollar and hit a low of 95.65 so far during the day. Yesterday, rupee fell 15 paise to close at 95.34 against the US dollar, as global crude oil prices jumped and the American currency remained firm amid massive safe-haven inflows. Significant foreign fund outflows also weighed on the investor sentiments. Local equities continue to stay strained in early trades with BSE Sensex trading at 73,866.45, down by 783.39 points and NSE Nifty 50 trading at 23,247.90, down by 235.65 points.