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ICICI Prudential AMC caps gold ETF subscriptions amid demand surge
The company said it will not accept direct subscriptions of more than 250 million rupees ($2.63 million) in the ETF until further notice

Nippon India MF Restricts Large Investments In Gold ETF, Savings Fund As Top AMCs Curb Inflows
Nippon India MF joins top fund houses in curbing large gold ETF inflows, citing concerns over fresh unit creation and gold imports.

ICICI Prudential MF Limits Big-Ticket Gold ETF Investments After HDFC MF
ICICI Prudential MF has restricted Gold ETF investments of Rs 25 crore and above from June 5.
Market ends with minor cuts; Nifty settles below 23,400 level
The Nifty settled below the 23,400 mark. Metal, IT and oil & gas stocks witnessed selling pressure, while media, healthcare and realty shares attracted buying interest.
HDFC MF, ICICI Pru MF cap large-ticket inflows in gold ETFs, but it won't hurt retail investors
HDFC MF's move alone is unlikely to significantly alter industry flows unless other large gold ETF players follow suit
Nifty trades below 23,400; Metal shares extend losses for the 3rd day
At 14:30 IST, the barometer index, the S&P BSE Sensex slipped 137.57 points or 0.18% to 74,214.44. The Nifty 50 index lost 53.02 points or 0.22% to 23,358.95.
APL Apollo Tubes Ltd soars 1.71%, rises for third straight session
APL Apollo Tubes Ltd is quoting at Rs 1839.3, up 1.71% on the day as on 12:49 IST on the NSE. The stock is down 4.25% in last one year as compared to a 6.52% fall in NIFTY and a 40.26% fall in the Nifty Metal index.
Gold outlook remains bearish; yellow metal may fall towards $4,099: Analyst
Gold ETF flows remain uninspiring, as investors continue to be deterred by elevated volatility and the prospect of higher interest rates

Stock Market Live, June 5: Markets turn weak post RBI pause; Sensex down 244 pts, Nifty below 23,350 - BusinessLine
Stock Market Live, June 5: Markets turn weak post RBI pause; Sensex down 244 pts, Nifty below 23,350BusinessLineSensex Today | RBI MPC Stock Market Live: Sensex falls over 250 pts, Nifty below 23,400; metal stocks sli...The Economic TimesRBI has done almost everything markets wanted. So why is the Nifty flat?Moneycontrol.com
Peak XV sells stake in Go Digit to JP Morgan, Aditya Birla MF for ₹100 cr
JP Morgan and Aditya Birla Sun Life Mutual Fund have collectively acquired over 33.3 lakh shares of Go Digit General Insurance from Peak XV Partners for Rs 100 crore through open market transactions. Following the transaction, shares of Go Digit General Insurance on Friday rose 5 per cent to Rs 318 apiece on the National Stock Exchange (NSE). US-based JP Morgan through its affiliate JP Morgan (Taiwan) Eastern Technology Fund and Aditya Birla Sun Life Mutual Fund purchased 33,33,500 shares representing nearly a 0.4 per cent stake in Bengaluru-based Go Digit General Insurance, according to the block deal data executed on Thursday on the exchange. The shares were acquired at an average price of Rs 300 apiece, taking the combined deal value to Rs 100 crore. Meanwhile, venture capital firm Peak XV Partners through its arm Peak XV Partners Growth Investments III offloaded the same number of shares in the transaction, as per the data. The stake sale comes after Peak XV Partners fully exi
Go Digit Insurance shares jump 9% after Rs 100 crore block deal attracts MFs, global investor
Go Digit General Insurance shares saw a significant jump. This surge followed a Rs 100-crore block deal. Aditya Birla Sun Life Mutual Fund and JPMorgan Taiwan Eastern Technology Fund acquired shares. Peak XV Partners Growth Investments III was the seller.
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.