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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
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.
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
Stock Market Live Updates Today: BSE Sensex, Nifty50 trade in red; RBI keeps repo rate unchanged at 5.25%, announces measures for foreign capital - The Times of India
Stock Market Live Updates Today: BSE Sensex, Nifty50 trade in red; RBI keeps repo rate unchanged at 5.25%, announces measures for foreign capitalThe Times of India
Nifty hovers above 23,450 as RBI maintains repo rate unchanged
At 10:30 IST, the barometer index, the S&P BSE Sensex, rose 234.70 points or 0.32% to 74,594.71. The Nifty 50 index added 53.10 points or 0.23% to 23,468.55.
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.
Stocks to Watch, June 5: Rate sensitives, ICICI Bank, Tata Steel, Groww
Stocks to watch, June 5: Banks, auto, realty, consumer durables, Groww, Tata Steel among others to remain in focus today
ICICI Bank receives warning letter from SEBI over FPI transaction violation
SEBI issued the warning for permitting one foreign portfolio investor (FPI) to repatriate funds prior to completion of the committed retention period under the voluntary retention route (VRR). Shares of ICICI Bank Ltd ended at ₹1,252.30, up by ₹9.95, or 0.80 on the BSE today, June 4.
INR settles lower as prolonged West Asia crisis poses a major risk for India; RBI eyed
The Indian rupee depreciated 7 paise to close at 95.83 (provisional) against the US dollar on Thursday, as heightened geopolitical tensions between the US and Iran drove energy volatility and aggressive safe-haven buying. The prolonged West Asia crisis poses a major risk for India, which relies heavily on energy imports. Market participants are now turning their attention to the Reserve Bank of India's MPC rate decision on June 5, as inflation, growth and the rupee are under focus. The six-member MPC, headed by RBI Governor Sanjay Malhotra, will announce its decision on June 5. Indian equity benchmarks ended flat but resilient today, recovering from early intraday losses. The NSE Nifty 50 closed marginally higher by 10.95 points (0.05%) at 23,416.55, while the BSE Sensex inched up 13.84 points (0.02%) to finish at 74,360.01. The primary catalysts for the market recovery were breaking news of potential tax concessions for foreign institutional investors (FIIs) and tentative signs of ..
ET Alpha Wealth Summit: S Naren shares blueprint for investing in a boring market
ICICI Prudential AMC CIO S. Naren described the current market as a “boring phase,” marked by a tug-of-war between FIIs and domestic mutual funds. At the ET Alpha Wealth Summit, he outlined five market-cycle phases, warning that parabolic asset rallies and leveraged investing are classic signs of bubbles.
ICICI Prudential AMC receives Sebi warning over investor complaint
The market regulator flagged a procedural delay in verifying an investor's eligibility for an alternative investment fund scheme following a complaint
Concord Enviro Systems arm bags ₹16-cr order for zero liquid discharge systems
The company said the order has been awarded by a domestic entity and will be executed over a period of 28 weeks. Shares of Concord Enviro Systems Ltd ended at ₹257.30, down by ₹15.85, or 5.80%, on the BSE today, June 2.