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Radico Khaitan Ltd spurts 0.35%, up for five straight sessions
Radico Khaitan Ltd is quoting at Rs 3959.5, up 0.35% on the day as on 12:44 IST on the NSE. The stock is up 57.19% in last one year as compared to a 5.62% fall in NIFTY and a 8.68% fall in the Nifty FMCG.
Why is market rising today? Sensex gains 600 points, Nifty above 24K. 3 key factors
Indian stock markets surged on Wednesday, breaking a two-day losing spell. Positive global sentiment and other factors propelled investor confidence, with Sensex and Nifty 50 registering significant gains. The market capitalization saw a substantial increase, adding nearly Rs 2.5 lakh crore. While FMCG and Realty sectors led the charge, IT stocks experienced a downturn.
Sensex jumps 507 pts; FMCG shares in demand
At 12:30 IST, the barometer index, the S&P BSE Sensex, jumped 507.24 points or 0.65% to 76,995. The Nifty 50 index surged 136.10 points or 0.57% to 24,026.50.
FMCG stocks in demand: Nifty FMCG index up 1.7%; Nestle India, GCPL lead
Aamar Deo Singh of Angel One said that it is still early to turn decisively bullish on FMCG and that "investors should wait for the monsoon outcome and further confirmation of a sustained recovery."
MFs wary of Sebi plan to allow celeb ads, cite mis-selling, edge for big entities
Sebi's proposal to let mutual fund houses use celebrity endorsements has sparked a debate over investor protection and competition. While supporters say it could bring in more first-time investors, critics fear higher mis-selling risks and a growing advantage for large fund houses.
Stock Market LIVE: Sensex gains 200 pts, Nifty above 23,900; Nifty FMCG index rises over 1%
Sensex Today | Stock Market LIVE Updates Wednesday: In the broader markets, the Nifty MidCap and the Nifty SmallCap were trading 0.38 per cent and 0.78 per cent higher, respectively
Axis MF unveils digital solution to unlock ₹25 trillion MSME opportunity
Asset manager launches Axis Account Plus, a digital treasury management solution that enables MSMEs to invest surplus working capital seamlessly in liquid and mutual fund schemes
Nifty 50 index slides below 23,950 level; auto shares outperform as Maruti Suzuki leads charge
The key equity benchmarks continued to trade below the flat line in afternoon trade. The Nifty 50 index traded below the 23,950 level. Auto, pharma and realty index advanced while IT, banks and FMCG stocks declined.
Healthcare, banks and EVs remain long-term bets: Invesco Mutual Fund's Taher Badshah
Taher Badshah, Chief Investment Officer at Invesco Mutual Fund, expects EV adoption to increase gradually with policy support, while opportunities are emerging in power distribution alongside transmission. Badshah also said SIP inflows remain stable and mutual fund industry trends are not showing signs of concern.
MFs kept buying these 11 stocks for 8 straight quarters; shares surge up to 250% in 2 years
Mutual funds increased holdings for eight consecutive quarters in 36 BSE 1000 companies, signalling sustained institutional conviction. While several stocks delivered strong returns and some more than doubled investor wealth, consistent institutional buying did not guarantee gains, with a few stocks posting sharp declines despite rising mutual fund ownership.
UTI MF buys Rs 425 crore worth MCX India shares, ICICI Prudential MF acquires 1.5% stake in Pondy Oxides - Moneycontrol.com
UTI MF buys Rs 425 crore worth MCX India shares, ICICI Prudential MF acquires 1.5% stake in Pondy OxidesMoneycontrol.com
JioBlackRock enters SIF, launches its first regular-plan product
JioBlackRock enters the SIF segment with a hybrid long-short fund, while ICICI Prudential MF launches a multi-asset active FoF for diversified investing