Presenting a comprehensive recap of the week’s highlights, spanning from top news to market performance, here’s your market wrap for the week concluding on June 28, 2024. Source link
expert speak
Top News Open ended equity mutual funds witnessed inflows of Rs. 17,990 crore in May 2024. The net Asset Under Management (AUM) of the overall mutual fund industry stood at ₹25.39 lakh crore. Shares of Le Travenues Technology got listed at a premium of 48.49% over the issue price of […]
In today’s market environment characterised by volatility, investors have been grappling with apprehension and have inclinations towards withdrawing capital or strategizing for minimising losses. Yogi Berra’s renowned quote, “When you come to a fork in the road, take it,” emphasises the importance of making informed decisions and embracing calculated risks. […]
Utilise data and analytics In today’s fast-paced investment landscape, using data and analytics is a powerful way to stay ahead of market trends. In today’s digital age, using financial datasets and sophisticated financial models using advanced analytics will help you stay ahead in the game. Advanced analytics tools can help […]
Top News Securities and Exchange Board of India (SEBI) in its recent circular states that the non-submission of ‘choice of nomination’ shall not result in freezing of Demat Accounts as well as Mutual Fund Folios. SIP inflows jumped 42% on Y-o-Y basis to ₹20,904 crore in May 2024 compared to […]
Top News India’s foreign exchange reserves (Forex) increased by USD 4.83 billion to reach USD 651.5 billion for the week ending May 31, 2024. The IPO of Kronox Lab Sciences got oversubscribed by 117.25 times. Sundaram AMC has launched the NFO for Sundaram Business Cycle Fund. The NFOs closes on […]
Top News Indian market capitalization reached up to $5 trillion as a result of domestic markets growing by $1 trillion in under 6 months. Shares of Awfis Space Solutions got listed at a premium of 13% over issue price of ₹383. JM AMC, Motilal Oswal AMC, Mahindra Manulife and Helios […]
Top News SEBI has issued regulations requiring listed entities to verify market rumours following significant price movements. Unaffected prices will be considered for transactions within 24 hours of confirming a rumour, excluding its impact on share prices. This framework applies to top 100 listed entities from June 01, 2024, and […]
Top News India’s foreign exchange reserves (Forex) increased by USD 2.56 billion to reach USD 644.15 Billion for the week ending May 10. Shares of Indegene got listed at a premium of 45% over issue price of ₹452 and shares of TBO Tek got listed at a premium of 55% […]
Top News SEBI has issued a circular that standardised a periodic reporting format for Investment Advisers (IAs) to submit information regarding their activities on half-yearly periods basis on September 30 and March 31 of every financial year. NSE and BSE are conducting a special session for live trading on May […]