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 July 26, 2024.
Top News
- RBI’s MPC hiked the repo rate by 40 basis points to 4.4% and cash reserve ratio (CRR) by 50 basis points to 4.5%.
- GST collections recorded an all time high of ₹1.68 lakhs in April 2022, a 20% jump from the same month last year.
- Franklin Templeton MF has announced existing SIP and STP transactions for its three international schemes – Franklin India Asian Equity Fund, Franklin U.S. Opportunities Fund and Franklin Templeton European Opportunities Fund would be discontinued w.e.f April 30, 2022 until further notice.
- Axis MF has announced that Deepak Agarwal and Viresh Joshi cease to be Fund managers of its schemes. Ashish Naik has been appointed instead, w.e.f 4th May.
Kuvera is a free direct mutual fund investing platform. Unless otherwise stated data sourced from BSE, NSE and kuvera
News in Numbers
Numbers that help you understand news better
First Published:27 Jul 2024, 11:05 AM IST
