Debt mutual fund flows turn negative at Rs 8,127 crore in August. What drove the outflows?
Debt mutual fund flows turn negative at Rs 8,127 crore in August. What drove the outflows?
Debt mutual fund flows turn negative at Rs 8,127 crore in August. What drove the outflows?
The Securities and Exchange Board of India (SEBI) has proposed reviewing certain aspects of the Closing Auction Session (CAS), market timings and the settlement methodology for derivatives contracts, including two options for determining expiry-day settlement prices for index and single-stock derivatives. The CAS framework was introduced in the equity cash segment of stock exchanges for…
Mumbai: State Bank of India shares fell 2.2% on Monday, underperforming a largely flat market, even after the country’s largest lender’s June-quarter earnings came in above analyst expectations. Read more: Indian equities could hit new highs next year: Aditya Birla MF The stock closed at ₹1,072 even as most brokerages retained their positive stance on…
Shares of Manappuram Finance jumped 3% on Wednesday after the gold financier reported a nearly four-fold rise in consolidated net profit to Rs 585 crore in Q1 FY27. Net profit stood at Rs 138 crore in the year-ago quarter. Manappuram Finance shares jumped to nearly Rs 370 apiece during the morning trade before paring some…
Lighthouse-backed Indian gifting retailer Ferns N Petals plans to go public by the end of 2028 to fund expansion and acquisitions, while targetting revenue growth of about 25% annually, its global CEO told Reuters. “The end of 2028 will be a good time for us to go public,” Pawan Gadia said, adding that the company…
Subhadra Yojana fifth installment was released on Friday, 28 August — the flagship scheme of Odisha government to empower women through direct financial support. Odisha Chief Minister Mohan Charan Majhi released over ₹5,160 crore funds, benefiting eligible women in the age group of 21 to 60 years. The tranche payment of ₹5000 is directed towards…
The Indian stock market sharply surged on Wednesday, with benchmark indices Sensex and Nifty rising more than 1% each, despite a sharp increase in oil prices as US-Iran tensions escalated. Sensex soared nearly 889 points to close at 77,655 while Nifty gained around 265 points to end the session above 24,250. The sharp gains added…