Posts in category Business Standard
Markets reverse Muhurat day gains, heavyweights drag down benchmark indices (13-11-2023)
Most global markets traded mixed as traders eyed key events such as talks between the US and China and the release of US inflation data
Gold prices hold steady as investors awaits key US inflation data (13-11-2023)
Core US CPI month-over-month is expected to have risen 0.3% in October, with a year-over-year increase of 4.1%, a poll showed. Both estimated gains are the same as in September
Elections to disrupt India stocks calm in 2024, says Morgan Stanley (13-11-2023)
"A potential change in government could lead to changes in the direction of policy reform and execution leading to poor investment sentiment," Morgan Stanley said
Inflow in mutual fund industry drops to Rs 34,765 crore in Sep quarter (13-11-2023)
The mutual fund industry continued with the positive momentum in the September quarter, attracting Rs 34,765 crore, although it was a massive reduction as against the Rs 1.85 lakh crore inflow in the preceding quarter, primarily due to withdrawal from debt segment.
Most of the asset classes saw net inflows during the July-September period of the current financial year barring the fixed-income or debt segment, which witnessed net outflows.
Overall, flows started on a strong note during the quarter under review, with net inflows of Rs 82,467 crore in July, which dipped to Rs 16,180 crore in August and ended with a disappointing Rs 63,882 crore of net outflows in September, according to a report by Morningstar India.
"Net flows over the last few years over each quarter have been patchy. The flows seen in the June quarter were the highest in four years," it noted.
The assets under management of the industry ended at Rs 46.22 lakh crore as of September, up 5 per cent since the previous
India’s outward FDI falls 12.14% to $1.88 bn in October: RBI data (13-11-2023)
Outbound FDI, expressed as a financial commitment, comprises three components: equity, loans, and guarantees
Torrent Power jumps 6% to fresh high; soars 92% from January’s 52-week low (13-11-2023)
The net profit growth came on the back of increased contribution from merchant power sales in gas-based power plants, from licensed distribution businesses, higher contribution from renewable business
Goldman upgrades Indian equities citing strategic appeal, downgrades China (13-11-2023)
The Wall Street bank has downgraded its views on China equities several times this year amid pessimism in the country's stock market
Dilip Buildcon soars 7%, hits 52-week high on heavy volumes (13-11-2023)
The management said the road ahead for the infrastructure segment looks steady and poised to grow, and the company is well-positioned and perfectly equipped to capitalise on this opportunity.
Protean eGov Technologies makes quiet debut; lists on par with issue price (13-11-2023)
Post listing, the stock moved higher to Rs 823, a premium of 4 per cent over its issue price of Rs 792 per share on the BSE.
Aurobindo Pharma hits 52-week high, jumps nearly 4% in a weak market (13-11-2023)
The stock has been one of the top out-performers so far this month, and gained a whopping 18.5 per cent.