Posts in category Business Standard
Inflow in equity mutual funds climbs 42% to Rs 19,957 cr in October (09-11-2023)
Inflows in equity mutual funds surged 42 per cent month-on-month to Rs 19,957 crore in October driven by investors' preference for small-cap funds.
This was way higher than Rs 14,091 crore inflow seen in the category in September. Before this, inflow was at Rs 20,245 crore in August, according to the data from the Association of Mutual Funds in India (AMFI) released on Thursday.
The flow in October also marks the 32nd consecutive month of net inflows. All the categories experienced inflow in equity segments.
The category was aided by fund collection to the tune of Rs 4,495 crore in small-cap funds, followed by Rs 3,896 crore in thematic funds.
Apart from equities, debt-oriented schemes witnessed a net inflow of Rs 42,634 crore in October after withdrawing funds in the past two months. The segment had witnessed a net outflow of Rs 1.01 lakh crore in September and Rs 25,873 crore in August.
Overall, the 44-player mutual fund industry has witnessed an inflow of Rs 80,528 crore in the
Neuland Labs surges 36% in 4 days on robust Q2 results; up 270% in 9 months (09-11-2023)
The EBITDA margin improvement of 980 bps points to 33.4 per cent is a result of not only the revenue momentum but also a shift towards high margin business, the management said.
MTAR Tech tanks 12% as company cuts FY24 revenue, Ebitda guidance (09-11-2023)
The company cut guidance due to deferment of shipment plans against the confirmed orders from Clean Energy
Samvat 2080: Stock picks by HDFC Sec, Kotak Sec, ICICI Direct, JM Financial (09-11-2023)
Here's a list of Diwali picks recommended by top brokerage and research firms that can help you build your portfolio for Samvat 2080.
Eris up 8% as it plans to acquire nephro, derma units of Biocon Biologics (09-11-2023)
The deal consideration is Rs 366 crore inclusive of working capital, and will be funded partly through debt financing
Brigade Enterprises surges 7%, hits new high on strong Q2 results (09-11-2023)
With a robust pipeline of launches in Bengaluru, Chennai, and Hyderabad, the management is confident that the company will sustain the momentum going forward
Stocks to Watch: Vedanta, Adani Ports, Lupin, Tata Power, MCX, BHEL, IFCI (09-11-2023)
Stocks to watch on Thursday, November 09, 2023: Adani Ports Sri Lankan JV to get $553 mn funding from the US DFC. Patanjali, Phoenix Mills and Brigade Enterprises to react to strong jump in Q2 profit.
Stock market LIVE: Asia stocks up; China inflation eases more than expected (09-11-2023)
Stock market LIVE updates on November 9, 2023: Overnight, Wall Street indices flat with the S&P 500 and Nasdaq Composite gaining 0.1 per cent and 0.08 per cent, respectively
Gold price dips Rs 160 to Rs 61,200, silver falls Rs 1,000 to Rs 73,500 (09-11-2023)
The price of 22-carat gold slid Rs 150, with the yellow metal selling at Rs 56,100
Time to book profit in Nifty Pharma; Auto index remains bullish (09-11-2023)
According to Ravi Nathani, an independent technical analyst, stiff resistance for the Nifty Pharma index is anticipated at 15,600 level.