Posts in category Business Standard
Nikhil Kamath’s fund, others, back elder care platform Age Care Labs (13-10-2023)
The platform has closed $11 million in its Pre-Series B round from Rainmatter Capital (Zerodha's investment arm) and Gruhas (venture capital fund co-founded by Nikhil Kamath and Abhijeet Pai)
Euro zone govt bond yields rise as US CPI keeps rate hike in play (12-10-2023)
The U.S. 10-year Treasury yield - which sets the tone for other bond yields around the world - has dropped around 28 bps since surging to a 16-year high of 4.887% last week
Market regulator Sebi slams AIF industry for circumvention of regulations (12-10-2023)
Sebi official did not disclose how widespread such practices are or whether the regulator has already begun enforcement action against them
Reliance Industries, select banking stocks attract strong MF flows (12-10-2023)
Maruti Suzuki, Zomato, ITC and Tata Motors are other stocks that have seen continued buying interest from MFs
Technical glitch in BSE prompts dealers, clients to shift trading to NSE (12-10-2023)
As per exchange officials, the technical issue was due to the internet service provider (ISP), and the issue was resolved by 9:30 am
PE investments in Indian real estate dip 12% to $2.3 billion in H1 (12-10-2023)
The level of flows has remained below the pre-pandemic level of $4.2 billion in H1 FY20
Debt MFs continue to log outflow, see Rs 1 trillion withdrawal in Sep (12-10-2023)
Debt-oriented mutual fund schemes witnessed a net withdrawal of Rs 1.01 lakh crore in September, making it the second consecutive month of the outflow, primarily due to advance tax requirements of corporates and correction in equity markets.
The segment saw an outflow of Rs 25,873 crore in August. Before this, the debt schemes attracted Rs 61,440 crore in July, data from the Association of Mutual Funds in India (Amfi) showed.
The huge outflow has pulled down the assets under management (AUM) of fixed income funds or debt funds to Rs 13.05 lakh crore at the end of September from Rs 14 lakh crore in the preceding month-end.
Investor sentiment towards debt investments was largely muted. Barring long duration and gilt fund segments, all the other 14 categories witnessed net outflows. These two categories have been finding favour with investors for some time in anticipation of a change in the interest rate cycle.
"Advance tax payments and other quarter-ending accounting and financial ..
MOIL soars 12%, hits over 10-yr high after Quant MF buys 1.1 million shares (12-10-2023)
On October 11, Quant MF Gilt Fund has purchased 1.1 million equity shares, representing 0.54 per cent of total equity of MOIL, via block deal on the NSE, the exchange data shows
Gold price unchanged at Rs 58,300, silver falls Rs 500 to Rs 72,100 (12-10-2023)
The price of 22-carat gold was also unchanged, with the yellow metal selling at Rs 53,650
Stocks to Watch: TCS, Adani Group, IndusInd Bank, Aster DM, RVNL, Cipla (12-10-2023)
Stocks to Watch on October 12, 2023: RBI has allowed SBI Mutual Fund to acquire up to 9.99 per cent stake in IndusInd Bank