Over the last five weeks, a total of $575 million have been pulled out of India-dedicated funds, Elara Capital said. Out of the $575 million, a total of $360 million was redeemed from largecap funds, while $215 million was withdrawn from mid-cap funds.
Posts in category Economic Times
European shares fall as market assesses Trump risks (12-11-2024)
Basic resources dipped 1.5% as most metal prices fell, while personal and household goods, which houses heavyweight China-exposed luxury firms, dropped 1.3%.
Hyundai India Q2 Results: Cons PAT falls 16% YoY to Rs 1,375 crore, revenue down 7% (12-11-2024)
Hyundai India Q2 Results: Revenue from operations in the reporting period, too, fell 7% year-on-year (YoY) to Rs 17,260 crore. The stock is trading 2.50% lower. The company reported an EBITDA of Rs 2,205 crore in Q2, a 10% drop from Rs 2,440 crore in the same quarter last year. Margins also decreased by 30 basis points year-over-year, reaching 12.8% for the period. Hyundai India cited weak market sentiment and geopolitical factors as reasons for the decline in PAT.
Share price of GAIL as Nifty (12-11-2024)
A total of 578,133 shares changed hands on the counter till 02:09PM (IST).
Jubilant FoodWorks outpacing QSR sector as market share gains driving stock surge: Abneesh Roy (12-11-2024)
Also, the marriage season is going to be better and that will help a lot of the discretionary demand in terms of gifting, in terms of paints, etc. So, we do see that volume growth for most companies in H2 should be better, plus pricing growth of 2% to 3% will gradually come back
Dogecoin outperforms Bitcoin and Ether, rises 145% since Trump’s US election victory (12-11-2024)
Dogecoin’s robust performance signals optimism over Trump’s pro-crypto stance and expectations for a friendlier regulatory landscape. Other notable gainers this week include Cronos (185%), Neiro (118%), Cardano (80%), and Pepe (75%).
Marico shares 3.51% as Sensex falls (12-11-2024)
A total of 26,905 shares changed hands on the counter till 01:45PM (IST)
Trent shares correct nearly 11% in 2 weeks, 21% from peak. Is upside still capped? (12-11-2024)
This downfall has been despite the company’s new brand launch called Pome, which sells lab-grown diamonds, and the company posting a 46% YoY jump in its net profit for the second quarter ended September 2024.
Ashok Leyland shares 1.67% as Sensex falls (12-11-2024)
On the technical charts, the RSI of the stock stood at 51.22.
Voltas 3.03% as Sensex (12-11-2024)
The stock traded at a P/E multiple of 101.83, while the price-to-book value ratio stood at 6.27.