Share market update: Nifty Pharma index down; Aurobindo Pharma slumps 6%
NEW DELHI: Pharma shares were down in Friday’s morning session with their sectoral index trading lower. Shares of Aurobindo Pharma (down 6 per cent), Cadila HealthcareNSE […]
Share Market Live: Sensex up 192 points, Nifty above 11,266; Tata Steel, Eicher Motors top performer
Share Market Updates: Indian benchmark indices continue to trade on a positive note Wednesday, pressured by gains in IT, Metal and Auto stocks, amid tracking cues […]
Sebi issues show cause notices to HDFC, Kotak mutual fund over FMP woes
Mumbai: The Securities and Exchange Board of India (Sebi) has initiated adjudication against HDFC Asset Management Company Ltd or HDFC AMC and Kotak Mutual Fund over […]
Accelerating economic growth, disposable incomes key to banks’ deposit mobilisation
Accelerating the rate of growth of the economy and disposable incomes holds the key to higher deposit mobilisation by the banking system, says an RBI paper. The […]
Small-cap fund from Principal MF
Principal Mutual Fund launched Principal Small Cap Fund — an open-ended equity scheme predominantly investing in small-cap stocks on Monday. The new fund offer will […]
Share Market Live: Sensex up 96 points, Nifty at 11,329; PNB Housing, PC Jeweller top gainers
Share Market Updates: Indian benchmark indices opened higher on Friday, snapping seven straight sessions of fall, as investors took cues from the US President Donald Trump […]
Market Live: Indices at day’s low, Nifty breaches 11,400; Vedanta, RIL fall
The S&P BSE Sensex plunged more than 300 points to break below 38,000 on intraday basis on May 8 largely weighed by weak global cues. […]
Central bank cuts reserve ratios for small banks
The central bank announced it will lower reserve requirement ratios for small and medium sized banks which mainly serve local companies. The adjustment is part […]
‘It’s not the best time to increase allocation to mid and small caps’
ITI Asset Management has joined India’s already crowded mutual fund space with the launch of two schemes—ITI Liquid Fund and ITI Multicap Fund. The AMC […]
Best mutual funds for a 28-year-old investor
I have done SIPs in the following funds for a cumulative amount of Rs 1 lakh: Franklin Build India Fund Franklin India Prima Fund ICICI […]