MFs’ share in total institutional equity hits a record

ET Intelligence Group: Dalal Street has now acquired a distinct desi flavour, illustrating the power – and allure – of equity for the ordinary Indian saver. It’s no wonder, therefore, the share of domestic mutual funds in the overall institutional equity assets under management (AUM) reached a record high. Data from NSDL showed Indian domestic … Read more

MFs’ share in total institutional equity hits a record

ET Intelligence Group: Dalal Street has now acquired a distinct desi flavour, illustrating the power – and allure – of equity for the ordinary Indian saver. It’s no wonder, therefore, the share of domestic mutual funds in the overall institutional equity assets under management (AUM) reached a record high. Data from NSDL showed Indian domestic … Read more

NCLT approves Raymond group entities’ strategic demerger, amalgamation

The National Company Law Tribunal (NCLT) has approved Raymond’s composite scheme of arrangement and restructuring involving the demerger of its lifestyle business and the amalgamation of its consumer trading arm, paving way for a more focused and streamlined corporate structure. The NCLT approval facilitates the separation of demerging entity Raymond Ltd and Raymond Lifestyle, which … Read more

FPIs infuse Rs 12,170 crore in equities in Jun on hopes of policy reform continuation, eco growth

Staging a strong comeback after general election results, foreign investors pumped Rs 12,170 crore in Indian equities so far in June, mainly driven by expectations of continued policy reforms and sustained economic growth. This came following a net withdrawal of Rs 25,586 crore from equities in May on poll jitters and more than Rs 8,700 … Read more

Demand for dollar loans may decline: BofA

Mumbai: After having deleveraged their books, Indian corporates are likely to go slow on overseas dollar loans as current rates are expensive, although there is “huge pent-up demand” for buying into local firms’ equity, a top Bank of America executive told ET. “On the loan side, we don’t see that much demand in India because … Read more

Zerodha: Zerodha investors booked Rs 50,000 crore profit in 4 years: Nithin Kamath

The equity boom in Indian markets meant that lakhs of investors entered the investing arena, particularly post the pandemic era. This is reflected in the fact that equity investors have realized a profit of Rs 50,000 crore over the last four years and are sitting on unrealized profits of Rs 1 lakh crore on an … Read more

Know Your Fund Manager | Sanjay Chawla, CIO – Equity, Baroda BNP Paribas Mutual Fund

Let’s start with your personal story I come from a family of engineers and I surprised my parents by not pursuing my engineering academic learnings professionally. I completed my Master of Management Studies (MMS) from the BITS, Pilani. My college is renowned for its rigorous academic programs and emphasis on both theoretical and practical knowledge, … Read more

US equity funds hit by outflows on rising yields, rates uncertainty

U.S. equity funds saw outflows for the first time four weeks in the seven days ended May 29, hit by rising bond yields and uncertainty over the timing and extent of Federal Reserve interest rate cuts. According to LSEG Lipper data, net outflows from U.S. equity funds totalled $7.6 billion. This came as the yield … Read more

FPIs take out Rs 22,000 crore from equities in May amid poll jitters, Chinese mkt outperformance

Foreign investors have pulled out a massive Rs 22,000 crore from Indian equities so far this month, due to uncertainty surrounding the outcome of the Lok Sabha elections and outperformance of Chinese markets. This came following a net outflow of over Rs 8,700 crore in the entire April on concerns over a tweak in India’s … Read more

equity markets: From Tokyo to New York, stock markets are on a record-hitting spree around the world

From New York to London to Tokyo, if there’s one similarity among the world’s equity markets it’s this: record highs.Of the world’s 20 largest stock markets, 14 have hit all-time highs recently. The MSCI ACWI Index, which tracks developed and emerging markets, has been on a record-breaking run, setting another new high on Friday. In … Read more