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MUTUAL FUNDS NEWS
These 5 mutual fund houses had no exposure in Adani stocks in October
Sat, Nov 23, 2024     Source : Economic Times
With the Adani Group stocks losing around Rs 2.62 lakh crore worth of its market value in two days after the US bribery scandal, five mutual fund houses had zero or no exposure in Adani stocks in October.
MUTUAL FUNDS NEWS
S Naren on why recent equity correction isn't cause for major worry
Sat, Nov 23, 2024     Source : Economic Times
"Because if you look at it smallcap or midcap have not corrected in India significantly mainly because they do not own it.
MUTUAL FUNDS NEWS
Market may be more into consolidation over next 12 months: Krishna Sanghavi
Sat, Nov 23, 2024     Source : Economic Times
Krishna Sanghavi, CIO Equity, Mahindra Manulife MF, says we should prepare ourselves for a time frame which acknowledges that markets may be a little bit more into a consolidation phase over the next 12 mo...
NEWS
Friday’s relief rally after Adani shock leaves investors richer by Rs.7.27 trillion
Sat, Nov 23, 2024     Source : Mint
India’s stock market, however, remains in uncertain territory and could take another 3-4 months to recover, say market experts
MUTUAL FUNDS NEWS
Quant MF NAVs fall up to 3 per cent after sell-off in Adani stocks
Sat, Nov 23, 2024     Source : Financial Express
The NAVs of quant Mid Cap Fund, quant Smallcap Fund, quant Active Fund and quant ELSS Tax Saver Fund fell 1.3-2.3%.
MUTUAL FUNDS NEWS
Vodafone Idea shares decline by 65% from its 52-week high, 87 mutual funds hold stake
Sat, Nov 23, 2024     Source : Economic Times
The shares of Vodafone Idea have slumped by around 65% from its 52-week high of Rs 19.15 on BSE.
NEWS
Sebi investigating whether Adani Group flouted disclosure rules: Report
Sat, Nov 23, 2024     Source : Economic Times
India’s capital markets regulator is looking into whether the Adani Group violated rules mandating the disclosure of market-moving information, according to people with knowledge of the matter.
NEWS
It is a sell on a rise market now with Nifty upside capped, suggest charts
Sat, Nov 23, 2024     Source : Business Standard
As persistent selling at higher levels continues, Chandan Taparia of Motilal Oswal believes a 'sell-on-bounce' trend is firmly in place at least for now
NEWS
Sebi bats for independence of clearing corporations from stock exchanges
Sat, Nov 23, 2024     Source : Business Standard
Regulator proposes measures to diversify ownership, other reforms
NEWS
SEBI proposes tighter hiring rules for top jobs at MIIs
Sat, Nov 23, 2024     Source : Business Line
SEBI suggests cooling-off period for joining rival market institutions
NEWS
Forex reserves record biggest weekly drop as RBI moves to support Rupee
Sat, Nov 23, 2024     Source : Economic Times
India's foreign-exchange stockpile shrank the most on record last week, surpassing the absolute decline last seen during the peak of the global financial crisis,
NEWS
World Bank urges coordinated action on skills and employment for India’s $5 trillion economy goal
Sat, Nov 23, 2024     Source : Mint
The World Bank has stressed that workers must develop skills in complex problem-solving, teamwork, and adaptability, apart from emphasising the need to align education and training with the job market and ...
NEWS
Indian gig economy firms poised to be global leaders: FM Nirmala Sitharaman
Sat, Nov 23, 2024     Source : Financial Express
The minister said India should have a Bharat Food and Drugs Administration (FDA), which could set standards akin to the US-FDA, and help accelerate exports of pharmaceutical formulations.
NEWS
Flash India Composite PMI Output Index rises to 59.5 in Nov
Sat, Nov 23, 2024     Source : Business Line
November saw accelerated job creation and service sector growth, yet inflation surged to near 12-year highs
NEWS
Forward guidance loses steam in downward cycle: RBI's Deputy Governor Patra
Sat, Nov 23, 2024     Source : Business Standard
Patra said that under heightened uncertainty, discretion in forward guidance has increasingly gained legitimacy among major central banks
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