MFs add 70 lakh investor accounts in first 5 months of this fiscal
The sharp increase in mutual fund (MF) folio count implies that a lot of new investors are coming into the capital markets and are embracing mutual funds as their preferred vehicle for investing.
RBI may raise repo rate by 50 bps this week
According to an ET poll conducted among 20 banks, fund managers and financial institutions, the RBI Monetary Policy Committee (MPC) will likely assess the risk of spillover inflation and a sliding rupee, which could hurt growth of the world’s fifth-largest economy.
Nifty to face volatile bouts, may find support at 17,000 levels
The mood is jittery ahead of the September series derivative expiry on Thursday and the Reserve Bank of India’s policy meeting on Friday when the central bank is expected to raise rates. But, analysts do not rule out a technical rebound around 17,000-17,150.
Global bond rout may sour investor mood on richly valued Indian stocks
The global market capitalisation has seen the erosion of nearly $25 trillion so far in 2022, as several indices inch closer to bear market territory with investor sentiment hitting the lowest since the 2008 financial crisis.