The BSE Sensex ended at 57,919.97, up 684.64 points or 1.20% from the previous close. The Nifty gained 171.35 points or 1.01% to end the day at 17,185.70. Benchmark indices had surged as much as 2% earlier in the day.
NFO flows hit a 5-year low in June quarter, SIPs stay robust
New fund offer collections by asset management companies fell significantly. Funds raised through new fund offers reached a five-year low in June. This sharp decline