In the 12-pack Nifty PSU Bank index, 11 stocks rose, barring Union Bank. The weekly gains for the index stood at 5.55%, according to Trendlyne data, the highest among the sectoral indices. The year-to-date (YTD) gains of the index are above 61%.
Initial public offerings worth USD 20 billion per annum are the “new normal” for India and will become an annualised run rate over the next
India’s mutual fund AUM is projected to surpass Rs 300 lakh crore by 2035, with direct equity holdings expected to reach Rs 250 lakh crore
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