Top stocks that India’s MF houses entered & exited in February. Do you own any?
Nuvama in its recent Mutual Fund Insights report mentioned what India’s major MF houses entered and exited in February 2024
Hot Stocks: Brokerage view on ITC, Godrej Consumer, Jubilant FoodWorks and Bajaj Finance
Brokerage firm CLSA has a buy rating on ITC, Nomura recommended a buy call on Bajaj Finance, CLSA maintained a sell rating on Jubilant FoodWorks and Macquarie has a neutral rating on Godrej Consumer.
F&O stocks to buy today: HDFC Bank, Infosys among top 9 trading ideas
The Nifty50 closed flat on Tuesday with a positive bias. The volatility index India VIX has dipped by nearly 2% to close at 13.64 after trading in a narrow range of 14.19-13.57 on Tuesday.
India allows RBI to import gold without paying import levies
As of September 2023, the Reserve Bank of India held 800.79 metric tonnes of gold, including gold deposits of 39.89 tonnes.
Gold subdued as sticky US inflation prompts rate-cut rethink
Spot gold edged 0.1% up to $2,158.26 per ounce, as of 0151 GMT. U.S. gold futures fell 0.1% to $2,163.50.
India’s retail inflation almost unchanged in Feb; here’s what experts say
India’s retail inflation eased to 5.09% in February, remaining above the ideal 4% scenario. The RBI has maintained the repo rate for the sixth straight occasion in its fight against inflation. Maharashtra and Uttar Pradesh have the largest weighted contribution to the current reading of CPI.
Sebi may offer FPIs relief on stricter disclosures
The board may also discuss another proposal to allow alternative investment funds (AIFs) to pledge their shares in infrastructure sector investee companies in a bid to allow these investment vehicles to engage in leverage.
Sebi re-examines settlement guarantee fund after a decade
Besides reviewing the fund size, the regulator is exploring a possible change in the methodology used to compute the fund requirement. The subject was discussed at the last meeting of the risk management review committee of the Securities and Exchange Board of India (Sebi), a person familiar with the proposal told ET.
BAT to sell 3.5% stake in ITC via block deal
ITC’s largest shareholder BAT Plc on Tuesday said in a statement that its wholly-owned subsidiary Tobacco Manufacturers (India) Ltd will sell around 3.5% stake in ITC Ltd to institutional investors by way of a block deal and has launched the process.
ICICI Pru MF also stops lump sum flows into mid & small-cap schemes
Earlier, Nippon, Tata and SBI MFs put restrictions on lump sum investments in their small-cap schemes, as high valuations and strong flows make it challenging for fund managers to deploy money. But ICICI will be the first fund house to restrict lump sum investments in a mid-cap fund.