On Friday, the Nifty gapped down and closed 293 points lower after hitting a new all-time high, ending at 24,717.70, a 1.2% decline. The Bank Nifty also underperformed, closing 214 points lower at 51,350.15, or 0.41% down.
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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