MF industry should declare net SIP flows
Monthly SIP figures presented by the mutual fund industry only show inflows, not investor commitment. Publishing net SIP flows, accounting for outflows, would provide a clearer picture of money mobilization and trends. While industry bodies raise concerns about comparing current inflows with past redemptions, transparency is crucial for investor trust.
Indira Ivf and 7 others get nod for IPOs
Sebi has approved IPOs for eight companies, including Indira IVF and Chartered Speed. Chartered Speed plans a ₹855 crore issue, while RKCPL aims for ₹1,250 crore. Several companies, like Indira IVF and Rays of Belief, utilized confidential filings for their IPOs.
Indices end lower despite Asian rally; Nifty@26,800 still in play: Analysts
Indian benchmark indices hit fresh highs on Monday but failed to sustain gains, closing lower. The NSE Nifty ended down 0.3% and the BSE Sensex declined 0.4%, despite upbeat Asian markets. Profit-taking at higher levels and a decline in HDFC Bank contributed to the fall.
Monthly SIP inflows double in three years as equity valuations stay elevated
Indian savers are increasingly favoring Systematic Investment Plans (SIPs), with average monthly gross inflows more than doubling to ₹28,202 crore in FY26. This surge, driven by robust equity fund returns and a preference for disciplined investing over lump sums, has ballooned SIP assets under management significantly.
IT stocks can’t trump fear, traders build bearish bets
Traders built fresh bearish derivative positions in IT stocks as caution ahead of Q3 results and recent downgrades weighed on sentiment. The NSE IT index fell 1.4%, with most stocks declining. Analysts remain cautious due to seasonal softness, geopolitical uncertainty, and concerns over potential US tariffs, recommending reduced exposure for the near term.