Kotak Mutual Fund temporarily suspends subscriptions in its 4 international funds

Kotak Mutual Fund has temporarily restricted subscriptions in four international funds, allowing investments up to Rs 1 lakh per PAN per month. The move reflects ongoing limits on overseas investments. Existing SIPs will continue, while fresh inflows are capped. The funds have delivered strong returns over the past year.

Rupee hits record low of 95.33/$ as oil crosses $125/barrel

The Indian rupee plunged to a record low of 94.90 against the dollar on Thursday, hitting an intraday nadir of 95.33. Intervention by the Reserve Bank of India helped pare losses, as the central bank aims to keep the currency above the crucial 95/$ mark.

PSU banks under pressure, more consolidation likely before fresh rally: Ajit Nayak

Indian benchmark indices are in a cautious phase, with technical signals gaining prominence. Market expert Ajit Nayak suggests a potential upside despite near-term uncertainty, citing a ‘liquidity sweep’ pattern. He advises watching key levels for Nifty and India VIX, recommending a hedged approach with specific stock picks.

GIFT Nifty rises 200 points, hints at a positive start for Dalal Street next week

Indian stocks might open higher next week. GIFT Nifty showed a strong rise Friday morning. Investors are watching oil prices and global events. The market faced a sharp selloff recently. Foreign investors have been selling shares. Geojit Investments notes global sentiment has worsened due to US-Iran tensions. Sunny Agrawal highlights key economic data to track.

7 smallcap mutual funds deliver over 25% CAGR in 3 years. Should you pick one?

Seven small cap mutual funds have delivered over 25% CAGR in the past three years, led by Bandhan Small Cap Fund. Data from Value Research shows strong performance across active and index funds. Investors may consider returns alongside risk, volatility, and investment horizon before selecting a suitable small cap scheme.

Oil Price Today (May 1): Crude oil holds above $110/barrel. What lies ahead?

Oil prices stay above $110 a barrel as the Middle East conflict enters its second month. The Strait of Hormuz remains blocked, impacting global supply. Peace talks are stalled, with expectations of a swift agreement fading. Fresh attacks and potential US military strikes are pushing prices higher. Analysts warn of further price increases if the […]