Domestic funds stay put in equities with sustained inflow in August

September 5, 2024

The 12-month cumulative rolling investment by domestic mutual funds reached a record high of Rs 3.3 lakh crore ($39 billion) in August, according to SEBI data, driven by new opportunities in the primary market including IPOs and qualified institutional placements.

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Jio IPO: Akash, Isha and Anant Ambani to lead IPO process, says Mukesh Ambani

Reliance Industries Chairman Mukesh Ambani announced that the board has approved the draft prospectus for the much-awaited IPO of Jio Platforms, with Akash Ambani, Isha

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AI fear over IT overdone, but near-term pain likely to persist: Seshadri Sen

Indian IT services face persistent pressure due to AI disruption fears, with market expert Seshadri Sen advising tactical caution despite attractive long-term valuations. While inflation

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