The mutual fund SIP stoppage ratio rose to 122.76% in February, up from 109.15% in January, as more investors discontinued SIPs than started new ones. SIP inflows dropped nearly 2% to Rs 25,999 crore, while total SIP AUM stood at Rs 12.37 lakh crore. Experts suggest the decline is seasonal and encourage investors to stay invested.
Mcap of nine of top-10 most valued firms surges by Rs 2.34 lakh crore; Reliance biggest gainer
Nine of the top-10 most valued firms together added Rs 2,34,565.53 crore in market valuation last week, with Reliance Industries emerging as the biggest gainer,