NSE study shows retail investors are dominating India’s stock market since the first Covid-19 lockdown and investing more and more money in diversified portfolios.
Indian bonds are already heading for the biggest monthly gain since April, and may get a further boost if the govt decides to cut back borrowing for the second half of the fiscal year.
Shares of six Adani Group companies crashed Monday wiping out more than $6 billion of the companies’ market capitalisation and bringing down Gautam Adani’s net worth.
The Nippon India Small Cap Fund managed by Samir Rachh has returned 28 per cent so far this year, the top performance among funds that manage at least Rs 3,673 crore, data show.
IndusInd Bank was the top loser in the Sensex pack, tanking around 8 per cent, followed by SBI, Bajaj Finance, Bajaj Auto. Infosys was the sole gainer.
After touching a low of 48,580.80, the 30-share BSE index was trading 1,254.49 points or 2.51 per cent lower at 48,775.34, while NSE Nifty sank 349.40 points or 2.35 per cent to 14,517.95.
According to government reply in Lok Sabha, the pilot phase of PMIS is being used to test concepts, strategies and systems before a full-scale implementation of the scheme.
Order for 87 MALE drones will be split between 2 Indian firms in 64:36 ratio to ensure there are 2 independent manufacturing lines with at least 60% indigenous components.
The India-South Africa series-defining fact is the catastrophic decline of Indian red ball cricket where a visiting team can mock us with the 'grovel' word.
COMMENTS