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Mahindra Manulife Value Fund - Direct Plan is an open-ended equity scheme introduced by Mahindra Manulife Mutual Fund. The fund's primary objective is to generate long-term capital appreciation by investing predominantly in equity and equity-related
Groww Nifty 200 ETF FOF is a fund of funds that will invest predominantly in units of Groww Nifty 200 ETF with Long-term capital appreciation and Exposure to Nifty 200 stocks. The investment objective of the Scheme is to generate long-term capital gr
The Indian rupee extended its losses, hitting a fresh low in afternoon trade on February 5, depreciating to 87.3763 against the US dollar. The decline comes amid weakening Asian equities, reflecting a broader risk-averse sentiment in the global finan
The State Bank of India (SBI) is planning to raise approximately ₹5,000 crore ($573.38 million) through Basel III-compliant additional Tier-I perpetual bonds before the end of February, according to three sources familiar with the matter. As per
The board of Info Edge, a company specializing in online classifieds and recruitment, has approved a stock split in a 1:5 ratio, as disclosed in an exchange filing on February 5. Following the announcement, Info Edge's share price saw an uptick of
Global asset managers have continued their record-breaking sell-off of Indian equities, driven by concerns over a worsening earnings slowdown and a broader shift away from emerging markets. According to Bloomberg data, foreign investors have offlo
A recent report by the National Stock Exchange (NSE) reveals that one in five Indian households is now connected to the stock markets. This shift comes as the total market capitalization of Indian companies has surged sixfold over the past decade.
Shares of Mahanagar Telephone Nigam Ltd. (MTNL) surged 20 to reach the upper circuit limit of ₹57.21 during morning trade on Wednesday, February 5. This sharp rise was driven by optimism surrounding its asset monetization strategy for FY26, follow
Amidst heightened volatility in Indian equities, with benchmark indices declining nearly 9 from their peak levels, the market could witness an influx of shares worth approximately ₹70,500 crore in February. This is due to the expiration of the loc
Brokers have been gearing up for the introduction of SEBI’s new algorithmic trading (algo trading) regulations, which aim to facilitate retail investors interested in algorithmic trading. However, before making significant investments in what could
Gold prices in India saw a sharp rise today, February 5, 2025, continuing the upward trend from yesterday. Currently, 22K gold is priced at ₹7,905 per gram, while 24K gold has surged to ₹8,624 per gram, breaching the ₹8,600 mark for the first t
On February 5, 2025, ITC Hotels Ltd. was removed from the 30-stock BSE Sensex, along with 22 other BSE indices, before the start of the trading session. According to a statement from Asia's oldest stock exchange, "As ITC Hotels did not reach the l
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