Passive funds gain traction among investors in India, market share witnesses growth: Study
Business | August 08, 2023 20:04 ISTA passive fund is an investment instrument that simulates the performance of a market index or a specific market segment.
A passive fund is an investment instrument that simulates the performance of a market index or a specific market segment.
Recently, transport and logistics firm North Eastern Carrying Corporation has announced rights issue of equity shares.
Sensex opened up at 353.34 points and currently trading at 65,071.90, an all-time high.
LIC advanced 1.62 per cent to settle at Rs 603.55 on the NSE. Its stock settled with a gain of 1.69 per cent at Rs 603.60 on the BSE.
Japan's benchmark Nikkei 225 gained 0.9 per cent in morning trading to 29,393.24 as companies like Nissan Motor Co. gained after reporting relatively favourable earnings.
The company's revenue from operation during the quarter under review stood at Rs 83 crore, the maker of finished and semi-finished forged crankshafts and forged components said in a regulatory filing.
The split announcement comes within a year of bonus issue. The company in July last year declared 1:2 bonus for its shareholders. It means that each shareholder were given 1 bonus share for every two shares held by them.
The textile sector is considered to be one of the critical sectors of the economy. It accounts for more than 2 per cent of India's total GDP. Based out of Gujarat, Axita is among the leading cotton ginning players.
8 out of 10 listed Adani Group firms saw an upward trend on BSE while, two remained in red zone.
Once the split comes into effect, the face value of each share of Apollo Micro Systems will reduce to Rs 1 each.
The shares of the small-cap SME stock zoomed 5 per cent to lock into the upper circuit of Rs 21.15 for the 5th straight session.
Here is a list of some of the upcoming IPOS (Initial Public Offering) in January 2023. The list sums up companies like Zaggle Prepaid Ocean Services Limited, Puranik Builders Limited and Indegene Limited.
Venus Pipes made its stock market debut in May 2022. At that time, its shares made a muted start but later zoomed more than 100 per cent to double the money of investors.
Tata Motors Share Price: The auto major had reported a net loss of Rs 4,416 crore in the July-September period of the last fiscal.
Benchmark indices rebounded in early trade on Thursday with the BSE Sensex climbing 567.86 points amid a recovery in global equity markets.
The 30-share BSE benchmark index climbed 498.77 points to 54,249.74 in early trade. The NSE Nifty advanced 149.7 points to 16,139.50.
The 30-share BSE benchmark index climbed 616.62 points or 1.16 per cent to settle at 53,750.97. During the day, it rallied 684.96 points or 1.28 per cent to 53,819.31. The NSE Nifty advanced 178.95 points or 1.13 per cent to 15,989.80.
The 30-share BSE Sensex gained momentum as the session progressed to close 326.84 points or 0.62 percent higher at 53,234.77. Similarly, the broader NSE Nifty rose 83.30 points or 0.53 percent to 15,835.35.
The BSE benchmark was trading with a gain of 159.56 points at 53,067.49 in early trade. The NSE Nifty also went higher by 45.4 points to 15,797.45. However, the indices failed to hold on to the gains and turned volatile in the morning trade.
The net outflow by foreign portfolio investors (FPIs) from equities reached Rs 2.13 lakh crore unitll now in 2022, data with depositories showed.
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