Markets began the week with modest gains, continuing the prevailing positive trend. After opening with a gap up, the Nifty traded within a narrow range throughout the day and closed at 23,557.90, up by 0.40%. Sectoral performance was mixed, with gains in Realty, private banks, while pharma, metal,…
Indian equity indices continued the gain for the fourth trading session on Thursday. The Nifty opened at 23,464.95 up 66.05 points from Thursday’s close and made an intraday high of 23,490.40 but closed lower at 23,465.60 up 66.70 points or 0.29%. The S&P BSE Sensex ended 181.88 points,…
Motilal Oswal Nifty India Defence Index Fund NFO Details: Mutual Fund Motilal Oswal Mutual Fund Scheme Name Motilal Oswal Nifty India Defence Index Fund Objective of Scheme The investment objective of the scheme is to provide returns that, before expenses, correspond to the total returns of the securities…
Overview With as high as about seven percent contribution to the overall GDP, and 49 percent to the manufacturing GDP while generating direct and indirect employment opportunities for its masses, and believed to be the key reason for India being the third largest economy in the world. Besides,…
Indian equity indices continued the gain for the third trading session and closed on high levels on Thursday. The Nifty opened at 23,480.95 up 158 points from Wednesday’s close and made an all-time high of 23,481.05 but closed lower at 23,398.90 up 75.95 points or 0.33%. The S&P…
Overview The Indian Banking industry has been a key pillar of growth with an active GDP contribution of up to around 12%, but it has promoted financial inclusion through various initiatives targeted to bring the country’s underbanked population under the banking gamut. Counted among the most stable banking…
View on market: Volatility Prevails, Market is searching for better value Most benchmarks in Asia-Pacific were trading lower on Friday ahead of the outcome of the Bank of Japan's policy meet, scheduled to be published today. The Nikkei 225 was 121.52 points or 0.31% lower at 38,598.95, and…
Kotak Special Opportunities Fund Kotak Special Opportunities Fund is an open-ended equity scheme following special situations theme. Investment Objective: The investment objective of the scheme is to generate long term capital appreciation by investing predominantly in opportunities presented by Special Situations such as Company Specific Event/Developments, Corporate Restructuring, Government Policy…
Mutual Fund Baroda BNP Paribas Mutual Fund Scheme Name Baroda BNP Paribas Manufacturing Fund Objective of Scheme The investment objective is to generate long-term capital appreciation from a portfolio invested predominantly in equity and equity related securities of companies engaged in the Manufacturing. The Scheme does not guarantee/indicate…
Mutual Fund Aditya Birla Sun Life Mutual Fund Scheme Name Aditya Birla Sun Life Quant Fund Objective of Scheme The investment objective of the Scheme is to generate long term capital appreciation by investing in equity and equity related securities based on quant model theme . Scheme Type…