SBI Automotive Opportunities Fund NFO Mutual Fund SBI Mutual Fund Scheme Name SBI Automotive Opportunities Fund Objective of Scheme The investment objective of the scheme is to generate long-term capital appreciation to unit holders from a portfolio that is invested in equity and equity related instruments of companies…
View on market: Volatility Prevails, Market is searching for better value Asia:Early on Friday, the immediate response to weaker US inflation statistics dissipated, and traders withdrew bets that the Federal Reserve would slash interest rates. This caused the Pacific markets to lose their gains. It would likely take…
Indian equity indices showed sharp swing on Thursday. Nifty opened at 22319.20, a gap down of 118.65 points from yesterday's close and made an intraday high of 22432.25 and closed at 22403.85 up 203.30 points or 0.92%. Heavy-weight stocks like HDFC Bank, Infosys, Bharti Airtel, Mahindra & Mahindra,…
View on market: Volatility Prevails, Market is searching for better value Benchmarks in the Asia-Pacific region increased due to a risk-on attitude following U.S. inflation statistics that gave investors confidence that the Federal Reserve would likely loosen monetary policy shortly. The U.S. Consumer Price Index decreased sequentially from…
Indian equity indices ended lower after the three-day consecutive upward rally. Nifty opened at 22255.60, a gap up of 37.75 points from Tuesday's close and made an intraday high of 22297.55 and closed at 22200.55 down 17.30 points or 0.08%. Heavy-weight stocks like Bharti Airtel, Coal India, Larsen…
View on market: Volatility Prevails, Market is searching for better value Early on Wednesday, the markets in the Asia-Pacific area increased, following the lead set by the US stock market's overnight surge. Additionally, traders are anxiously awaiting the release of the US CPI print for April later today,…
Indian equity indices continued to gain on third consecutive session. Nifty opened at 22112.90, a gap up of 8.85 points from Monday's close and made an intraday high of 22270.05 and closed at 22217.85 up 113.80 points or 0.51%. The gains were majorly due to increase in heavy-weight…
View on market: Volatility Prevails, Market is searching for better value Asia-Pacific share indexes began trading on a mixed tone on Tuesday morning as investors awaited the release of US PPI data and the speech of Federal Reserve Chair Jerome Powell. Investors will be watching the speech for…
Indian equity indices reversed from day low to end higher on Monday. Nifty opened at 22027.95, a gap down of 27.25 points from Friday's close and made an intraday high of 22131.65 and closed at 22104.05 up 48.85 points or 0.22%. The gains were majorly due to increase…
