After experiencing initial intraday volatility and a sharp decline, the markets recovered most of their losses to close slightly lower, driven by selective profit-taking despite positive sentiment in global equities. The Nifty showed considerable volatility throughout the day but ended almost flat. In the short term, the Nifty…
View on market: Volatility Prevails, Market is searching for better value Japan's benchmarks scaled fresh highs with the Nikkei 225 crossing historic 42,000 level, tracking sharp gains on tech stocks globally. The Nikkei 225 rose to a fresh high of 42,426.77, and the Topix hit a new high…
Indian benchmark indices reversed their gains from the previous session and closed lower with the Nifty finishing below 24,350. The Sensex concluded the day down by 426.87 points or 0.53 percent at 79,924.77, while the Nifty dropped 108.70 points or 0.44 percent to 24,324.50 at closing. Immediate support…
What is Kotak BSE PSU Index Fund? Kotak BSE PSU Index Fund is an open-ended scheme replicating/tracking BSE PSU Index. Investment Objective: The investment objective of the scheme is to provide returns that, before expenses, corresponding to the total returns of the securities as represented by the underlying index, subject…
View on market: Volatility Prevails, Market is searching for better value Asia-Pacific markets were trading on a mixed note in early trade, as investors assessed latest comments from the US Federal Reserve Chair Jerome Powell before the Senate Banking committee. The Nikkei 225 was trading flat at 41,578.76,…
Key benchmark indices ended at record high on July 9 led by buying across the sectors. The Sensex was up 391.26 points or 0.49 percent at 80,351.64, and the Nifty was up 112.70 points or 0.46 percent at 24,433.20. Both domestic and global factors continue to drive…
Mirae Asset Nifty200 Alpha 30 ETF Fund of Fund NFO ABOUT THE FUND: The investment objective of the scheme is to provide long-term capital appreciation from a portfolio investing in units of Mirae Asset Nifty200 Alpha 30 ETF. There is no assurance that the investment objective of the…
Edelweiss Business Cycle Fund NFO Scheme Details: (source: edelweissmf.com) Edelweiss Business Cycle Fund NFO Investment Philosophy : A factor-based approach to capture trends in business cycles. Factor investing approach is based on internal proprietary model mentioned in the SID (source: edelweissmf.com) Edelweiss Business Cycle Fund NFO The fund…
View on market: Volatility Prevails, Market is searching for better value The India’s benchmark stock indices closed little changed on the first day of the week due to a lack of any major triggers, even as market participants await first-quarter earnings to give direction to the market. Both…
Indian benchmark indices ended flat in the volatile session on July 8. At close, the Sensex was down 36.22 points or 0.05 percent at 79,960.38, and the Nifty was down 3.30 points or 0.01 percent at 24,320.50. The Nifty remained range-bound during the day, as market participants appeared…