The investment objective of the scheme is to provide returns that, closely correspond to the total returns of the securities as represented by the underlying index, subject to tracking error. However there is no guarantee or assurance that the investment objective of the scheme will be achieved. (source:…
View on market: Volatility Prevails, Market is searching for better value Asian stock markets saw gains as China introduced new measures to boost consumer spending. Japan, Australia, and South Korea recorded positive movement, while Hong Kong futures pointed to a strong opening. Investors responded positively to China’s efforts…
View on market: Volatility Prevails, Market is searching for better value Stock markets in the Asia Pacific region rose on Thursday after a softer US inflation report helped Wall Street recover from two days of losses. South Korea’s market gained, while Australia’s index initially rose but later lost…
NSE has introduced a new sectoral index, the Nifty Chemicals Index, aimed at tracking the performance of companies within the chemicals sector. This index focuses on the top 20 stocks from the Nifty 500 that belong to the chemicals industry, selected based on their six-month average free-float market…
Nido Home Finance Limited, formerly known as Edelweiss Housing Finance Limited, was incorporated on May 30, 2008, in Mumbai as a public limited company under the Companies Act, 1956. The company is a non-deposit-taking housing finance provider specializing in secured loan products tailored to meet the needs of…
View on market: Volatility Prevails, Market is searching for better value Stock markets in the Asia Pacific region traded within a tight range on Wednesday, showing mixed performances across major indices. Investor sentiment improved after the U.S. president downplayed recession fears, helping U.S. markets stage a late recovery…
Why invest in this fund now? The rate cutting cycle has begun The next cut is expected in April 2025 MPC meeting We expect at least 50bps cut in the repo rate, with the first rate cut in April 2025 and second rate cut by Oct 2025 However,…
IndusInd Bank Faces Setback: “Financial Discrepancies and Leadership Changes” IndusInd Bank is currently facing significant challenges affecting its financial stability and leadership. Financial Discrepancies: The bank has identified discrepancies in its derivative accounts during an internal review, leading to an expected 2.35% reduction in its net worth as…
State Bank of India (SBI), a Fortune 500 company, is a leading Indian multinational public sector banking and financial services institution headquartered in Mumbai. With a legacy spanning over 200 years, SBI is the most trusted bank in India, serving over 500 million customers. The bank boasts an…
View on market: Volatility Prevails, Market is searching for better value Stocks in the Asia-Pacific region extended their losses for the third consecutive session on Tuesday, tracking a sharp sell-off in US markets. Concerns over tariffs and government policies affecting economic growth in the US added to investor…