Strong inflows from foreign portfolio investors (FPIs) and encouraging valuations are underpinning the deal momentum
The Asia pack (excluding China), as a whole, saw the biggest foreign inflows in nearly two years at $15.7 billion
The rally was underpinned by strong inflows from foreign portfolio investors (FPIs)
In August, gold ETFs logged outflows of Rs 38 crore, extending their two-month outflows to nearly Rs 500 crore
The latest bout of outflows come amid a sharp surge in the equity markets
Investors are likely to continue to invest in gold ETFs as a means to diversify their portfolio and hold gold ETFs as a hedge against market risks
But the quantum of inflows, at Rs 203 crore, was much lower than the Rs 1,100 crore seen in April
Regulatory changes and curbs on intraday leverage hurt volumes and push change to the derivative options segment.
The sell-off in May is also the second-highest monthly outflows recorded in the domestic market since 1993
India's market ranking has once again slipped to seventh position as a variety of crises bother investors
Investment bankers say successful execution of large block trades is a healthy sign and could pave the way for large initial public offerings (IPOs) and additional fund-raising by listed companies
As per NSE information, the two tranches of 16 million shares each got executed at around Rs 1,021 apiece
At the end of June 2021 quarter, Bofa Securities held a 1.03 per cent stake in Zee
May saw gross redemptions of Rs 105 crore, compared to less than Rs 6 crore in the preceding month
So far, this financial year (from April 1 to date), silver has gained 63 per cent
The performance of banking stocks is likely to weigh on the markets
The group is reportedly looking to sell stake in Eureka Forbes to shore up liquidity.
At the start of the year, YES Bank was ranked 7th
Market players say there was some anticipation of change in management
NSE's IPO is pegged to be around Rs 10,000 crore and will value the country's largest exchange at Rs 40,000 crore