Thus far in the current calendar year 2024, the stock has zoomed 165 per cent, as compared to 15 per cent rise in the BSE Sensex, data shows.
This open-ended index fund aims to capture the performance of high-momentum stocks within the Nifty 500 index
Budget with BS: The Fine Print: 'Atithi Devo Bhava' is good for tourism not for financial markets; there should be no differential treatment, said Nilesh Shah, managing director of Kotak Mutual Fund
Not more than 50 strikes would be introduced for an index derivatives contract at the time of contract launch.
Shares of the financial services firm, Motilal Oswal shot up by 4.93 per cent at 606.65 per share on the BSE in Friday''s intraday trade
The fund house said India has a huge manufacturing opportunity on the export front with sectors like chemicals, pharma, industrial machinery, and automotive likely to emerge as key drivers
The fund aims to maintain a well-balanced portfolio with 80% to 100% exposure in each of manufacturing stocks.
Motilal Oswal Mutual Fund on Tuesday divested its stake in online food delivery aggregator Zomato for Rs 646 crore through an open market transaction. According to the block deal data available on the National Stock Exchange (NSE), Motilal Oswal Mutual Fund (MF) sold more than 2.84 crore shares or 0.3 per cent stake in Gurugram-based Zomato. The shares were disposed of at an average price of Rs 226.85 apiece, taking the transaction value to Rs 645.84 crore. Axis Mutual Fund, BNP Paribas Arbitrage, Citigroup Global Markets Mauritius, Goldman Sachs, Matthews Asia, Morgan Stanley, Hong Kong-based Optimas Capital Management and investment management firm Polar Capital were among the buyers of Zomato's shares. Shares of Zomato plunged 4.71 per cent to close at Rs 218.35 apiece on the NSE.
The fastest 5,000-point rally for the Sensex was nearly three years ago (September 24, 2021) when the index hit an intraday high of 60,333 in a span of just 28 trading days
Order inflows expected to have declined in June quarter due to LS elections
This New Fund Offer has set a new benchmark with the highest-ever collection by an equity index fund.
Broking company stocks including Angel One, IIFL Securities, 5Paisa Capital, SMC Global, Motilal Oswal Financial Services and Geojit Financial Services fell in the range of 2-11 per cent
GSK Pharma's recent good showing is on expectations that launches in the specialty segment, increasing investments in promotions and branding
Overall, the jewelley sector has seen an approximately 8 per cent revenue CAGR during FY19-24, reaching Rs 6,40,000 crore in market value, with the organised segment growing at 18-19 per cent
The index fund will track the Nifty India Defence Index, which comprises 15 companies operational in the defence manufacturing and servicing industry
Over 1,400 candidates from across more than 115 colleges/ institutions participated in the recruitment drive
The likely tariff increase will help inject new life into a sector that has grappled with cut-throat competition and aggressive policy actions in recent years, said Niket Shah
Volume growth and cost efficiencies in the aluminium business saw Vedanta post operating profit (Ebitda) of nearly Rs 9,000 crore for the March 2024 quarter thanks to margin improvement
Sun Pharma, the brokerage said, is building an interesting specialty pipeline (under development) for addressing patient's needs in areas of dermatology, ophthalmology, and onco-dermatology