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The battle for market share between the National Stock Exchange (NSE) and BSE Ltd is set to intensify after the market regulator formalized the expected changes in weekly index expiry. Also Read | Mutual fund holding in NSE-listed firms surpasses direct retail for the first time Any stock exchange can launch a single weekly expiry…
Top News Debt mutual funds experienced a robust 20.5% surge in their assets under management (AUM) during the financial year 2024–25 (FY25), signaling renewed investor confidence in fixed-income instruments amid evolving macroeconomic conditions. According to data released by the Association of Mutual Funds in India (AMFI), the AUM of debt-oriented schemes expanded significantly, rising from…
Wall Street was lower on Friday though global equities were still poised for weekly gains, as upbeat earnings helped sustain the rally sparked by a U.S.-China trade truce. Oil prices remain relatively low, further supporting stocks and bonds. U.S. consumer sentiment slumped further in May as one-year inflation expectations surged as households remained concerned about…
Alphabet Inc. shareholders have fretted over long-term risks posed by artificial intelligence to the company’s money-printing search business for over an year. This week the threat became much more immediate. Alphabet shares ended the week down nearly 7%, while the Nasdaq 100 fell just 0.2%. The drop erased $138 billion in market value. Court testimony…
The Pakistan stock market plunged over nine per cent in four days of bear hammering as the escalation in India-Pakistan spooked investors across the border. The benchmark KSE-30 Index fell 3% on provisional basis to its the lowest since Dec. 19, after dropping as much as 6.1% at one point. India’s NSE Nifty 50 Index…
Oil prices settled nearly 2% higher on Friday and notched their first weekly gains since mid-April as a U.S. trade deal with the United Kingdom turned investors optimistic ahead of talks between top officials from Washington and Beijing. Brent crude futures rose $1.07, or 1.7%, to settle at $63.91 a barrel, while U.S. West Texas…
Stock Market today: RailTel share price gained up to 4% in the morning trades. this translated into more than 10% gains for the RailTel share price in the past two days; Do you own the railway stock? The gains for RailTel share price are Being helped by good Q4 performance and recent announcement on order…
Harsh Goenka has shared a powerful message on democracy, flagging the situation in the US under the administration of President Donald Trump. Sharing a video of a meeting of the Trump cabinet, Goenka pointed to the way Trump’s cabinet ministers were admiring the president. In a strong message on politics, Harsh Goenka said that such…
The board of Paras Defence and Space Technologies on Wednesday announced a stock split in the ratio of 1:2, while announcing its results for the fourth quarter of FY25. The company has also announced an interim dividend for its shareholders. The company made the announcement via a regulatory filing after the marketsclosed. Paras Defence and…
(Bloomberg) — Ethiopia raised 3.2 billion birr ($24 million) after selling 10% of the shares on offer in its maiden initial public offering that was open for more than four months. The nation sold 10.7 million shares in state-run Ethio Telecom for 300 birr each, the company said in a statement Friday. Ethiopia Investment Holdings,…