Introduction The mutual fund industry in India has been witnessing significant growth, with equity mutual funds showing a notable increase in inflows. As reported by the Association of Mutual Funds in India (AMFI), inflows into equity mutual funds rose 17% to ₹40,608 crore in June 2024, up from ₹34,697 crore in May 2024. This surge…
Introduction On July 9, the Indian stock market witnessed a historic day as both the Nifty 50 and Sensex indices reached fresh all-time highs. This remarkable surge was driven by mixed global cues and stellar performances from several automobile stocks, most notably Maruti Suzuki and Mahindra & Mahindra (M&M). This article delves into the key…
Introduction Servotech Power Systems share price today opened with an upside gap and touched an intraday high of ₹97.43 apiece within a few hours of the opening bell. This remarkable rise is a testament to the company’s robust performance and strategic initiatives in the EV charging solutions market. Over the past month, the shares of…
Stock Market Today: A Comprehensive Analysis Introduction The Indian stock market benchmarks, Sensex and Nifty 50, closed flat on Monday, July 8. Sensex ended at 79,960.38, down 36 points, or 0.05 percent, while the Nifty 50 closed at 24,320.55, down just 3 points. Amidst conflicting global cues, gains in the shares of industry heavyweights like…
Introduction Reliance Jio Infocomm, India’s telecom market leader, is making significant moves by raising mobile tariffs and monetising its 5G business. These strategic actions hint at the company’s potential preparation for an initial public offering (IPO) that could be the largest in India’s history. With a valuation of approximately $133 billion, Reliance Jio’s IPO is…
