Quant Teck Fund, an open-ended equity strategy, was recently launched by Quant Mutual Fund. The scheme’s new fund offer (NFO), which started for subscription on September 22, 2023, will close today, September 5. The scheme’s principal investment goal is to achieve consistent returns by investing in stock and equity-related securities of technology-centric companies. However, there…
The Nifty MidCap 100 index rose in 13 of 15 sessions, while the Nifty SmallCap index rose in 12 of 15 days. The indices increased by 6% and 8.4% throughout this period, respectively, and have increased by 27% and 30% this year. Despite analyst fears, the bull run in mid-cap and small-cap stocks appears to…
Today’s Gold Rate in India: On September 4, the going rate for 10 grams of gold is approximately Rs 60,000 in all major Indian cities. For a more detailed comparison, 10 grams of 22-carat gold are priced at Rs 55,300, compared to 60,320 rupees for 10 grams of 24-carat gold. Rs 76,900 is the cost…
Dow Jones technical analysis – It is becoming more and more obvious that the market is interpreting the weaker labor market statistics favorably for inflation and the soft landing scenario. In reality, leading up to the NFP report last week, we experienced a number of significant misses, but the US Jobless Claims data revealed that…
Retail investors choose equities plans first, then debt funds, and finally money market plans when it comes to mutual fund investment. Exchange traded funds (ETFs) and fund of funds receive the least contribution from regular investors. Institutional investors, on the other hand, have the exact opposite allocation pattern. Consider this: Retail investors account for 89…
As China and US interest rates rise, Prior to important readings on U.S. services, Chinese trade, and inflation later in the week, a holiday in the United States made for a sluggish start. The Federal Reserve stopped hiking U.S. interest rates on Monday, and markets bet Beijing’s gradual easing of policy support would be sufficient…
The significant activity in Delta Corp. occurred shortly after the board of Nazara Technologies authorized the issuance of shares to the founders of Zerodha, Nikhil and Nithin Kamath, in an amount totaling Rs. 100 crore. The agreement was reached two months after the GST Council announced its intention to charge casinos a 28 percent Goods…
Shri Venkatesh Refineries, RailTel, India Pesticides, and Super Fine Knitters have had their price bands reduced by 10%. The BSE has increased the price band for Jio Financial Services from 5% to 20%, along with that for nine other equities. On September 1, the price bands for the ten stocks were revised. Shri Venkatesh Refineries,…
CURRENCY PRICE CHANGE %CHANGE OPEN PREV.CLOSE DAY’s LOW-HIGH USD/INR 82.71 -0.080002 -0.096632 82.57 82.79 82.57- 82.765 EUR/USD 1.0773 -0.007 -0.645586 1.0844 1.0843 1.0772- 1.0882 GBP/INR 104.8651 -0.160103 -0.152442 104.6028 105.0252 104.518- 104.9406 EUR/INR 89.7517 -0.2743 -0.304689 89.5486 90.026 89.5352- 89.836 USD/JPY 146.193 0.653 0.448674 145.54 145.54 144.446- 146.294 GBP/USD 1.2586 -0.0087 -0.6865 1.2673 1.2673 1.2578- 1.2713 DXY Index 103.595 -0.024002 -0.023164…
Several factors influence gold rates in India, including worldwide market swings, the strength of the USD, import costs, interest rates on bank fixed deposits, economic stability, seasonal prices, inflation, and demand-supply, among others. City Name 1 Gram 8 Grams 1 Gram Agra ₹ 5,620 ₹ 44,960 ₹ 5,901 ₹ 47,208 Ahmadabad ₹ 5,629 ₹ 45,032…
