Mutual fund (MF) houses are hard at work introducing new plans in an effort to capitalize on the expanding market. This month, at least six MF houses will close their new fund offerings introduced new fund offerings (NFOs). introduced new fund offerings (NFOs) for Navi S&P BSE Sensex Index Fund, Shriram Multi Asset Allocation Fund,…
After statistics on weekly unemployment and inflation, US stocks concluded the day with a mixed bag. In order to gain insight into the Fed’s stance for monetary policy, investors are eagerly anticipating the employment numbers that are coming on Friday – Global market update. In order to reach 4,507.66, the S&P 500 dropped 7.21 points,…
Thermax has a buy rating and a target price of Rs. 3235 according to Sharekhan s research report from August 31, 2023, which is optimistic on the company. Analysis of Thermax by Sharekhan In the FY23 annual report, it is stressed that by diversifying its product line and broadening the breadth of its services and…
The Royal Enfield Bullet 350, with a basic model price of Rs 1.73 lakh, was also introduced, according to a regulatory filing by the business- Eicher Motors increase. Manufacturing of commercial vehicles, including trucks, buses, and motorbikes, is a business activity for Eicher Motors Limited. The company revealed that it sold 6,476 automobiles in the…
Live Stock Market Updates: Benchmark equity indices increased on Friday as mixed global cues led investors to appear cautious. Investor mood improved as a result of the economy’s 7.8% growth in the three months ending in June, the highest level in the previous four quarters. Both the Sensex and the Nifty had a majority of…
PGIM India Mutual Fund proposed scheme mergers would modify several of its core characteristics. As a result, the fund house has given investors an exit option (without an exit load) in conformity with mutual fund laws. PGIM India Mutual Fund has announced the merging of five debt funds.. The PGIM India Short Duration Fund (PSDF)…
BSE’s derivative market share 3.4 percent of the market for stock futures was held by BSE in August (up from 0 percent in April). BSE has seen early success in the much larger equity derivatives market, which is currently dominated by NSE. Its market share is anticipated to reach around 10% in Q4 FY24, driven…
The Open Network for Digital Commerce (ONDC) is an initiative of the Ministry of Commerce and Industry to create a facilitation model to help small retailers take advantage of digital commerce. ONDC, a government initiative, offers a huge platform for growth in four key sectors, including financial services, agriculture, manufacturing and e-commerce, a Deloitte report…
Bosch CEO announced in April that it intended to acquire significant portions of TSI Semiconductor’s Roseville, California chip manufacturing facility and invest $1.5 billion to upgrade the location to produce silicon carbide chips, which can extend the driving range of electric vehicles. Beginning in 2026, production will begin at the new business, Robert Bosch Semiconductor…
The share reached a 52-week high of Rs 1,804.70 on August 17, 2023, and a 52-week low of Rs 1,115.15 on October 28, 2022, respectively.-Ajanta Pharma Ajanta Pharma shares experienced a 1 percent increase to Rs 1,748.90 in the early trade on August 31 following the USFDA approval of its Topiramate extended release capsules. The…
