Tata Mutual Fund launches Nifty India Digital ETF
2 years, 9 months ago

Tata Mutual Fund launches Nifty India Digital ETF

Live Mint  

NEW DELHI: Tata Mutual Fund has launched Tata Nifty India Digital Exchange Traded Fund, an open-ended exchange-traded fund replicating/tracking Nifty India Digital Index. The performance of the scheme will be benchmarked against Nifty India Digital Index and the fund will be managed by Meeta Shetty. The Nifty India Digital Index aims to track the performance of portfolio of stocks that broadly represent the digital theme within basic industries like software, e-commerce, IT enabled services, industrial electronics and telecom services companies. As per NSE Indices, the largest 30 stocks from eligible basic industries are chosen based on their 6-month average free-float market capitalization as on the cutoff dates at the end of January and July.

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LIC MF Nifty Next 50 Index Fund performance review analysis for December
1 week, 4 days ago

LIC MF Nifty Next 50 Index Fund performance review analysis for December

Live Mint  

LIC MF Nifty Next 50 Index Fund Direct Growth performance review analysis for December: LIC MF Nifty Next 50 Index Fund Direct Growth, managed by the seasoned fund managers Sumit Bhatnagar, remains a prominent player in the Index Funds. LIC MF Nifty Next 50 Index Fund boasts an impressive AUM of ₹94.37 crore. Performance Analysis: Over the past week, LIC …

Axis Nifty 100 Index Fund performance review analysis for December
1 week, 4 days ago

Axis Nifty 100 Index Fund performance review analysis for December

Live Mint  

Axis Nifty 100 Index Fund Direct Growth performance review analysis for December: Axis Nifty 100 Index Fund Direct Growth, managed by the seasoned fund managers Ashish Naik,Karthik Kumar, remains a prominent player in the Index Funds. Axis Nifty 100 Index Fund boasts an impressive AUM of ₹1662.06 crore. Performance Analysis: Over the past week, Axis Nifty 100 Index Fund returned …

Sensex, Nifty open higher driven by rise in IT stocks; Tech Mahindra gains 2%
1 week, 5 days ago

Sensex, Nifty open higher driven by rise in IT stocks; Tech Mahindra gains 2%

India Today  

Benchmark stock market indices opened higher on Thursday driven by a rise in IT sector stocks. Dr. V K Vijayakumar, Chief Investment Strategist, Geojit Financial Services said that the range-bound consolidation construct of the market is set to continue. The top gaining stocks on Nifty50 were Adani Enterprises, which rose 1.91%, Adani Ports increasing 1.84%, Indusind Bank up 1.82%, Tech …

Nifty 50: The unstoppable India story
1 year, 3 months ago

Nifty 50: The unstoppable India story

Hindustan Times  

When the Nifty 50, India’s favourite stock market index pushed past the 20,000 mark on 11 September – it would close a few points below – it was more than a numerical record achieved by the flagship index of the capital markets. The National Stock Exchange itself was created in 1992, to democratise the country’s equity markets, taking screen-based trading …

Nifty 50 scales 20,000 mark backed by broad-based buying, slips lower end of day
1 year, 3 months ago

Nifty 50 scales 20,000 mark backed by broad-based buying, slips lower end of day

The Hindu  

Continuing the upward move witnessed in all trading days of the last week, the NSE Nifty 50 index on September 11 crossed a new milestone of 20,000 points during intraday trade owing to gains in Adani Port, Adani Enterprises and Axis Bank stocks. Commenting on the Nifty 50 testing the 20,000 mark, Suman Bannerjee, CIO, Hedonova, a U.S.-based hedge fund, …

NFO Alert: HDFC Mutual Fund launches NIFTY Smallcap 250 Index Fund; all you need to know
1 year, 8 months ago

NFO Alert: HDFC Mutual Fund launches NIFTY Smallcap 250 Index Fund; all you need to know

Live Mint  

HDFC Mutual Fund announced the launch of the HDFC NIFTY Smallcap 250 Index Fund, an open-ended index fund scheme replicating/tracking the NIFTY Smallcap 250 Index. The investment objective of the scheme is to generate returns that are commensurate with the performance of the NIFTY Smallcap 250 Index TRI, subject to tracking error. Under normal circumstances, the asset allocation of the …

HDFC MF launches sectoral exchange-traded funds Nifty IT and Nifty Private Bank
2 years, 1 month ago

HDFC MF launches sectoral exchange-traded funds Nifty IT and Nifty Private Bank

Live Mint  

HDFC Asset Management Co. Ltd has announced the launch of two exchange-traded funds – Nifty IT ETF and Nifty Private Bank ETF. The HDFC Nifty IT ETF seeks to benefit from structural tailwinds in tech spending including growth of cloud computing, while the HDFC Nifty Private Bank ETF offers exposure to private banks which have better fundamentals relative to sector …

How Nifty's dynamic with FIIs has changed
2 years, 3 months ago

How Nifty's dynamic with FIIs has changed

Live Mint  

Until recently, Indian equities saw brutal selling by foreign institutional investors amid the ongoing global economic concerns. However, for some time now, because of the heavy lifting by domestic institutional investors, the dynamics between the movement of the key Indian benchmark index Nifty and foreign fund flows has dramatically changed. View Full Image Breaking old patterns FII flows and Nifty50’s …

Nifty 50 ETFs’ AUM crosses ₹2 lakh crore
2 years, 7 months ago

Nifty 50 ETFs’ AUM crosses ₹2 lakh crore

Live Mint  

Assets under management of all the Exchange Traded Funds and Index Funds tracking Nifty 50 index in India crossed ₹2 lakh crore. Nifty 50 index-linked passive funds account for 40% share of ETFs' and Index Funds' AUM in India. Vikram Limaye, MD & CEO, NSE said, “This milestone achieved in the Indian passive funds industry is the culmination of efforts …

Sensex, Nifty drop as share market in volatile mode ahead LIC IPO's launch
2 years, 7 months ago

Sensex, Nifty drop as share market in volatile mode ahead LIC IPO's launch

India Today  

The share market gyrated in volatility in early morning trade on Wednesday ahead of the launch of India's biggest initial public offering, LIC IPO, and an expected rate hike by the US Federal Reserve as it seeks to tame surging inflation. The Sensex was trading at 56,950.79, down by 0.04 per cent or 25.20 points, Nifty fell 0.05 per cent …

Stock Market Today: Nifty Hits 17,000 for First Time, Fastest 1,000-point Gain Ever
3 years, 3 months ago

Stock Market Today: Nifty Hits 17,000 for First Time, Fastest 1,000-point Gain Ever

News 18  

The benchmark NSE Nifty50 hits fresh record high at 17,018, up 81.40 points, 0.48 per cent. The top Nifty sectoral gainers were Nifty Metal, Nifty PSU Bank, and Nifty Healthcare index, rising up to 1.24 per cent. In term of key economic data, pending home sales data for July was published, which fell 1.8% MoM as against consensus estimate of …

Sensex, Nifty gain ahead of GST Council meet; financial stocks rise
3 years, 6 months ago

Sensex, Nifty gain ahead of GST Council meet; financial stocks rise

India Today  

India's blue-chip Nifty 50 index hit a record high on Friday, as financials and materials stocks gained ahead of a key indirect tax related meeting by the country's finance minister later in the day. Finance Minister Nirmala Sitharaman will chair the GST Council meeting in the capital, where it is likely to discuss a reduction in the tax rate on …

Nifty rises to new closing high. Key levels to watch now
3 years, 6 months ago

Nifty rises to new closing high. Key levels to watch now

Live Mint  

Indian stock markets ended at record closing highs today, helped by gains in financials and information technology stocks. The blue-chip NSE Nifty 50 index was up 0.24% at 15,337, a new closing high, while the benchmark S&P BSE Sensex settled 0.19% higher at 51,115.22. The Nifty Bank Index rose 1.18%, supported by gains in Kotak Mahindra Bank Ltd, State Bank …

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