Equity mutual fund inflows declined by over 6% to Rs 28,054 crore in December, even as investor interest in equities and gold remained intact amid heavy redemptions from debt schemes, data released by industry body AMFI showed on Friday.The moderation in equity inflows came from Rs 29,911 crore in November, though collections were still higher…
The steady exit of overseas funds has intensified the weakness in benchmark indices. (AI image) Stock market crash: Equity benchmark indices, Nifty50 and BSE Sensex, have plunged by over 2% in the last few trading sessions, with both indices seeing the fifth consecutive day of crash on Friday. Concerns over global trade tensions and political…
Asian markets climbed on Friday, as traders prepared for key US jobs figures and a potential Supreme Court decision on former President Donald Trump’s global tariffs.Japan’s Nikkei gained over 641 points or 1.26% to 51,758 around 9:45 AM IST. Kospi also traded in green, rising 28 points to reach 4,580. Shenzhen and Shanghai also managed…
Prada’s new perfume (Image/Instagram) Italian fashion giant Prada is back in the spotlight, this time with a playful twist on one of India’s most cherished rituals. After its Kolhapuri chappal controversy last year, the brand has launched ‘Infusion de Santal Chai Eau de Parfum’, a unisex “chai”-inspired fragrance with cardamom fusion.The perfume is part of…
The intraday setup favors a sell-on-rise approach in the ₹1,37,800–₹1,38,000 range. (AI image) Gold price prediction today: Gold price rally appears to be losing steam for now, says Jateen Trivedi, VP Research Analyst – Commodity and Currency, LKP Securities.Gold February futures on MCX are trading near ₹1,37,800 after a sharp pullback from higher levels. The…
Polymarket traders currently give Jesus Christ’s return before the end of 2026 a roughly three percent chance/ AI Illustration Christians have long awaited the Second Coming, a belief grounded in the Gospels themselves. Jesus speaks of his return, but he also issues a caution that has echoed through centuries of theology: “No one knows the…
Samsung Electronics’ quarterly profit more than tripled to a record high after global demand for AI servers sharply lifted memory chip prices. South Korea’s largest company reported a preliminary operating profit of $13.8 billion in the three months through Dec, up 208% and beating the average estimates that analysts projected. Bloomberg Source link
MUMBAI: Indian bank stocks outperformed the broader market in the Oct-Dec quarter, with valuations rising sharply after GST cuts ahead of the festive season lifted consumption and strengthened expectations of a pickup in credit growth. Data from S&P Global Market Intelligence show the combined market capitalisation of the top 20 listed banks rose to about…
MUMBAI: Markets regulator Sebi has sent a notice to Bank of America’s India arm over a 2024 matter when its investment banking team had shared privileged, confidential information about a share sale deal in Aditya Birla Sunlife AMC with other arms of the bank. Sharing of such information is in violation of Sebi’s rules. BofA…
NEW DELHI: Prime Minister Narendra Modi met 12 leading Indian AI startups on Thursday, where he called for promoting affordable and inclusive AI along with frugal innovation, while suggesting that a unique AI model should be presented to the world that reflected the spirit of ‘Made in India, Made for the World’. During the interaction…