Equity mutual funds record inflow of over Rs 41000 crore in Oct
The move also marks the 44th consecutive month of net inflow in the equity-oriented funds, highlighting the ever-increasing appeal of mutual funds among investors.
The move also marks the 44th consecutive month of net inflow in the equity-oriented funds, highlighting the ever-increasing appeal of mutual funds among investors.
India equity indices were trading flat following weak global cues from the US and Asian Markets.
Foreign Portfolio Investors (FPIs) have sold equity worth Rs 32,684 crore (till August 17) through the stock exchange while investing Rs 11,483 crore through the primary market and others category, industry data said on Saturday.
Telecom service provider Vodafone Idea, on Thursday, said that its board has approved issuance of about 166.8 crore equity shares worth Rs 2,458 crore on a preferential basis.
India Inc saw resilient private equity (PE) investments amid elections as the month of May witnessed 145 deals worth $6.7 billion, a report showed on Thursday.
Sensex closed 266.07 points higher at 38,823.11, while the Nifty advanced by 84 point to 11,582.90.
Rupee recovered and ended at 69.90 against the dollar, hours after it crossed the 70-per-dollar mark and touched a new all-time low of 70.08 per dollar
According to market observers, healthy buying in oil and gas, banking and metals stocks supported the indices' upward movement
Healthy buying activity was witnessed in IT, capital goods and healthcare stocks
Amid volatility, the key Indian equity indices provisionally closed in the red on Thursday.
