The steep rally in stocks on Wall Street is raising investor concerns about the formation of a bubble, which could lead to a significant correction. Optimism about the prospects of artificial intelligence has boosted the valuations of several tech heavyweights, including Nvidia, Microsoft and most recently Oracle. This has pushed the benchmark S&P 500, Nasdaq […]
SBI Life Insurance, Aditya Birla MF, Morgan Stanley, Goldman Sachs and other entities have cumulatively acquired more than 7.31 CRORE shares, which represents an interest of 6 percent, in Aditya Birla Lifestyle brands of Flipkart Investments. Singapore headquarters Amansa Capital, Nippon India Mutual Fund (MF), Icici Prudential MF, UTI MF, Icici Prudential Life Insurance, Ghisallo […]
Jinkushal Industries Ltd (JKIPL) said on Wednesday that the RS 35 crore from Anker investors collected, prior to the first opening of the stock sales for the public subscription. Nomura Singapore, HDFC Bank, Viney Growth Fund, Steptrade Revolution Fund, Santosh Industries and Swyom India Alpha Fund are the anchor investors, who have been allocated shares, […]
To promote transparency in the ecosystem of the Alternative Investment Fund (AIF), Sebi suggested Friday that AIFs regularly have to update the net asset value (NAVs) of their units in the storage system. In his concept circular, Sebi “proposed to use the storage infrastructure, so that AIFs can be needed to maintain additional NAV from […]
Morgan Stanley and Nippon India Mutual Fund (MF) are one of the investors who have purchased approximately 63 Lakh shares worth RS 438 CRORE from Healthcare Global Enterprises (HCG) from Private Equity company CVC Capital Partners, according to the NSE -Data. Motilal Oswal MF and Plutus Wealth Management are the other two entities that have […]
The ambition of India to create a world-class financial hub takes shape in Gift City (Gujarat International Finance TEC-City), and Alchemy Capital Management is paramount in this transformation. Speaking on the sidelines of the Gift City Fund Conclave 2025, organized by PMSbazaar, Hiren VED, co-founder, director and CIO of Alchemy Capital Management and partner at […]
Norway-based Norges Bank bought more than 14.62 Lakh shares worth RS 158 Crore in clean science and technology on Thursday. Nippon India Mutual Fund, SBI Mutual Fund and Bajaj Allianz Life Insurance Company were also buyers in the bulk deals where Promoters Asha Ashok Boob and Ashok Ramnarayan BOOB collected more than 1.9 crore shares. […]
Kotak Mahindra MF, Fidelity, Morgan Stanley and Citigroup Global Markets Mauritius belong to those entities that have jointly purchased a 10.64 percent importance in Home First Finance Company for RS 1,307 Crore via Open Market Transactions on Monday. According to the Block Deal data available on the NSE, Kotak Mahindra Mutual Fund (MF) bought 50 […]
Assiva Management Company OppenheimerFunds sold shares from the private sector money lender Kotak Mahindra Bank for RS 2.035 Crore through an open market transaction. US-Founded Oppenheimerfunds is part of the global investment firm Invesco. According to the Bulk deal data about the NSE, Oppenheimerfunds via his partner-Oppenheimer Funds Inc a/C Oppenheimer Developing Market Markets Fund-sold […]
The net profit of DLF and GIC Joint Venture DCCDL rose by 26 percent to RS 593 Crore during the quarter of June after higher income from rent -producing commercial properties. The net profit of DLF Cyber City Developers LTD (DCCDL) was on RS 470 Crore in the period of a year ago. The total […]