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The Union Gold ETF Fund of Fund - Direct Plan is an open-ended mutual fund scheme designed to provide investors with long-term capital appreciation by primarily investing in units of the Union Gold Exchange Traded Fund (ETF). This fund offers a conve
The Sensex and Nifty remained in negative territory on February 6, as investors adopted a cautious stance ahead of key corporate earnings and the Reserve Bank of India's (RBI) interest rate decision scheduled for February 7. Selling pressure from sto
The Indian rupee depreciated to an all-time low of 87.5525 against the US dollar, primarily due to a stronger dollar index and escalating crude oil prices, which have fueled the demand for dollars among oil marketing companies, according to currency
Chamunda Electricals's initial public offering (IPO) has received exceptional investor interest over the three-day period. The IPO witnessed remarkable growth in demand, with subscription rates progressing from 16.70 times on day one, to 46.09 times
In its latest report, domestic brokerage firm JM Financial reaffirmed its projection that food delivery giant Zomato Ltd. and financial services company Jio Financial Services (JFS) could secure a place in the Nifty 50 index during its upcoming rebal
Indian markets are in a state of heightened anticipation ahead of the upcoming RBI policy announcement, with widespread expectations of a rate cut. Some also foresee a reduction in the Cash Reserve Ratio (CRR). Additionally, many market participants
The Reserve Bank of India’s (RBI) Monetary Policy Committee (MPC) meeting commenced today, February 5, marking the first policy review under the leadership of the newly appointed Governor, Sanjay Malhotra. Additionally, this meeting follows the Uni
India’s newly appointed central bank governor is expected to implement an interest rate reduction during his first policy meeting, signaling a shift toward prioritizing economic growth amid rising global uncertainties. Sanjay Malhotra, who assum
Gold prices in India surged further today, February 6, 2025, marking the second consecutive day of gains. The price of 22K gold currently stands at ₹7,930 per gram, while 24K gold has climbed to ₹8,651 per gram. This marks the highest level seen
Solarium Green Energy Limited is launching its Initial Public Offering (IPO), presenting a book-built issue aggregating to ₹105.04 crore. The IPO consists entirely of a fresh issue of 55.00 lakh shares. Solarium Green Energy IPO opens for
Mahindra Manulife Value Fund - Direct Plan is an open-ended equity scheme introduced by Mahindra Manulife Mutual Fund. The fund's primary objective is to generate long-term capital appreciation by investing predominantly in equity and equity-related
Groww Nifty 200 ETF FOF is a fund of funds that will invest predominantly in units of Groww Nifty 200 ETF with Long-term capital appreciation and Exposure to Nifty 200 stocks. The investment objective of the Scheme is to generate long-term capital gr
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