Pick of Portfolio - The Hindu BusinessLine
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Source: thehindubusinessline.com
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Canara Bank may join Team Nifty Bank, inflows of $73 million expected
Shares of Canara Bank, which gained 23% in the last two weeks, will remain in focus this month as the board of directors of the state-owned lender will meet on February 26 to consider a stock split.
Source: indiatimes.com
Nykaa, HDFC AMC among 5 stocks that could see up to $94 million outflows. Here's why
HDFC AMC ($24 million), Page Industries ($27 million), ACC ($19 million) and Indus Towers ($14 million) will see outflows from passive funds as a result of the reshuffle.
Source: indiatimes.com
Craze for index funds distorting market dynamics; passive investing no free lunch: Dhirendra Kumar
Dhirendra Kumar, Chief Executive Officer, Value Research says massive inflows into index funds were creating a kind of self-fulfilling prophecy where the inflows are driving the indexes higher, which in turn is attracting more inflows.
Source: moneycontrol.com