MFs' deployment in up to 90-day CPs of NBFCs rises 21-month high in May: SEBI data
According to AMFI data, liquid funds in May received inflows worth Rs 45,234.22 crore.
Source: moneycontrol.com
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Mutual funds rejig portfolio, IT stocks gain and banks lose
In May, mutual Funds divested shares worth Rs 5,100 crore in Kotak Mahindra Bank and Rs 3,000 crore in HDFC Bank among others. Infosys, which has lost 15 percent this year, is the pick of the IT pack
Source: moneycontrol.com
In a 1st for an Indian stock, MRF crosses Rs 1 lakh mark
India Business News: Chennai-based tyre maker MRF on Tuesday passed a new Dalal Street milestone as it became the first stock to cross the Rs 1-lakh-price mark. Its shares
Source: indiatimes.com
Which Stocks Did Radhakishan Damani, India's Richest Investor, Bet On In Q1
In the January to March period, Radhakishan Damani's top holding by percentage was in Avenue Supermarts, where, as a promoter, he holds 67.51 percent. However, he has reduced his stake in Avenue Supermarts to 67.51 percent from 67.53 percent—the share price of which fell 16 percent during the three-month period
Source: forbesindia.com
SME IPOs 2023 so far: 33 of 49 stocks trading above offer price
In the year 2022, approximately 109 SME firms went public, collectively raising around Rs 1,875 crore through IPOs. By comparison, in 2021, 59 SME firms were listed, raising a total of Rs 746 crore.
Source: moneycontrol.com