ICICI Prudential Nifty PSU Bank ETF aims to provide returns that correspond to the returns provided by NIFTY PSU Bank Index.
After the SVB failure, hopes have risen that Federal Reserve will show restraint in raising interest rates.
The IPO of Global Surfaces comprises fresh issuance of 85.20 lakh equity shares and an Offer For Sale of up to 25.5 lakh equity shares by promoters.
Analysts at IIFL Capital Services analyzed Cognizant’s (CTSH’s) recently published 10-K filing and found interesting observations.
The latest IIP number for January 2023 (IIP is announced with 1-month lag) came like a whiff of fresh air.
Folios are the best barometer of genuine retail spread of fund demand.
After six consecutive months of progressively higher month-on-month SIP flows, February 2023 saw systematic investment plan (SIP) flows taper marginally by 1.23% to Rs13,686 crore.
On Friday, 10th March 2023, the regulators shut down Silicon Valley Bank (SVB Financial) leading to almost a mini crisis in banking and financial stocks. The impact was felt even in India as the Bank Nifty took a hard knock.

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