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The US share market finished session higher on Tuesday, 19 April 2022, as investors chased for bargain hunting following recent selloff as well as earning optimism after better than expected first quarter earnings from Johnson & Johnson. At the close of trade, the Dow Jones Industrial Average index advanced 499.51 points, or 1.45%, to 34,911.20. The S&P500 index was up 70.52 points, or 1.61%, to […]

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L&T Infotech: The technology consulting and digital solutions company reported 4.1% rise in consolidated net profit to Rs 637.50 crore on 4% increase in revenue to Rs 4301.60 crore in Q4 March 2022 over Q3 December 2021. ACC: The cement majors consolidated net profit dropped 29.66% to Rs 396 crore on a 2.58% increase in net sales to Rs 4,322 crore in Q1 March 2022 […]

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SGX Nifty: Trading of Nifty 50 index futures on the Singapore stock exchange indicates that the Nifty could rise 88 points at the opening bell. The International Monetary Fund (IMF) has cut its growth forecast for India for FY23 by 80 basis points to 8.2%, warning that Russias invasion of Ukraine would hurt consumption and hence, growth, by way of higher prices. Global markets: Overseas, […]

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In the highly complex world of mutual fund flows, the one variable that is a clear indicator of retail participation is the folio growth. Folios are accounts and normally an investor in a mutual funds needs one unique folio number per AMC

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