News Overview

Following this development, Wipro hit a new 52-week high of Rs 529.

Baroda BNP Paribas Nifty 50 Index Fund is a passive fund replicating the performance of the Nifty index.

The contraction witnessed in capital goods output also came as a negative

Oil and gold ended higher for the week, but the real story was the strength in the Indian rupee.

Vandana Hari (independent oil consultant) expects the Oil markets to remain well supplied.

FPIs took out $110 million from Indian equities in the recent week, a sell figure after a long time.

The month of December 2023 saw the overall mutual fund AUM cross the Rs50 trillion mark for the first time.

Valuations are 30% above 10yr averages and broader markets, fully pricing in a rebound in demand.

A projected decline in Kharif production and uncertainties surrounding Rabi sowing raise supply-side concerns.

IIP growth was in double digits in 2 out of the last 3 months.