Equity fund flows tapered in November 2023, but the month was about AUM crossing Rs49 trillion for first time ever.
Religare Enterprises' stock has increased by more than 35.54% in the previous six months.
In conversation with IIFL, management of the IPO-bound company discusses about the company, its strengths and its future plans.
The BSE midcap index closed marginally lower, whereas the smallcap index fell by 0.5%.
The sale caused Five-Star Business Finance shares to drop by approximately 5.89%
Nifty 50 hits 21,005.05, and Sensex reaches 69,888.33, following the RBI's decision to maintain the repo rate at 6.5%
All sectors exhibit positive trends at the current hour, contributing to the overall market upswing.
IRB Infra's shares were trading 2.21% higher at Rs 39.40 on the NSE at 13:11 pm.
Inflation is expected to rise in November and December to around 6% on elevated food prices, and then projected to fall to 4%-5% range in the coming quarters; core inflation trending lower.
ITC's success is attributed to the favorable market dynamics, with increased atta prices and its packaged atta, Aashirvaad brand, being a major revenue contributor to the food business.

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