News Overview

Banks in both the public and private sectors have increased their MCLR rates in response to the increased cost of deposits.

Cold rolled coil (CRC) prices peaked in April 2022 at ₹86,300 a tonne; now, they are trading at ₹58,200 per tonne.

In the U.S., the S&P 500 ended higher on Friday, making up for earlier losses in the week that were triggered by recession fears and the unwinding of yen-funded carry trades.

Here are some of the stocks that may see significant price movement today: Adani Enterprises, Siemens, Aurobindo Pharma, etc.

Mutual fund AUM edges closer to the ₹65 Trillion mark as of the end of July 2024

The 31% yoy growth in mutual fund folios in July 2024 shows that SIPs and NFOs are doing a wonderful job

The record SIP flows in July 2024 takes the average monthly SIP flows in FY25 to ₹21,467 Crore

Passive funds continue to see good traction, and this time around it is the good old equity index products

Grasim Industries, part of the Aditya Birla Group, reported a standalone net loss of ₹52.12 crore for Q1 FY24-25, despite an 11% revenue rise.

Japanese market's plunge sparks global downturn. Key lessons: diversify, avoid panic, review portfolios, understand global impacts, seek advice.