News Overview

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.

Ola Electric's IPO was oversubscribed 4.27 times, owing to a strong response from qualified institutional purchasers and retail investors.

All sectoral indices ended in the green, with auto, capital goods, IT, power, realty, PSU Bank, and media sectors rising between 1-2%.