News Overview

The frontline indices cracked last week, despite heavy FPI inflows, which was quite surprising.

It was services surplus that again came to the rescue in the February trade story.

Nifty Next-50 has been a star performer in recent times and here is the February risk returns story.

The month of February 2024 saw the overall mutual fund AUM touch ₹54.54 Trillion mark for the first time.

It was a stellar week as FPIs infused $3.49 Billion into Indian equities on growth upgrades.

With higher consumer inflation, CME Fedwatch has toned down its dovishness.

The wee was marked by a sharp spike in US bond yields and higher crude oil prices.

This is a closed ended fund with a 90-day maturity to park funds with higher return potential.

Last week, start-ups raised $226 Million led by Perfios, Lohum, Nanonets, CureSkin, Blacksoil, DriveU, PocketFM.

In the Krystal integrated Services IPO, not less than 15% of equity shares have been set aside for NII, not more than 50% for QIB, and not less than 35% for retail investors.