Equity mutual funds recorded a net addition of 19.53 lakh folios in August, taking the total to 17.32 crore. Mid cap, flexi cap, small cap, and sectoral funds led the gains, despite only four new fund launches during the month.
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Markets posted modest weekly gains with 64% of BSE 500 stocks closing positive. Dilip Buildcon led gainers with 18%, while Godfrey Phillips India topped losers with 9%. Sectoral strength came from capital goods and IT, while consumer durables lagged.
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Nifty extended its eight-day winning streak, reflecting a cautious but positive market outlook. Rupak De of LKP Securities recommends top stock picks for the week, including Railtel, Cochin Shipyard, and Bajaj Finance, while highlighting ITs limited upside, defence opportunities, and expiry-day market adjustments.
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| 13.09 | Donald Trump calls on NATO countries to stop buying Russian oil and threatens 50% to 100% tariffs on China |
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| 13.09 | FIIs sell Rs 10,782 crore worth of Indian equities in September, so far. Can GST reform, GDP numbers change tide? |
| 13.09 | Nifty seen heading to 25,300 as metals, midcap IT lead: Axis Securities' Rajesh Palviya |
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| 13.09 | Invest Rs 30,000, get assured Rs 24 lakh daily: An offer that got an investment advisor barred by Sebi |
| 13.09 | Smallcap rally: Sigachi Industries, MTAR, and this Ramesh Damani stock in weekly top 10 chart, rise up to 37% |
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| 13.09 | Donald Trump calls on NATO countries to stop buying Russian oil and threatens 50% to 100% tariffs on China |
| 13.09 | China proposes rule changes to ease gold imports and exports |
| 13.09 | Indian markets eye rally on GST cuts, trade hopes & AI, defence boom: Ajay Bagga |
| 13.09 | FIIs sell Rs 10,782 crore worth of Indian equities in September, so far. Can GST reform, GDP numbers change tide? |
| 13.09 | Nifty seen heading to 25,300 as metals, midcap IT lead: Axis Securities' Rajesh Palviya |
| 13.09 | F&O Talk| Nifty closes at 8-week high, Bulls to now eye 25,50025,700 levels: Sudeep Shah |
| 13.09 | Invest Rs 30,000, get assured Rs 24 lakh daily: An offer that got an investment advisor barred by Sebi |
| 13.09 | Smallcap rally: Sigachi Industries, MTAR, and this Ramesh Damani stock in weekly top 10 chart, rise up to 37% |
| More » |
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