AMCs look strong but high valuations risk sharper fall in downturns

Given gains in equity prices, it is not surprising that the earnings of asset management companies (AMCs) are growing quicker. Illustration: Dominic Xavier/Rediff.com The earnings momentum looks......

MF Reduced PSU Holdings Pre-Election

In May, MFs were the net sellers in several PSUs, as they deployed Rs 47,600 crore in equities during the month. IMAGE: Results for India's general elections on a screen inside the Bombay Stock......

Equity mutual funds surge to historic Rs 34,697 crore inflows in May

Unperturbed by election uncertainty, investors poured record sums into equity mutual fund (MF) schemes in May, driving India closer to a $5 trillion market capitalisation. Illustration: Dominic......

Modi @ 3.0: Sensex races past 76K, Nifty rises 733 points

Benchmark stock indices Sensex and Nifty rallied more than 3 per cent to close at lifetime highs on Monday following across-the-board buying as exit polls predicted a massive win for the BJP-led......