Index funds and exchange-traded funds (ETFs) have added a record number of investment accounts in 2024, buoyed by the sectoral and thematic investing euphoria that has spilled into the passive......
Asset management companies launched 239 new fund offerings (NFOs) mobilising Rs 1.18 lakh crore in 2024, with sectoral or thematic equity funds emerging as the top choice of investors, according to......
ITC's spunoff unit to remain part of Sensex, Nifty for 3 days post-listing to help index funds navigate change. Photograph: Amit Dave/Reuters ITC's move to hive off its hotel business will have......
With just four trading sessions to go for the ITC-ITC Hotels demerger record date shares of ITC continue to consolidate in a thin range of Rs 460 - Rs 480 in an otherwise volatile equity market.......
Zomato on Monday became the first new-age company to join the prestigious 30-share benchmark Sensex, replacing JSW Steel. Photograph: Anushree Fadnavis/Reuters This milestone marks a significant......