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PSU exchange-traded fund a weak bet for investors

Putting money in key PSUs a better optionThe Centre has approved the plan to launch an exchange-traded fund (ETF) comprising 11 blue-chip stocks of public-sector undertakings (PSUs), despite the......

RBI conducts $10 bn forex swap to inject liquidity

The Reserve Bank of India’s (RBI’s) $10 billion US dollar-rupee buy-sell swap auction for three years received bids worth $16.23 billion on Friday, reflecting robust demand amid......

EPFO mulls reinvesting 50% of ETF redemption proceeds in equity market

In a bid to enhance its equity exposure and earn higher returns for its nearly 65 million subscribers, the Employees' Provident Fund Organisation (EPFO) is considering reinvesting 50 per cent of......

Bluechips Drive Markets To $5 Trillion

The top 100 companies have accounted for 63% of the gains (Rs 51 trillion out of Rs 81 trillion), while firms beyond the top 100 have contributed 37 per cent (Rs 30 trillion). Kindly note the......

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......

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Psu Exchange Traded Fund

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