MFs' share in NSE stocks hit fresh all-time high; FII-DII gap smallest ever
The difference between the share of FIIs and DIIs reduced hit an all-time low of 1.09% (17.55% vs 16.46%) as on September 30, 2024.
The difference between the share of FIIs and DIIs reduced hit an all-time low of 1.09% (17.55% vs 16.46%) as on September 30, 2024.
The BSE Sensex declined 1,492 points, or 1.87%, to hit a low of 78,233, while the NSE Nifty lost 488 points, or 2%, to 23,816 levels.
The m-cap of BSE-listed companies has fallen to ₹461.06 lakh crore, from ₹478.34 lakh crore at the end of trade on September 26, 2024.
On Tuesday, the Nifty50 index managed to extend its winning streak, albeit only by a whisker, settling the session just one point higher at 25,280.
Kamath suggested that the young entrepreneurs must raise capital when the market conditions are good even if they do not need capital.
India’s weightage in the MSCI EM Index has surged from around 8% in 2020 to record 20% today, and is expected to touch 22% by year-end, says Nuvama.
This was driven by a modest 3% year-on-year growth in its 4G subscriber base, which increased to 12.67 crore last quarter from 12.29 crore in Q1 FY24.
The latest order is equivalent to 0.45 times the company's current market capitalisation of ₹33,035.40 crore.
India contributes an all-time high share of the global market cap at 4.4% and records a new high for the market cap to GDP ratio of 142%
The unwinding of Yen carry trades, U.S. recession fear, and geopolitical tensions in the Middle-East have triggered sell-off in global equities.