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Ravi Ranjan Prasad
About the AuthorRavi Ranjan Prasad
Reporting Indian stock market developments since 2005 from India' financial capital Mumbai and business related news from 1998.Mutual Funds,IPOs, Sebi also on radar.
    Data released by the Association of Mutual Funds in India (Amfi) shows the mutual fund industry AUM grew by 2.7 per cent month-on-month as of November 30 to Rs 27.04 lakh crore against AUM of Rs 26.32 crore in October. (Representational Image)Business
    Mutual fund AUM at a new peak of Rs 27 lakh crore; equity inflows dip

    Inflows to income/debt-oriented schemes of Rs 51,427.58 crore helped industry AUM cross Rs 27 lakh crore milestone.

    10 Dec 2019 1:54 AM IST

    Photo: FileBusiness
    Banking stocks fall after RBI pause

    The bond market reacted as the 10-year government bond yield spiked to 6.82 per cent levels, meaning mark-to-market...

    6 Dec 2019 1:47 AM IST

    Uddhav Thackeray.Business
    Infra stocks under pressure as Maha reviews key projects

    Engineering & Construct-ion major Larsen & Toubro’s shares fell to a three-month low as it shed 2.16 per cent on the...

    5 Dec 2019 6:37 AM IST

    The Sebi order said Karvys clients could use other options like delivery slip instructions (DIS) to sell their shares.Business
    Investors seek proactive steps to guard against broker default

    Karvy had said that Sebi’s November 22 interim order that barred it from using PoA was hurting its more than 2,000...

    2 Dec 2019 2:03 AM IST

    Indias IT professionals have had a good run in regularly getting about 70 per cent of 85,000 H-1B visas each year.Business
    IT stocks fall on US work visa worries

    About 23 per cent of new petitions seeking H-1B visas for the US were denied in fiscal year 2019.

    23 Nov 2019 1:34 AM IST

    Led by the sharp fall in its shares, Vodafone Idea witnessed an erosion of Rs 3,792.58 crore from its market valuation which is now at Rs 12,442.42 crore.Business
    Telecom stocks soar on tariff hike news

    Reliance Jio promoter RIL also closed with gains of Rs 3.52 per cent at Rs 1,509.80.

    20 Nov 2019 1:02 AM IST

    According to capital market data aggregator Prime Databasethe , mutual fund industrys cash level increased in October by Rs 59,899 crore, indicating caution as the benchmark indices touched record highs.Business
    MFs raise cash levels by Rs 60K crore, shift counters

    As Infosys share price saw a big drop in October over an anonymous whistleblower complaint.

    19 Nov 2019 12:56 AM IST

    A DoT official privy to the development said instructions have gone to the licencing wing to carefully examine the implication of the Supreme Courts recent ruling for all such companies. (Photo: Representational)Business
    Telecom stocks crash over DoT move

    Rough estimates indicate Vodafone Idea may have to pay Rs 28,300 crore and Bharti Airtel, Rs 21,000 crore as per the...

    15 Nov 2019 12:53 AM IST

    Investors added risk in November as their portfolios are no longer explicitly geared to assets that outperform in a low growth & low inflation backdrop, the survey said.Business
    Global fund managers see equity as best doing asset class in 2020

    52% expect equities to be the top performer in 2020, followed by commodities (21%) and cash (10%).

    14 Nov 2019 1:46 AM IST

    BSE Auto Index fell 0.75 per cent while NSE Auto Index fell 0.67 per cent. The auto ancillaries makers were mixed though.Business
    Auto sales fail to enthuse stock markets

    Auto makers, however, saw a pick up in sales during the Diwali season.

    2 Nov 2019 1:54 AM IST

    Photo: FileBusiness
    November trade begins on a weak note

    Nifty-50 index closed 13.15 points or 0.11 per cent higher at 11,890.60.

    2 Nov 2019 1:51 AM IST

    Photo: FileBusiness
    Nifty shifts support base to 11700 levels

    Foreign portfolio investors were net buyers of equities worth Rs 1,870.87 crore which helped market to move up further.

    1 Nov 2019 2:07 AM IST

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