Top news
Foreign Institutional Investors bought Rs 65,317 crore worth of Indian equities during the month of November, 2020. Highest monthly infusion in the last 2 decades.
November turned out to be the best month in decades for multiple global Indices. Dow Jones went up by 12.9%, S&P Energy by 33.7%, S&P Financials by 19%, and S&P industrial went up by 16.8% with record breaking performance during November.
RBI has rejected Muthoot Finance’s proposal to acquire IDBI AMC stating that -
"The activity of sponsoring a mutual fund or owning an asset management company is not in consonance with the activity of an operating NBFC"
NFOs for 5 funds have gone live this week. These funds are - Mirae Asset Banking & Financial Services Fund, ICICI Prudential Quant Fund, Baroda Banking & PSU Bond Fund, HDFC Dividend Yield Fund and Union Hybrid Equity Fund.
Index Returns
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Best Performers
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Worst Performers
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Bought and Sold
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Most Watchlisted
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Data Source: NSE, BSE & Kuvera.in
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