Top news and market movers this week: 05th June’ 2026

India's economy grew 7.8% year-on-year in the January–March 2026 quarter, outperforming expectations and demonstrating strong economic momentum. Growth was supported by robust private investment, construction activity, agricultural output, and resilient consumer demand. As a result, GDP growth for FY2025-26 is estimated at 7.7%, reinforcing India's position among the world's fastest-growing major economies. While domestic demand remains strong, economists caution that factors such as higher oil prices, inflation, and global uncertainties could impact growth prospects going forward.

Equity mutual funds generated positive returns on SIP investments over the last five years, with several schemes delivering double-digit XIRRs. Leading the pack were HSBC Midcap Fund and Bandhan Small Cap Fund, both posting XIRRs above 20%. The performance underscores the effectiveness of disciplined SIP investing across fund categories, helping investors build substantial long-term wealth through regular contributions.

HSBC MF has launched NFO for Redhex Hybrid Long Short Growth Direct Plan, Motilal Oswal AMC has launched NFO for  Motilal Oswal BSE Clean Environment Index Growth Direct Plan and 360 One Asset AMC has launched NFO for Dynasif Equity Ex Top 100 Long Short Growth Direct Plan.