{"id":23673,"date":"2023-05-13T09:48:50","date_gmt":"2023-05-13T04:18:50","guid":{"rendered":"https:\/\/kuvera.in\/blog\/?p=23673"},"modified":"2023-05-13T09:48:50","modified_gmt":"2023-05-13T04:18:50","slug":"top-news-and-market-movers-this-week-12-may-2023","status":"publish","type":"post","link":"https:\/\/kuvera.in\/blog\/top-news-and-market-movers-this-week-12-may-2023\/","title":{"rendered":"Top news and market movers this week: 12 May\u2019 2023"},"content":{"rendered":"<h4 class=\"null\">Top news<\/h4>\n<div id=\"sa_slider_shortcode\">\n<div class='white' style='background:rgba(0,0,0,0); border:solid 0px rgba(0,0,0,0); border-radius:0px; padding:0px 0px 0px 0px;'>\n<div id='slider_23672' class='owl-carousel sa_owl_theme owl-pagination-true autohide-arrows' data-slider-id='slider_23672' style='visibility:hidden;'>\n<div id='slider_23672_slide01' class='sa_hover_container' style='padding:5% 5%; margin:0px 0%; background-color:rgb(208, 224, 227); '><p><span style=\"font-weight: 400\">SIP inflows jumped 16% on Y-o-Y basis to hit an all - time high of Rs 13,728 crore in April 2023\u00a0 compared to inflows of Rs 11,863 crore in April 2022<\/span><\/p><\/div>\n<div id='slider_23672_slide02' class='sa_hover_container' style='padding:5% 5%; margin:0px 0%; background-color:rgb(217, 234, 211); '><p><span style=\"font-weight: 400\">Open ended equity mutual funds witnessed inflows of Rs 6,480 crore in April 2023. The net Asset Under Management (AUM) of the overall Mutual Fund industry stood at Rs 41.53 Lakh crore<\/span><\/p><\/div>\n<div id='slider_23672_slide03' class='sa_hover_container' style='padding:5% 5%; margin:0px 0%; background-color:rgb(217, 210, 233); '><p><span style=\"font-weight: 400\">As per data released by the Ministry of Statistics India\u2019s retail inflation moderated to an 18-month low of 4.7%, CPI based inflation has stayed in line with the RBI band of 2-6%<\/span><\/p><\/div>\n<div id='slider_23672_slide04' class='sa_hover_container' style='padding:5% 5%; margin:0px 0%; background-color:rgb(234, 209, 220); '><p><span style=\"font-weight: 400\">Shares of<\/span> <a href=\"https:\/\/kuvera.in\/stocks\/mankind-pharma-ltd\"><span style=\"font-weight: 400\">Mankind Pharma Ltd<\/span><\/a><span style=\"font-weight: 400\"> got listed at a premium of 20% over issue price of Rs 1080 while IPO of Nexus Select Trust REIT got oversubscribed by 5.45 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0);\n\t\t\t\twindow.dispatchEvent(evt);\n\t\t\t}\n\t\t});\n\t});\n<\/script>\n\n<\/div>\n<h4 class=\"null\">Index Returns<\/h4>\n<p>[table id=2751 \/]<\/p>\n<h4 class=\"null\"><img loading=\"lazy\" decoding=\"async\" class=\"wp-image-23720 aligncenter\" src=\"https:\/\/kuvera.in\/blog\/wp-content\/uploads\/2023\/05\/Index-performance-12May23-300x164.jpg\" alt=\"\" width=\"774\" height=\"423\" srcset=\"https:\/\/kuvera.in\/blog\/wp-content\/uploads\/2023\/05\/Index-performance-12May23-300x164.jpg 300w, https:\/\/kuvera.in\/blog\/wp-content\/uploads\/2023\/05\/Index-performance-12May23-1024x560.jpg 1024w, https:\/\/kuvera.in\/blog\/wp-content\/uploads\/2023\/05\/Index-performance-12May23-768x420.jpg 768w, https:\/\/kuvera.in\/blog\/wp-content\/uploads\/2023\/05\/Index-performance-12May23-1536x841.jpg 1536w, https:\/\/kuvera.in\/blog\/wp-content\/uploads\/2023\/05\/Index-performance-12May23-2048x1121.jpg 2048w, https:\/\/kuvera.in\/blog\/wp-content\/uploads\/2023\/05\/Index-performance-12May23-150x82.jpg 150w\" sizes=\"auto, (max-width: 774px) 100vw, 774px\" \/><\/h4>\n<p>&nbsp;<\/p>\n<p><a href=\"http:\/\/app.kuvera.in\/tax-harvesting\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter wp-image-9296 size-full\" src=\"https:\/\/kuvera.in\/blog\/wp-content\/uploads\/2021\/12\/Tax-havesting-P2.png\" alt=\"\" width=\"652\" height=\"164\" srcset=\"https:\/\/kuvera.in\/blog\/wp-content\/uploads\/2021\/12\/Tax-havesting-P2.png 652w, https:\/\/kuvera.in\/blog\/wp-content\/uploads\/2021\/12\/Tax-havesting-P2-300x75.png 300w\" sizes=\"auto, (max-width: 652px) 100vw, 652px\" \/><\/a><\/p>\n<h4><strong><br \/>\nBest Performers<\/strong><\/h4>\n<p>[table id=2752 \/]<\/p>\n<p>[table id=2753 \/]<\/p>\n<p>[table id=2754 \/]<\/p>\n<h4><strong><br \/>\nWorst Performers<\/strong><\/h4>\n<p>[table id=2755 \/]<\/p>\n<p>[table id=2756 \/]<\/p>\n<h4><strong><br \/>\nBought and Sold<\/strong><\/h4>\n<p>[table id=2757 \/]<\/p>\n<p>[table id=2758 \/]<\/p>\n<h4><strong><br \/>\nMost Watchlisted\u00a0<\/strong><\/h4>\n<p>[table id=2759 \/]<\/p>\n<p>[table id=2760 \/]<\/p>\n<p>[table id=2761 \/]<\/p>\n<p>Data Source: NSE, BSE &amp; <a href=\"https:\/\/app.kuvera.in\/\">Kuvera.in<\/a><\/p>\n<h4>Interested in how we think about the markets?<\/h4>\n<p>Read more:\u00a0<a href=\"https:\/\/kuvera.in\/blog\/category\/zen-and-the-art-of-investing\/\" target=\"_blank\" rel=\"noopener noreferrer\"><strong>Zen And The Art Of Investing<\/strong><\/a><\/p>\n<p>Watch\/hear on YouTube:<\/p>\n<p><iframe loading=\"lazy\" title=\"Kuvera Insights\" width=\"640\" height=\"360\" src=\"https:\/\/www.youtube.com\/embed\/videoseries?list=PLDSzQdT9nLmCysU31bg4Ngh7WY2p3UiiI\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" referrerpolicy=\"strict-origin-when-cross-origin\" allowfullscreen><\/iframe><\/p>\n<p>Start investing through a platform that brings goal planning and investing to your fingertips. Visit\u00a0<a href=\"https:\/\/www.kuvera.in\/\"><strong>kuvera.in<\/strong><\/a>\u00a0to discover\u00a0<a href=\"https:\/\/kuvera.in\/blog\/direct-plans-better\/\"><strong>Direct Plans<\/strong><\/a>\u00a0and\u00a0<strong><a href=\"https:\/\/kuvera.in\/explore\/fixed-deposit\/c\/all\">Fixed Deposits<\/a> <\/strong>and <a href=\"https:\/\/kuvera.in\/user\/login\"><strong>start investing today.<\/strong><\/a><\/p>\n<p>This market update was initially published by <strong>Livemint<\/strong>.<\/p>\n<p>#MutualFundSahiHai, #KuveraSabseSahiHai!<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Top news Index Returns [table id=2751 \/] &nbsp; Best Performers [table id=2752 \/] [table id=2753 \/] [table id=2754 \/] Worst Performers [table id=2755 \/] [table id=2756 \/] Bought and Sold [table id=2757 \/] [table id=2758 \/] Most Watchlisted\u00a0 [table id=2759 \/] [table id=2760 \/] [table id=2761 \/] Data Source: NSE, BSE &amp; Kuvera.in Interested in [&#8230;]<\/p>\n<p><a class=\"btn btn-secondary understrap-read-more-link\" href=\"https:\/\/kuvera.in\/blog\/top-news-and-market-movers-this-week-12-may-2023\/\">Read More&#8230;<\/a><\/p>\n","protected":false},"author":11,"featured_media":23721,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[391],"tags":[392,69,242,280,281,388,397,390],"class_list":["post-23673","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-check-what-happened-in-different-markets-in-one-place","tag-best-performing-mutual-funds","tag-elss","tag-equity-mutual-funds","tag-most-bought","tag-most-sold","tag-stocks","tag-us-stocks","tag-watchlist"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Top news and market movers this week: 12 May\u2019 2023 - Kuvera<\/title>\n<meta name=\"description\" content=\"Key market data in one place. 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