New Delhi, May 28 (IANS) India’s portfolio management services (PMS) industry expanded to Rs 42.2 lakh crore in April 2026, up 2.1 per cent month-on month, indicating healthy investor participation entering FY27, a report said on Thursday.The report from Association of Portfolio Managers in India (APMI) said the client base stood at approximately 2.12 lakh accounts, with a 1.7 per cent adjustment during the month.A net inflow of Rs 25,088 crore was recorded in April, compared to a net outflow …
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New Delhi, May 14 (IANS) Indian equities recovered in April despite geopolitical tensions and elevated crude oil prices, and the markets indicate a constructive phase in the long term, a report said on Thursday.The report from HSBC Mutual Fund said India’s investment cycle is expected to stay strong, supported by infrastructure spending and private capex recovery.Potential trade deals with the EU and the US are likely to support manufacturing growth and export competitiveness.The report noted …
Mumbai, March 7 (IANS) Domestic equity benchmarks plummeted nearly 3 per cent this week on a cautious note amid heightened volatility, as persistent foreign fund outflows and escalating geopolitical tensions in the Middle East kept investors on edge.The frontline indices saw a fall of 2.9 per cent each. Sensex closed at 78,918.90 against Friday’s close of 81,287.19 (February 27), while Nifty settled at 24,450.45 against the previous week’s 25,178.65 closing.Meanwhile, foreign institutional inv…