Domestic Funds

The analysts pointed out that the domestic equity inflows during 2024 are a 'staggering' $7 billion a month (January to May 2024, to date), which would be twice what they were in the previous high and more than 3x as against a year ago.

Stock Buying by Domestic Funds in 2023 Exceeds Foreign Inflow

Powered by continued inflows from retail investors, equity purchases by local institutions — including mutual funds and insurers — have climbed to $16.5 billion for the year thus far.

Policy reforms to follow dissolution of FIPB board; ease foreign flows into country

The idea behind dissolution of FIPB is avoiding delays in clearances for foreign funds. More sectors on automatic route will help ease cash flow into the country.

Solid Nifty support at 8570, midcaps strength may sustain: Pros

Speaking to CNBC-TV18 in its Closing Bell segment, expert Prakash Gaba of prakashgaba.com says Nifty still has strong support at 8570. He advises continuing trade on the long side and sees Nifty upside target at around 8747 near-term.

Shriram AMC gets Sebi nod for offshore fund management

"The company has recently got the go-ahead from Securities and Exchange Board of India (Sebi) to undertake 'offshore fund management'," Shriram Asset Management Company said in a statement.

See FY17-18 earnings growth at 18%: ICICI-Pru AMC

Manish Gunwani of ICICI Prudential AMC believes equities will outperform other asset classes in the medium term.

See Nifty in 6000-6100 range; bullish on Infosys: Emkay

Infosys has not underperformed the benchmark index in the last three months and Krishna Kumar Karwa, MD, Emkay Global Financial Services is positive on the company on a top-down and medium-term perspective.

Will use IPP proceeds to fortify south projects: Prestige

In an interview to CNBC-TV18, Irfan Razack, chairman and managing director of Prestige Estates said the appetite for IPP was good both from the domestic fund and foreign institutional investors (FIIs). The subscription was almost 2.75 times, he added.