The Indian market ended largely unchanged on Thursday, as the Sensex and Nifty struggled for direction after three consecutive sessions of losses, paring early declines as gains in IT and financial stocks helped steady the market. The S&P BSE Sensex slipped 78 points, or 0.09%, to close at 84,481.81, while the NSE Nifty 50 edged…
India’s asset management industry is undergoing a structural transformation, driven by rising investor maturity, fintech adoption, and regulatory reforms. With assets under management (AUM) in direct mutual fund plans growing steadily, the sector is witnessing a democratisation of investment, spearheaded by younger, digital-first investors. This evolving landscape presents a compelling opportunity from an investment perspective….
Indian benchmark equity indices marked their longest weekly losing streak since August 2023 on Friday, as a broad-based selloff continued amid persistent foreign investor outflows and disappointing corporate earnings. The NSE Nifty 50 declined 2.7% for the week, while the BSE Sensex fell 2.2%, recording losses for the fourth consecutive week. All sectoral indices logged…