Sharp sell-off in the markets: Nifty closes below 26,000, Sharp falls seen in small and midcaps!

Indian stocks finished Monday’s trading session much lower. The Nifty ended the day at 25,960.55, down 0.86%, while the Sensex closed at 85,102.69, down 0.71%. The Nifty Bank closed at 59,238.55, down 0.90%, indicating that the pressure was equally evident in the banking sector. The BSE SmallCap and midcap indices both saw a 2% decline….

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Despite poor markets, equity fund inflows reached a record high of Rs 41,887 cr in October: AMFI

According to data published on November 11 by the Association of Mutual Funds of India (AMFI), the trade association for mutual funds, open-ended equities mutual fund inflows increased 21.69 percent month-over-month (MoM) to Rs 41,887 crore in October across the equity fund category. For the 44th consecutive month, inflows into open-ended equities funds were in…

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A cyclical low for the cement industry

A slight recovery is anticipated in the second half of FY25 as the cement industry navigates through a cyclical trough. The demand is undoubtedly slowing down after a strong expansion in FY22 and FY24. Cement consumption in India has historically increased at about 6% in tandem with GDP development. Nonetheless, over the last three years,…

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