Bears tightened their grip on D-Street as domestic equity benchmarks Nifty 50 and Sensex logged their worst session in over two months and the domestically-focused small-and midcaps witnessed their worst session in over two years on March 13. The market capitalisation of BSE-listed companies erased by ₹13,47,822.84 crore to ₹3,72,16,602.67 crore. Investors lost around 13.5 …
New Delhi: ICICI Prudential Asset Management Company has suspended fresh subscriptions through lumpsum mode and switches into ICICI Prudential Smallcap Fund and ICICI Prudential Midcap Fund effective 14 March. The move by ICICI Prudential AMC is in response to heavy flows in the midcap and smallcap categories, resulting in these outperforming largecap stocks and stretching …
Domestic equity benchmarks Nifty 50 and Sensex are poised to conclude the year with healthy gains despite facing persistent headwinds such as high-interest rates, geopolitical tensions, volatile crude oil prices, and inflationary pressures. The Indian stock market opened 2023 on a muted note and remained in a downtrend for the first quarter but delivered an …