Collections through systematic investment plans (SIPs) fell to ₹11,438 crore, compared with ₹11,517 crore in the previous month. The mutual fund industry’s Assets Under Management (AUM) declined to ₹38.56 lakh crore from the previous month’s ₹38.89 lakh crore on account of the market decline and outflows from debt mutual funds to the tune of ₹8,274 crore.
Instruments Code Dividend in instrument currency (value per Instrument for Long positions) Dividend in instrument currency (value per Instrument for Short positions) Date Time (GMT) Index Honk Kong 50 Cash/Futures 1.1820 -1.1820 24/03/2022 21:59 Australia 200 Cash/Futures 0.1131 -0.1330 24/03/2022 21:59 US SPX 500 Cash/Futures 0.0298 -0.0350 24/03/2022 21:59
One important reason is lower bond prices mean higher bond yields. Investors who hold bonds for income are pleased when their prices fall, because those bonds continue paying the same income as before.
Analysts noted that gold is consolidating in a narrow range following a sharp decline.