Traditionally, investing in index schemes and exchange traded funds in India has been predominantly in benchmark indices — the Nifty and Sensex. These days, cost-conscious investors are gradually dipping their toes in funds that mimic mid- and small-cap indices as local asset managers expand their product offerings to meet the growing demand for cheaper products. Aditya Birla SL MF launched a mid-and small-cap index fund in April 21, Nippon
Tesla Inc. shares slumped in early trading as fresh signs of trouble emerged for its China business while Elon Musk polled Twitter followers on whether the carmaker should accept Dogecoin. China’s Passenger Car Association said Tuesday that Tesla sold 25,845 locally made vehicles in April, a 27% drop from...
Domestic gold futures remained under pressure for the most part of the day after giving up initial gains on Tuesday as international spot rates took a breather a day after touching a three-month peak. Sharp losses in equities and weakness in the dollar overseas provided some support. MCX gold...
NEW DELHI: Gold in the national capital on Tuesday declined by Rs 212 to Rs 47,308 per 10 gram with a decline in global precious metal prices, according to HDFC Securities. In the previous trade, the precious metal had closed at Rs 47,520 per 10 gram. Silver also tumbled...