The reason for the downward trend can be attributed to the contraction in business activity seen by the Life Insurance Corporation of India (LIC).
Money9 Helpline hosted the founder of FinFix, Prableen Bajpai to answer all the queries related to index funds.
The demand for housing continues to remain strong and business has reverted to normalcy in the months of June and July 2021
Reliance Industries, Tata Consultancy Services, HDFC Bank, Hindustan Unilever Limited, HDFC and Kotak Mahindra Bank were among the top laggards
Historically, large IPOs result in temporary upheavals and liquidity challenges in the market
The bank said the spend in the pandemic-hit FY21 included Rs 110 crore allocated towards Covid-19 relief efforts.
National Housing Bank imposes a fine of Rs 4.75 lakh on Housing Development Finance Corporation Ltd (HDFC) for non-compliance of some norms
HDFC sold its entire stake in associate company Good Host Spaces for Rs 54 cr and sold part stake in HDFC ERGO General Insurance Co. for Rs 209 cr
On a year-to-date basis, the 30-share Sensex and 50-share Nifty index have advanced over 10% till date
In the ranking of top-10 most valued firms, RIL maintained its numero uno status, followed by TCS, HDFC Bank, Infosys, HUL, HDFC, ICICI Bank and SBI