domestic mutual funds

Hyundai India raises Rs 8,315 crore from anchor investors ahead of IPO opening

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Hyundai India raises Rs 8,315 crore from anchor investors ahead of IPO opening

Hyundai Motor India raised Rs 8,315 crore from 225 anchor investors ahead of the marquee IPO opening on Tuesday. The shares were allotted at Rs 1,960 per share, which is the upper end of the price band. In the anchor book, around 21 domestic mutual funds through a total of 83 schemes subscribed to the … Read more

DIIs’ clout in domestic equities continued to increase in Dec amid sustained inflow

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DIIs’ clout in domestic equities continued to increase in Dec amid sustained inflow

DIIs include local mutual funds, insurance companies, pension funds and banks. Their increased participation has reduced the effect of higher market volatility on Indian equities compared with the peers in emerging markets. Synopsis ​DIIs include local mutual funds, insurance companies, pension funds and banks. Their increased participation has reduced the effect of higher market volatility … Read more