Jio BlackRock enters active equity space with FlexiCap Fund, leveraging BlackRock’s SAE approach and offering a low 0.5% expense ratio via direct channels Jio BlackRock Mutual Fund (MF) on Tuesday announced its entry into the active equity space with the launch of the Jio BlackRock FlexiCap Fund. The fund house plans to stand…
Under the new framework, the per-transaction limit for categories aligned with tax payments and other high-value transactions has been raised to Rs 5 lakh, while the daily aggregate limit for most of these categories has been increased up to Rs 10 lakh, depending on the category. In a major move to facilitate high-value digital…
The weekly options data suggested that the Nifty 50 is expected to face its next resistance at 23,000, where the maximum Call open interest is placed, while support is observed at the 22,500 level. Nifty Bullish Trend The Bulls strengthened their support for the Nifty 50 on March 18, not only taking the index beyond…
As per the weekly options data, the Nifty may face hurdles at the 22,500-22,700 zone, with support placed at the 22,000 levels. Nifty Trend The Nifty 50 extended its downward move for another session amid rangebound trading, falling by a third of a percent on March 13, tracking the nervousness in Asian peers. The index…
For oil & gas sector, January’s $182 million outflows marked the fifth consecutive month of selling. For automobile sector, it was the sixth straight month of FII selloff at $672 million. In its latest strategy note, JM Financial noted that foreign institutional investor (FII) ownership as a percentage of total Indian equities slipped further…