Bitcoins growing role in Indias economic landscape is drawing attention as a hedge against inflation and a DeFi enabler. With rising adoption and regulatory interest, it may complement Indias strategic push toward becoming a developed economy by 2047.
After the recent US strikes on Iran, UN Secretary General Antonio Guterres issued an urgent appeal for calm. He cautioned against the potential for devastating fallout from continued aggression, firmly stating that military action is not the answer. Guterres reiterated the necessity of diplomatic engagement, calling on all nations to respect international law.
Indian stock market rebounded, gaining 1.6% weekly despite escalating Israel-Iran tensions, as the US joined strikes on Iranian nuclear facilities. Investors are cautious, monitoring the conflict's impact alongside US market cues. Thirteen IPOs are anticipated, while Sensex undergoes a reshuffle. Corporate actions and FII/DII activity will also influence market movement.
Sectoral and thematic mutual funds have lost up to 3% last week. There were 564 funds in the said period, of which 413 gave negative returns. Here are the top losers (Source: ACE MF)
Specialised Investment Funds (SIFs) bridge the gap between mutual funds and high-ticket options like PMS and AIFs. With moderate liquidity, lower entry barriers, and SEBI oversight, they offer tailored strategies suited for informed investors seeking flexibility, focus, and control.
The combined market valuation of six of the top-10 most-valued firms jumped Rs 1,62,288.06 crore last week, with Bharti Airtel and Reliance Industries emerging as the biggest gainers, in-line with an optimistic trend in equities.
If you are looking for the best mutual funds for lumpsum investment with an investment horizon of three years. Here is a help for you (Source: Value Research)
Global tensions, particularly the Israel-Iran war and the ongoing Ukraine-Russia conflict, have fueled a surge in gold prices. Spot gold neared a record $3,451 per ounce, while domestic futures tested Rs 99,929 per ten grams. Investors are seeking safe-haven assets amid geopolitical uncertainty and concerns about inflation.
Seven mutual funds, including index, small cap, thematic, ETF, and FoF schemes, will open for subscription between June 2327, aiming to diversify offerings and attract varied investor interests.
