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Benchmark BSE Sensex and Nifty declined amidst selling in key stocks like HDFC Bank and Reliance Industries. RIL fell 2%, Polycab gained 3.4%, and Pfizer India dropped 9%. Analysts suggest monitoring Polycab around Rs 4,500, RIL requiring a move above Rs 1,200 to signal recovery, and Angel One demonstrating persistent selling pressure with a support around Rs 1,750.
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Ethos added five new stores in the December quarter and 13 in the first nine months of FY25, taking the total count to 73 stores. The company aims to open six more boutiques by the end of FY25. It has signed six exclusive brand partnerships since April, with more collaborations in the pipeline.
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According to a joint study by Crisil and mutual fund trade body AMFI, total assets under management (AUM) of women investors in mutual funds with a holding period of over five years have grown from 8.8% in March 2019 to 21.3% in March 2024. In the case of male investors, it is 19.9% in 2024 as against 8.2 % in 2019.
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