USD/INR : We expect Indian Rupee (INR) to slip to a record low of 80 by Q3. “The rising number of COVID-19 cases in India could lead to another extension in the lockdown beyond 3 May, which will pose downside risks to our GDP growth forecast of 1.6% for FY21.”
mutual funds
Silver Prices Also Advanced Today
Silver Prices Also Advanced Today – One positive case of coronavirus has been detected in New Delhi, and one has been detected in Telangana, the Indian government said in a statement. “Both the patients are stable and being closely monitored,” it added.
Gold Price Today: सोने के दाम में 516 रुपये की जबरदस्त गिरावट
Gold Price Today – दिल्ली में सोने के दाम में 516 रुपये की जबरदस्त भाव कमी देखने को मिली। भारतीय मुद्रा ‘रुपया’ के मजबूत होने से सोने की कीमतों में कमी देखने को मिली है। HDFC Securities के मुताबिक सोना सोमवार को 45,033 रुपये प्रति दस ग्राम के स्तर पर बंद हुआ था।
What stocks India’s top three mutual funds bought and sold last month
Inflows into Indian equity funds shrunk to the lowest in more than three years last month as some investors exited after the nation’s $2.1 trillion market powered to a record despite a faltering economy.
Gold ETFs Can Now Also Invest in Derivatives – Gold Silver Reports
Gold Silver Reports (GSR) – The Securities and Exchange Board of India (Sebi), through a circular issued on 21 May, laid down the rules of investing for mutual funds with regard to exchange-traded commodity derivatives (ETCD). The rules apply to gold exchange-traded funds (ETFs) as well.
Asian Markets Track Wall Street lower
Asian stocks tracked Wall Street losses today as latest exchanges between Beijing and Washington signalled the heightened risk of a prolonged trade war, stoking investors’ concerns about the impact on global economic growth. As market investors switched out of equities safe-haven assets such as government bonds found favour, with yields …