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Maruti Suzuki India Ltd (MARUTI-532500) – I Told You Below 6000 Big Downfall, CMP 5490, Watch 510 Points Down Enjoy

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In an indication that vehicle sales may remain subdued in the upcoming festival season, Maruti Suzuki India ltd – the country’s largest passenger vehicle manufacturer- will not push inventories at dealerships. This comes as most dealer partners are financially stressed and as the overall slowdown in the economy continues keep customers away from showrooms.

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Mutual Fund Investments in Debt Securities Lowest in 5 Years

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Gold Silver Reports (GSR) – Mutual Fund Investments in Debt Securities Lowest in 5 Years – Mutual funds pulled out ₹ 14,085.55 crore from debt securities in May, regulatory data showed, shifting to equities amid rising bond yields and higher fixed deposit rates. According Securities and Exchange Board of India (Sebi), this is the lowest mutual fund investment in debt markets since July 2013. In comparison, debt securities saw mutual fund inflows of ₹ 20,164.82 crore in April and ₹ 9,514.37 crore in May 2017.

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