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    Multi-asset allocation fund inflows plunge 59% to Rs 1,514 crore in October. Are they still good for diversification?

    In October, multi-asset allocation funds saw a dramatic 59% decline in inflows, dropping to Rs 1,514 crore. This downturn may reflect profit-taking and shifting investor sentiment amid ongoing market volatility. While gold ETFs struggled, silver ETFs attracted considerable interest following recent price trends. Investors should explore alternative mutual funds for better diversification and revisit their asset allocation strategies, focusing on risk assessments before engaging with multi-asset funds.

    From worst to best! India is now the best performing stock market in the last one month. Missed the rally?

    India's stock market has made a remarkable recovery, proudly standing as the top performer in the world over the past month. This upswing is largely credited to a wave of foreign investments that has bolstered liquidity and confidence among investors. The backing from domestic institutions and a clearer outlook on corporate earnings have also played a role.

    Why is market falling today? Sensex drops 600 points, Nifty below 25,100 as explosive rally hits the brakes. 5 key factors explained

    Indian stock market indices Sensex and Nifty fell after a sustained rally, declining significantly on November 13. The Sensex dropped over 600 points while Nifty traded below the 25,100 level. Major stocks such as M&M and HDFC Bank contributed to the losses, each falling nearly 2%. Broader markets also reported losses, impacting various sectors including Nifty Auto and Nifty Private Bank.

    Sensex, Nifty mark 2-week winning run on FPI inflows

    Indian equity benchmarks in Mumbai have seen a two-week winning streak with significant foreign investment. Foreign Portfolio Investors have invested over ₹75,000 crore in November, while domestic institutional investors have sold shares worth around ₹46,835 crore. The BSE Sensex and NSE Nifty both experienced mild increases despite profit booking by domestic investors. Brent crude oil prices have declined, contributing positively to India's macroeconomic outlook.

    DIIs book profits in longest selling streak in 4 years

    Domestic institutional investors have recently unloaded more than ₹47,662 crore worth of equities amidst a market upswing. This shift showcases their tendency to lock in profits following substantial input into Indian stocks. Conversely, foreign portfolio investors have returned vigorously, investing about $8 billion since mid-October. This marks a notable change in market behavior, as local investors experience their longest selling streak in four years.

    Man Industries' consol profit more than doubles to Rs 82 crore in Jul-Sep

    Man Industries reported a more than twofold rise in consolidated Q2 profit to Rs 82 crore, driven by 49% revenue growth and record EBITDA. Saudi acquisition boosted margins, while a Rs 3,500 crore order book supported business prospects.

    The Economic Times
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