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The National Stock Exchange (NSE) on Thursday said the unique registered investor base on the exchange has crossed the ten-crore mark for the first time. The total number of client codes (accounts) registered with the leading exchange stands at 19 crore, the NSE informed. “Following the achievement of the nine-crore mark in late February, it is commendable that the number of investors on-boarded on the exchange has increased by an additional crore within just over five month...
NSE crosses record 10-crore unique registered investor base
The battered yen languished near the 160 per dollar level on Tuesday and kept traders on high alert for any intervention from Japanese authorities to prop up the currency, while the greenback edged a touch higher in the broader market. Bitcoin was nursing losses after clocking its worst day in over two months at the start of the week, in part due to flows out of bitcoin exchange-traded funds (ETFs), analysts said. The dollar was last 0.04% higher at 159.64 yen, just a whisker away from ...
Dollar flirts with key 160 yen level as intervention risk looms
SBI Mutual Fund (MF) has launched SBI Silver ETF, an open-ended Exchange Traded Fund tracking price of silver. The NFO opens for subscription on June 24, 2024 and closes on June 27, 2024. The Entry load and Exit load is not applicable for the scheme. The minimum subscription amount is Rs 5000 and in multiples of Re 1 thereof. The performance of the scheme will be benchmarked against domestic price of silver (based on London Bullion Market association (LBMA) Silver daily spot fixing price) ...
SBI MF introduces Silver ETF
Net inflows into exchange traded funds (ETFs) tracking Indian stocks hit a record high in 2023, with analysts optimistic that investors will continue to buy into the world's fastest-growing major economy even as keenly watched general elections loom. India-focused ETFs saw net inflows of $8.6 billion last year, according to data by Morningstar Direct, beating the $7.4 billion peak in net flows in 2021. Analysts see the trend continuing in the run-up to general elections due by...
India ETF flows hit record in 2023, analysts see momentum persisting in election year
The price of Bitcoin nosedived to around $42,000, plunging almost 10 per cent, after the spot Bitcoin exchange-traded funds (ETFs) started trading in the US. Bitcoin reached a high of $46,000 last week and surged to a two-year high of $49,000 last week, when bitcoin ETFs began trading in the US. Shares of crypto exchange Coinbase tumbled 7.4 per cent after the bitcoin ETF news, reports Coindesk. Bitcoin has posted a massive 80 per cent rally since early October. "The recent d...
Bitcoin price nosedives around $42K after spot ETF trading begins
The US Securities and Exchange Commission (SEC) has finally approved a number of spot Bitcoin exchange-traded product (ETP) shares and with the decision, the world's largest cryptocurrency has joined the global financial system. The decision will make around a dozen spot Bitcoin ETFs available to investors, such as those from Grayscale, Fidelity and BlackRock. "While we approved the listing and trading of certain spot bitcoin ETP shares, we did not approve or endorse bitcoin. I...
US approves 1st-ever Bitcoin exchange-traded product shares
Aditya Birla Sun Life AMC has announced notice for declaration of non-business day. Pursuant to the advisory issued by AMFI, it is declared that Thursday, September 28, 2023, is a non-Business Day for all the Schemes of the Fund, except Exchange Traded Funds (ETFs). In view of the above, it may be noted that the Fund will not accept any transactions on September 28, 2023 in the schemes of the Fund (except ETFs).
Aditya Birla SL AMC announces declaration of non-business day
Mirae Asset Investment Managers (India) has informed that in accordance with AMFI advisory, September 28, 2023 would be a Non-Business day for all debt and equity schemes of Mirae Asset Mutual Fund. Exchange Traded Funds (ETFs) being listed units will be traded on the stock exchange and hence will be available for trade. It may be noted that the AMC shall not accept any transactions in the aforesaid schemes on September 28, 2023.All other terms and conditions in the aforementioned Schemes sha...
Mirae Asset AMC announces non-business day for all debt and equity schemes
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