Nuvama Wealth rallies over 4 percent on Sebi's nod to sponsor a mutual fund
In January 2025, the company had informed exchanges about the application seeking approval to act as the sponsor for Nuvama Mutual Fund. This would enable it to launch mutual funds as well as Specialized Investment Fund (SIF).
India’s mutual fund AUM is currently
~20% of GDP (versus over 100% in mature
markets),
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Read MoreSoundhound AI, Ionq, Occidental, Ondas Holdings And Tesla: Why These 5 Stocks Are On Investors' Radars Today
The U.S. stock market finished higher on Thursday, as the Dow Jones Industrial Average edged up nearly 0.2% to 46,519.72, the S&P 500 added 0.06% to 6,715.35, and the Nasdaq climbed about 0.4% to 22,844.05.
These are the top stocks that gained the attention of retail traders and investors through the day:
SoundHound AI Inc.
Asian shares are mixed as tech shares lead Wall Street ticks to more records
MANILA, Philippines (AP) — Asian shares were mixed on Friday after heavy buying of tech shares led benchmarks on Wall Street to more records.
US. futures and oil prices were higher.
Markets have largely shrugged off the shutdown of the U.S. government after Democrat and Republican lawmakers failed to reach agreement on funding.
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Read MoreMarketSnack Launches October 25 to Deliver Real-Time Options Intelligence to Traders Worldwide
MarketSnack, a real-time options intelligence platform, will officially launch on October 25, offering traders professional-grade insights with …
Read MoreIn it for long haul: When we plant trees, we’re investing in the future
Submitted Photo
The urban forest canopy is an investment in this North Dakota community. (NDSU photo)
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What do you invest in? That’s a pretty personal question, and in reality, it’s none of my business!
To be honest, I really don’t know the fine details of my own investments.
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Read MoreThe Burst
84.2% of Bill Gates Portfolio In 4 Stocks
If you went to an Ivy League business school, you would probably learn about diversification and efficient markets, and how it’s not possible to beat the market. Why then do so many billionaires violate the tenets of top academics?
In simple terms, when you have an information advantage, or a winning investment thesis,
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Read MoreThe Ivy
2 Champion Traders Bought This Stock
To be the best sometimes you simply have to follow the best and see what they are doing. That old adage applies to trading Nvidia recently when, on the same day, both Oliver Kell, who posted a 941.1% gain to win the US trading championship a few years ago, and Mark Minervini bought it.
Mark has famously become one of the most successful traders of all time,
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