Weekend Wrap: From Indus Towers to Linde India top market movers this week

From top news to market performance, here's the market wrap for the week ended April 19, 2024.

Kuvera
Published20 Apr 2024, 10:54 AM IST
Investor adoption of SIPs continued to rise, with monthly net inflows touching approximately  <span class='webrupee'>₹</span>19,300 crore in March 2024.
Investor adoption of SIPs continued to rise, with monthly net inflows touching approximately ₹19,300 crore in March 2024. (MINT_PRINT)

Top News

  • SIP inflows jumped 35% on Y-o-Y basis to 19,271 crore in March 2024 compared to inflows of 14,276 crore in March 2023.
  • Open ended equity mutual funds witnessed inflows of Rs. 5,583 crore in March 2024. The net Asset Under Management (AUM) of the overall mutual fund industry stood at 23.49 lakh crore.
  • India’s foreign exchange reserves (Forex) reserves rose for the seventh straight week to hit a record high of $648.56 as of 5th April 2024.

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Kuvera is a free direct mutual fund investing platform. Unless otherwise stated data sourced from BSE, NSE and kuvera.in

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