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India tumbles out of $2 trillion m-cap club as FPIs exit

Monday, August 5, 2019, 8:35 PM

India's stock market capitalisation fell below the $2 trillion mark for the first time in six months, triggered by the selloff on Dalal Street in July that led to an 8.8 per cent erosion in investor wealth during the month. The total market capitalisation of all the listed Indian firms had first crossed the $1 trillion mark on May 28, 2007.
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Apple woos investors with China gain, market value nears $1 trillion

Wednesday, July 31, 2019, 8:51 PM

Shares of Apple Inc rose 4.2% after the company calmed Wall-Street nerves with an improvement in sales in China and as-several-brokerages predicted a boost from its services business and the launch of new-iPhones in the second-half of 2019. If the gains hold, Apple would be within touching distance of again topping $1-trillion in market-value, just shy of the world's most valuable company, Microsoft Corp.
 
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ICICI Prudential Mutual Fund launches an MNC fund

Tuesday, May 28, 2019, 6:55 PM

ICICI Prudential Mutual Fund on Tuesday launched an MNC fund, an open ended scheme that will invest predominantly in stocks within the MNC space. In India, there are various MNCs catering to one's every day as well as industrial needs. The size of opportunity for these companies is only set to rise as India journeys to be a $4-trillion economy by 2023.

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