Sensex climbing 650 points and the Nifty crossing the 24,200 mark.

Sensex and Nifty Performance:

The Sensex, a benchmark index of the Bombay Stock Exchange (BSE), rose by 650 points.
The Nifty 50, a key index on the National Stock Exchange (NSE), went above the 24,200 mark.

Top Gainers:

Britannia: This FMCG giant saw a substantial increase in its stock price, driven by strong quarterly results and optimistic future growth projections.
Wipro: The IT services company benefited from recent large-scale contract wins and positive guidance for the upcoming quarters.
HCL Tech: Similar to Wipro, HCL Tech’s stock surged due to robust earnings reports and an optimistic outlook in the tech sector.

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Equity Fund Inflows Decline 9% to Rs 37,113 Crore in July

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Equity Fund Inflows: There has been a 9% decrease in inflows into equity mutual funds, totaling Rs 37,113 crore in July. This decline suggests a reduction in new investments or net contributions compared to previous periods. Systematic Investment Plan (SIP) Book: Despite the overall decline in equity fund inflows, the […]

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