Weekend Wrap: Top news and market movers this week: 23 September 2022

Updated: 24 Sep 2022, 10:21 AM IST

TL;DR.

From top newsmakers to market performance, here's the market wrap for the week ended 23 September 2022.

Mumbai: The stock market index on a display screen at the Bombay Stock Exchange (BSE) building in Mumbai, Friday, July 5, 2019. After touching the 40,000-mark in morning trade, the BSE Sensex turned choppy after Finance Minster Nirmala Sitharaman rose to present her maiden Budget. (PTI Photo) (PTI7_5_2019_000223B)(PTI7_5_2019_000256B)

Top News

1. RBI Governor Shaktikanta Das announced UPI LITE to simplify and enhance low value UPI payments. The add on-device wallet would allow low-value payments of up to ₹200 without using a UPI PIN

2. Mirae MF has announced that existing SIP, STP transactions and lumpsum order for its three international schemes - Mirae Asset NYSE FANG ETF FoF, Mirae Asset S&P 500 Top 50 ETF FoF and Mirae Asset Hang Seng Tech ETF FoF to be reopened w.e.f September 23, 2022.

3. ICICI MF, SBI MF, Tata MF and ABSL MF have launched the NFOs for schemes IPRU Nifty Auto Index Fund, SBI Crisil Ibx Gilt Index June 2036 Fund, SBI Nifty Midcap 150 Index Fund, SBI Nifty Smallcap 250 Index Fund, TATA CRISIL IBX GILT INDEX - APRIL 2026 INDEX FUND and ABSL Nifty SDL Sep 2025 Index Fund.