scorecardresearchWeekend Wrap: Top news and market movers this week: 9 September 2022

Weekend Wrap: Top news and market movers this week: 9 September 2022

Updated: 10 Sep 2022, 09:57 AM IST
TL;DR.

  • From top newsmakers to market performance, here's the market wrap for the week ended 9 September 2022.

Sensex closes 153 points higher at 57,260; Nifty ends session at 17,053 points

Sensex closes 153 points higher at 57,260; Nifty ends session at 17,053 points

Top News

1. Open ended equity mutual funds witnessed inflows of 6120 crore in August 2022. The net Asset Under Management (AUM) of the Mutual Fund industry rose to 39.28 lakh crore.

2. India has surpassed the United Kingdom to become the world's fifth-largest economy. According to a Bloomberg report, Indian Economy was worth $855 billion compared to U.K.’s $816 billion 

3. Shares of Dreamfolks Services got listed at a premium of 55% over issue price of 326 while IPO of Tamilnad Mercantile Bank got oversubscribed by 2.9 times.

 4. Kotak Mahindra MF has launched the NFO for Kotak Business Cycle Growth Fund. The NFO closes on September 21.

 

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

First Published: 10 Sep 2022, 09:57 AM IST