scorecardresearchWeekend Wrap: Top news and market movers this week: 13 May 2022

Weekend Wrap: Top news and market movers this week: 13 May 2022

Updated: 14 May 2022, 11:13 AM IST
TL;DR.

  • From top newsmakers to market performance, here's the market wrap for the week ended 13 May 2022.

From top newsmakers to market performance, here's the market wrap for the week ended 13 May 2022.

From top newsmakers to market performance, here's the market wrap for the week ended 13 May 2022.

Top News

1. Open ended equity mutual funds witnessed inflows of 15,890 crore in April 2022. The net Asset Under Management (AUM) of the Mutual Fund industry stood at 38.04 lakh crore.

2. SIP inflows stood at 11,863 crore in April 2022, a jump of 38% compared to inflows of 8596 in the same month last year. Total number of SIP folios jumped to 5.39 crore in April 2022 from 5.27 crore in March.

3. IPOs of Venus pipes, LIC, Delhivery and Prudent Corporate Advisory Services got oversubscribed by 16.3 times, 2.9 times, 1.6 times and 1.2 times respectively.

 

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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: 14 May 2022, 11:13 AM IST