Tata Consultancy Services (TCS) reported its Q3 results largely in-line with expectations, though US dollar revenue declined more than estimates, highlighting ongoing challenges for India’s largest IT services provider. Company Value Change %Change Nifty ended the day lower as financials and IT stocks dragged indices, even as thematic mutual funds saw December inflows surge significantly. […]
Equity mutual fund inflows surge by 3% in August; debt inflows plunge 62% – CNBC TV18
Equity mutual fund inflows grew 3% to ₹38,239 crore in August, up from ₹37,113 crore in July, according to Association of Mutual Funds in India (AMFI) data. Debt fund inflows, however, dropped 62% to ₹45,169 crore, down from ₹1.19 lakh crore last month. Large-cap funds saw a significant rise in inflows, growing 293% to ₹2,636 […]