ABSLAMC launches industry’s first BSE Total Market Index Fund, NFO opens September 30
The fund will track the BSE Total Market Index, giving investors exposure to approximately 93% of India’s total market capitalisation across large, mid, small and micro-cap segments
The 30-share BSE Sensex fell 242.65 points, or 0.33%, to close at 72,529.07 on Monday. Throughout the trading session, the index plummeted 707.72 points, or 0.97%, to reach 72,064. The NSE Nifty 50 declined 64.05 points, or 0.28%, to settle at 22,716.20. Among the largest beneficiaries were Adani Ports, Sun Pharma, Tata Steel, and Kotak Mahindra Bank.
Conversely, Titan, HCL Tech, Tata Consultancy Services, UltraTech Cement, Hindustan Unilever, and Tech Mahindra experienced the most significant losses. Foreign Institutional Investors (FIIs) sold equities worth ₹5,353.22 crore on Monday.
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