đź“ŚTop gainers in Nifty today: Mahindra & Mahindra (up 3.02%), Tata Consumer (up 2.89%), Bharti Airtel (up 2.69%), Tech Mahindra (up 2.62%), and LTI Mindtree (up 2.62%). đź“ŚTop losers in Nifty today: Maruti Suzuki India (down 2.11%), Tata Motors (down 1.15%), State Bank Of India (down 1.02%), Bharat Petroleum Corporation (down 1.01%), and Power Grid Corporation Of India (down 0.75%).
Open Flip
Energy Transfer (NYSE: ET) raised its full-year guidance last week when it reported its first-quarter results, continuing the company's recent strong operational performance. The stock has returned nearly 40% over the past year, including distributions. The master limited partnership (MLP) unceremoniously cut its distribution in half in the fall of 2020 to better deal with its debt load.
Open Flip
Active exchange-traded funds have seen record inflows in recent years, taking assets under management to $630 billion. That’s a lot of money but small in comparison to the $10 trillion in ETF assets overall or the $24 trillion in public mutual funds registered in the US. Still, one corner of the active ETF space represents the best shot traditional fund managers have of preserving their role.
Open Flip
