Aditya Birla Sun Life Mutual Fund on Thursday (May 2) launched Nifty PSE Exchange Traded Fund (ETF). This is an open-ended ETF tracking the Nifty Public Sector Enterprise (PSE) Index. The New Fund Offer (NFO) will remain open till May 16, 2024. The ETF offers investors an opportunity to invest in India’s Public Sector Enterprises (PSEs) that will be responsible for propelling the growth.
Open FlipForward stock splits usually follow significant share-price appreciation, which rarely happens to inferior companies. For that reason, many investors see stock splits as roundabout indicators of quality. But the price appreciation (not the subsequent split) is where investors should focus. Shares of Microsoft (NASDAQ: MSFT) and Intuit (NASDAQ: INTU) soared 541% and 437%, respectively.
Open FlipNvidia (NASDAQ: NVDA) CEO Jensen Huang and his wife Lori recently attended the groundbreaking of a new research facility they helped finance (and which will be named in their honor) at the couple's alma mater, Oregon State University (OSU). In a subsequent discussion with OSU president Jayathi Murthy, Huang said, "We're at the beginning of a new industrial revolution.
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