Gold exchange traded fund (ETF) witnessed a net outflow of ₹396 crore last month, making it the first withdrawal after March 2023, owing to profit booking.Despite the decline, the asset under management (AUM) of gold funds rose 5% to ₹32,789 crore at April-end from ₹31,224 crore in the preceding month, according to the data with the Association of Mutual Funds in India.
Open FlipNew CEO, new approach. Less than a month after Srinivas Pallia replaced Thierry Delaporte in the corner room of Bengaluru-headquartered Wipro Ltd, the company is attempting to settle lawsuits it had filed against two former senior executives, according to a review of court filings and two executives aware of the development.
Open Flip🚫Balrampur Chini Mills, 🚫Canara Bank, 🚫GMR Airports Infrastructure, 🚫Hindustan Copper, 🚫Vodafone Idea, 🚫PNB, 🚫SAIL, and 🚫ZEEL are the eight stocks in the F&O ban list of the stock market exchange for May 13. No fresh positions are allowed for any of the F&O contracts in the particular stock when placed under the F&O ban period by the stock exchanges.
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