Business
Carnage in Chip Stocks Hits Hard
Fears of rising interest rates collided with worries about artificial-intelligence spending on Wall Street Friday, bringing an abrupt and painful end to weeks of gains and sending the Nasdaq composite to its worst day in more than a year.
Shares of the chip-making giants that have powered the market’s climb to records tumbled, weighed down by new concerns that trillions of dollars invested in AI technology won’t yield the expected blockbuster returns. The losses intensified after a robust jobs report raised new worries that the Federal Reserve may need to raise interest rates later this year to fight inflation.
Dalston’s Pineapple Soda as asking people to throw away affected cans of its pineapple drink over fears they could cause injury.
Business
These 8 flexicap funds have low consistency scores. Do you own any? – Low consistency in 5 years
Canara Robeco Flexi Cap Fund had a performance consistency score of 35% in the last five years. The risk compared to its peers has been low. In the investment style of the portfolio, the momentum based is medium, value based is low, and quality based is high. In the last five years, the fund gave 10.4% CAGR and had an AUM of Rs 11,922 crore.
Business
AlphaGrep enters MF space, eyes Rs 25,000-30,000 cr AUM in 3-5 yrs; to launch maiden scheme on Jul 6
The move comes after the company received approval from the Securities and Exchange Board of India (Sebi) to commence mutual fund operations.
The company’s maiden new fund offer (NFO) — a multi-asset allocation fund — will open for subscription on July 6 and close on July 20. The scheme will invest in equity and equity-related instruments, debt and money market instruments, as well as gold, silver and other permitted commodity exchange-traded funds (ETFs).
“We are targeting an AUM of Rs 25,000-30,000 crore in the next three to five years,” AlphaGrep Investment Management Chief Executive Officer Bhautik Ambani told PTI.
He said the asset management company will focus on quantitative equity and hybrid strategies driven by advanced mathematical models, artificial intelligence and machine learning.
Following the launch of the multi-asset allocation fund, the company plans to introduce an open-ended dynamic equity scheme that will invest across large-cap, mid-cap and small-cap stocks.
“We will always try to launch products with a differentiation to offer investors,” Ambani said.Founded by Mohit Mutreja and Prashant Mittal in 2010, AlphaGrep is a global quantitative trading and investment firm. It has a headcount of more than 500 people and offices in around eight countries. Its mutual fund business is under AlphaGrep Investment Management.
AlphaGrep Investment Management currently manages more than Rs 2,000 crore in assets across its specialised Alternative Investment Fund (AIF) and Portfolio Management Services (PMS) platforms, including operations in GIFT City, as of February 2026.
The entry comes at a time when India’s mutual fund industry continues to expand rapidly. The country currently has 52 asset management companies managing assets worth more than Rs 85 lakh crore.
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Week Ahead: Surging Greenback On Robust Jobs Data, While ECB Hike Seen As A Done Deal
Four people who weren’t hearing back from job applications shared what they did differently to secure their first role.
Vanguard’s S&P 500 exchange-traded fund—so popular it’s known simply by its ticker symbol VOO—just topped $1 trillion in assets, the first ETF to mark that milestone. VOO, which launched in 2010, got there before two rivals with head starts: BlackRock’s iShares Core S&P 500 ETF, which began trading in 2000, has $859 billion in assets and the State Street SPDR S&P 500 ETF, the first U.S. ETF to debut in 1993, has $787 billion, according to ETF Database.
Smith & Nephew and 4 More Stocks See Action From Activist Investors
Business
Swiggy among 9 largecap stocks with up to 45% upside potential. Do you own any? – Add to Cart!
Analyst forecasts offer more than just numbers; they provide a forward-looking view of market potential. For investors seeking the next opportunity, a closer examination of BSE large-cap stocks reveals several promising names. Based on consensus estimates compiled by Trendlyne, a number of large-cap stocks are expected to deliver strong returns over the next 12 months. This projected “upside” reflects the average expected gain over the coming year and serves as a data-driven indicator for investors. In this analysis, we highlight nine large-cap stocks that analysts expect could deliver gains of 35% to 45% over the year ahead.
Marvell Stock Was Just Added to S&P 500. Here’s Who Else Was Included and Bumped.
The Tech Rally Goes in Reverse as Markets Anticipate Tighter Money
M&S sticker mix up has Tartan Army fans rolling in the aisles after images are used of former England international
Fizzy drink cans recalled as they 'may rupture unexpectedly'
Ripple ETFs Offer Rare Bright Spot Despite XRP’s Crash to 19-Month Low
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