Bajaj Allianz Life introduced the Bajaj Allianz Life Nifty Alpha 50 Index Fund, which will be accessible to customers who currently own or plan to purchase unit-linked insurance products (ULIPs). For those unfamiliar, this is a market-linked index fund designed to replicate the performance of the Nifty Alpha 50 index. This index comprises 50 large-cap … Read more
Over the past month, the Indian market has been dilly-dallying around the ground of the all-time range. Nifty50 is trading within a broad range of 1000 points, between 21,800 to 22,800. Although the market lacks a clear direction, it shows a positive trend as there has been no loss in investor value. The country’s total … Read more
Nifty 50 will have scaled up to the 25,810 mark by December 2024, highlighted domestic brokerage Prabhudas Lilladher in its most recent India Strategy Report, Democratic Hat-trick to Re-Rate Markets. The ongoing rule of the National Democratic Alliance (NDA) government and the La Nina-led regular monsoons, which are predicted to bring policy stability and accelerate … Read more