FPIs: FPIs lap up power, financial services stocks in April; IT, FMCG see biggest outflows

Mumbai: Overseas investors were buyers of Indian equities worth ₹17,932 crore across 15 sectors between April 1 and 15, as per National Securities Depository Ltd (NSDL) data. Power sector received the highest inflow from foreign investors, who bought shares worth ₹5,143 crore after buying ₹45 crore in March. In 2023, the sector witnessed inflows worth … Read more

Energy, power-based equity mutual funds deliver up to 10% in one month. Should you invest?

Energy & power based mutual funds gave an average return of 8.39% in the last one month, data crunching by ETMutualFunds showed. There were around four schemes in this category that have completed one month or existence in the market. DSP Natural Res & New Energy Fund, the topper in the category, gave 10.26% return … Read more

power sector: Don’t foresee absolute power supply constraint current year: CARE Ratings

Sabyasachi Majumdar, Senior Director, CARE Ratings, the power sector is expected to have ample availability of electricity from thermal, gas, wind, and solar sources. The assurance lies in the willingness of distribution companies to pay for the power they receive. The current season is particularly favorable for wind and solar power generation. Unlike the supply … Read more