AMFI-registered Mutual Fund Distributor
IPO
Sunil Singhania-led Abakkus Asset Manager has filed its DRHP with SEBI for a 15-million-share OFS IPO. The company reported Rs 796 crore revenue and Rs 327 crore PAT in FY26, alongside strong growth in non-mutual fund assets and PMS.
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Market updates
Forex · 23 Sept 2026
On September 23, the Indian rupee ended weaker at 95.74 against the dollar amid global financial trends. Expectations of further US Federal Reserve rate hikes have increased the strength of the dollar. Asian currencies also experienced declines, with some falling 0.3%. Despite this, state-run banks helped limit the rupee's losses through dollar sales.
Source: Economic Times Markets
Read moreStocks · 23 Sept 2026
Indian equity benchmarks ended higher on Wednesday, with Nifty rising 0.50% and Sensex gaining 0.40% as buying emerged across sectors. Metal stocks led the gains, while IT stocks lagged. Bajaj Finance and Tata Steel topped the gainers, while HCL Tech and Titan Company featured among the biggest losers.
Source: Economic Times Markets
Read moreStocks · 23 Sept 2026
As investors look for distinctive opportunities beyond conventional stocks and bonds, there's a palpable shift toward alternative assets. Family offices and institutional investors now delve into sectors like private credit and venture debt, aiming for unique returns. The ET Alpha Wealth Summit 2.0, set for October 8 in Mumbai, will tackle these emerging investment trends, enabling attendees to grasp potential future opportunities and the risks involved.
Source: Economic Times Markets
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