Vivriti Asset Management (VAM), a performing credit-focused asset manager, on Monday announced closure of its diversified bond fund (DBF) with over $200 million of commitments.
Launched in early 2022, the strategy comprises of three category-II credit AIFs: Vivriti Wealth Optimizer Fund, Vivriti Emerging Corporate Bond Fund and Vivriti Alpha Debt Fund – enhanced.
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Under diversified bond funds (DBF), VAM has invested over Rs 1,400 crore since January 2022 in 40 investees that operate predominantly in core sectors – airports, clean energy, road construction, fertilizer , thermal energy, and others as well as services such as software services and managed offices, the fund ma…
Read moreStocks in Focus: GIFT Nifty traded up 48 points or 0.25% at 19,005.5, indicating a positive opening for domestic indices NSE Nifty 50 and BSE Sensex on Friday. Previously on Thursday, the NSE Nifty 50 tanked 264.90 points or 1.39% to settle at 18,857.25, while the BSE Sensex shed as much as 900.91 points or 1.41% to 63,148.15.
“Till date, the actual domestic Q2 results are below par in comparison to the excited earnings forecasted. Similar disappointments are visible in developed economies. Downgrade in earnings and valuation is arising due to risk of further slowdown of the economy due to geopolitical and elevated interest rates. Also selling pressure intensified due to expiry-led volatility influencing investors to stay cautious,” said Vinod Na…
Read moreThe Economic Survey 2023-24 has raised concerns about the consequences of the increased participation of retail investors in derivatives trading, and the financial market growth running ahead of the economic growth. The survey, tabled in Parliament on Monday, said the capital markets are becoming prominent in India’s growth story.
The 476-page document has hinted at potential regulatory and government policy interventions as the financial sector undergoes critical transformation.
“The Indian financial sector is at a turnpike moment. The dominance of banking support to credit is being reduced, and the role of capital markets is rising… As India’s financial sector undergoes this critical transformation, it must also brace for likely vulnerabilities and prepar…
Read moreGIFT Nifty indicated that Indian equity indices BSE Sensex and NSE Nifty 50 may see a positive opening on Tuesday. Here is all you need to know before the market opens.
GIFT Nifty ended up by 22 points or 0.10% at 21,821.50 indicating a positive opening for domestic indices NSE Nifty 50 and BSE Sensex on Tuesday. Previously, on Monday, the NSE Nifty 50 dropped 82.10 points or 0.38% to settle at 21,771.70, while the BSE Sensex plunged by 354.22 points or 0.49% to 71,731.42.
“Markets started the week on a subdued note and shed nearly half a percent. After the flat opening, the Nifty oscillated in a narrow range however a sharp dip in the final hours pushed the index lower. Meanwhile, traction continued in pharma, auto and energy packs while FMCG,…
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