Sensex and Nifty began the day with gains. Share Market News Today | Sensex, Nifty, Share Prices LIVE: Looking to regain their gaining streak, Sensex and Nifty began Wednesday’s session in the green. S&P BSE Sensex was up 51,400 while Nifty 50 was just shy of 15,150 mark. Asian Paints, Ultratech Cement, ONGC, and Reliance Industries were the top gainers on BSE Sensex during the initial few minutes of trade. Power Grid, Infosys, and L&T were some of the drags. Broader markets were outperforming benchmarks.
For the seventh straight month, equity mutual funds have seen investors pull money away from them. Net outflows from open-ended equity schemes in January was to recorded at Rs 9,253 crore, according to the data sourced by Association of Mutual Funds in India (Amfi). Once again the asset under management (AUM) of the mutual fund industry rose on-mont basis, to hit an all-time high. AUM in January was at 31.84 lakh crore. Open-ended debt oriented schemes saw outflows worth Rs 33,408 crore.
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