Mutual Fund

The broader net mutual fund Assets Under Management (AUM) recorded a steady growth trajectory of 13.80 per cent over the past one-year period.

The Indian mutual fund industry reached a historic milestone, with total net inflows reaching an all-time high as of July 2026, reflecting robust investor confidence across multiple market segments.

State Bank of India added ₹63,922.03 crore, taking its market valuation to ₹10,11,721.84 crore.

The BSE SmallCap Select index went up by 0.20 per cent and MidCap Select index edged higher by 0.19 per cent.

IT services company Infosys declined 1% after it tempered the upper end of its full-year revenue forecast to between 1.5% and 3%.

From the Sensex pack, Infosys, Bajaj Finance, HDFC Bank, State Bank of India, NTPC and Reliance Industries were among the laggards.

At the interbank foreign exchange, the rupee opened at 96.35 against the greenback before rising further to 96.28, up 14 paise from its previous close.

The total SIF AUM increased from ₹13,814 crore in May, while monthly inflows rose to ₹3,782 crore against ₹1,396 crore.

Infosys declined more than 8 per cent, Tata Consultancy Services dropped around 6 per cent, while Tech Mahindra and HCL Technologies lost nearly 5 per cent each

Analysts said the decline came as domestic equities remained firm and the rupee appreciated against the US dollar

The deal, executed through block trades on the National Stock Exchange (NSE), also saw participation from several domestic institutional investors

The filing is expected on June 15 or June 16 and follows the exchange's board approval for the IPO earlier this year after receiving Sebi's no-objection certificate