Nifty Bees sees report quantity as ETFs acquire recognition

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Synopsis

The ETF managed by Nippon India Asset Administration noticed 88,117 trades, with 75% of the amount marked for supply amidst a pointy correction within the Nifty 50 index by 2%. In the identical session, the whole Nifty50 ETF quantity was ₹281 crore, with the steadiness coming from ETFs like SBI, ICICI, and HDFC amongst others.

Nifty Bees, an alternate traded fund (ETF) that mimics the broad-based Nifty 50 index, noticed the best quantity in its 20-year historical past at ₹205 crore on the Nationwide Inventory Trade (NSE) amid the market crash on Monday.

The ETF managed by Nippon India Asset Administration noticed 88,117 trades, with 75% of the amount marked for supply amidst a pointy correction within the Nifty 50 index by 2%. In the identical session, the whole Nifty50 ETF quantity was ₹281 crore,

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