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| Investors pour record $55 billion into U.S. stock funds in January | REUTERS | |
| Investors poured $55 billion in new cash into stock mutual funds and exchange-traded funds in January, the biggest monthly inflow on record, research provider TrimTabs Investment Research said. U.S. stock mutual funds and ETFs accounted for $25.2 billion of the total cash gains, the most since January 2004. Global mutual funds and ETFs overtook them with inflows of $29.8 billion, a monthly record according to the research company. The total inflows into stock funds surpassed the previous record of $53.7 billion in February 2000, TrimTabs said. The benchmark S&P 500 stock index has risen 5.4 percent so far this month. Analysts have cited this month's strong inflows as a support to stock markets, along with stronger-than-expected corporate earnings and U.S. lawmakers' deal to avert the "fiscal cliff" of tax hikes and spending cuts. According to Thomson Reuters' Lipper service, which tracks only funds that are based in the U.S., the three weeks ended January 23 have seen the biggest inflows from retail investors into stock funds since the start of 2001. The latest three-week streak has brought $14.9 billion into stock mutual funds alone, while the streak ended in early 2001 brought $16.3 billion into the funds. Investors gave $6.1 billion to U.S. stock mutual funds and ETFs in the past five trading days alone, TrimTabs reported. Global funds, meanwhile, pulled in $9.3 billion over that period. |
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| Domestic Market Reports | |
| Hong Kong shares to open flat, Lenovo jumps after earnings | 24 May, 2013 |
| RPT-Hong Kong shares to open flat, Lenovo jumps after earnings | 24 May, 2013 |
| Hong Kong shares may start steady after weak Chinese manufacturing data | 24 May, 2013 |
| GLOBAL MARKETS-Asian stocks steadier, Nikkei bounces back | 24 May, 2013 |
| US STOCKS-Wall St sags, but ends off session lows; HP hits 52-wk high | 24 May, 2013 |
| US STOCKS SNAPSHOT-Wall St ends down but off session lows | 24 May, 2013 |
| US STOCKS-HP supports Dow, limits S&P's loss in choppy trade | 24 May, 2013 |
| US STOCKS SNAPSHOT - Dow, Nasdaq edge up in choppy trading | 24 May, 2013 |
| US STOCKS-Wall St mostly dips, but off lows with help from HP | 24 May, 2013 |
| Worries over end to monetary stimulus hit Europe shares | 24 May, 2013 |
| International Market Reports | |
| Nikkei hits fresh 5-1/2-year high on BOJ optimism, Sony soars | 24 May, 2013 |
| Dimon clings to JPMorgan chairman title, after fight | 24 May, 2013 |
| Nikkei edges up to new 5-1/2-yr high as retail investors pick up bargains | 24 May, 2013 |
| Goldman exits China's ICBC, seven years and billions later | 24 May, 2013 |
| Nikkei hits new 5 1/2-year high on real estate, agricultural shares | 24 May, 2013 |
| Tata Comm to delist from NYSE | 24 May, 2013 |
| Emerging market growth expectations hit 7-month low | 24 May, 2013 |
| Buffett devotees stick by him even as growth slows | 24 May, 2013 |
| Credit Suisse says ex-VP stole trade secrets in move to Goldman | 24 May, 2013 |
| U.S. may charge JPMorgan for power market manipulation - analysts | 24 May, 2013 |
| Top Volume | ||
| BSE - May 23, 12:00 AM | A B1 B2 | |
| Code | Current |
Volume |
| Jet Airways (In | 584.25 |
25632737
|
| Housing Develop | 50.75 |
7484758
|
| Unitech Ltd. | 25.20 |
7262490
|
| Reliance Commun | 105.95 |
6702345
|
| Hindalco Indust | 108.95 |
6152456
|
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| Top Volume | ||
| NSE - May 23, 12:00 AM | ||
Code |
Current |
Change |
| Unitech Ltd. | 25.20 |
58287168
|
| Jaiprakash Asso | 67.30 |
46042206
|
| Reliance Commun | 105.95 |
28960184
|
| Housing Develop | 50.65 |
28757245
|
| DLF Ltd. | 211.05 |
15595605
|
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