The net assets under management (AUM) of the Indian mutual fund industry surged to cross Rs 65 lakh crore mark for the first time in August, data from the Association of Mutual Funds of India (AMFI) showed on Tuesday.

Equity funds saw Rs 38,239 crore inflows in August, a 3.03 per cent growth from Rs 37,113 crore witnessed in July.

Equity inflows have shown remarkable strength, with the last four months consistently exceeding Rs 34,000 crore.

Indian equity markets were trading higher as heavyweights like Bharti Airtel, Axis Bank, Power Grid, Nestle, NTPC, Sun Pharma, HCL Tech and Infosys emerged as top gainers in Sensex.

At 9:45 a.m., Sensex was up 43 points or 0.05 per cent at 81,605 and Nifty was up 13 points or 0.05 per cent at 24,950.

In early trade, buying was seen in the midcap and smallcap stocks. Nifty midcap was up 613 points or 1.05 per cent at 58,960 and Nifty smallcap was up 167 points or 0.88 per cent at 19,259.

Bajaj Finserv, M&M, Bajaj Finance, Kotak Mahindra Bank, IndusInd Bank, HDFC Bank and TCS were top losers in the Sensex.

Indian equity indices closed higher on Monday, snapping its three-day losing streak following a rally in FMCG and private bank stocks.

At closing, the Sensex was up 375 points or 0.46 per cent at 81,559 and the Nifty was up 84 points or 0.34 per cent at 24,936.

The market was led by private banking stocks. Nifty Bank closed at 51,117, up 540 points or 1.07 per cent.

In the Sensex pack, HUL, ICICI, ITC, Kotak Mahindra Bank, IndusInd Bank, Axis Bank, HDFC Bank, Nestle and UltraTech Cement were the top gainers. Tech Mahindra, Tata Steel, NTPC, Wipro, Tata Motors, Titan, Power Grid, HCL Tech, Sun Pharma and JSW Steel were the top losers.

Indian equity indices opened in the red on Monday following weak global cues.

At 9.32 a.m., Sensex was down 215 points or 0.27 per cent at 80,968 and Nifty was down 78 points or 0.32 per cent at 24,773.

Broader market trends remained negative. On the National Stock Exchange (NSE), 1621 stocks were in the red and 566 stocks in the green.

In early trade, Selling was also seen in the midcap and smallcap stocks. The Nifty Midcap 100 index was down 415 points, or 0.72 per cent, at 58,080, and the Nifty Smallcap 100 index was down 208 points, or 1.08 per cent, at 19,067.

As the unemployment rate falls in the US but hiring slows down as Federal Reserve gears up for a rate cut this month, the developments are likely to push foreign portfolio investors (FPIs) increase their investments in India, market experts said on Saturday.

Early September witnessed buying by FPIs mainly due to the resilience of the Indian market.

FPIs invested Rs 9,642 crore in equity through the exchanges and Rs 1,388 crore through the ‘primary market and others’ category till September 6.

According to Sunil Damania, Chief Investment Officer, MojoPMS, flows from FPIs are influenced by a complex interplay of factors beyond bond inclusion.

After the successful launch of the Namo Bharat Rapid Train to Meerut South, preparations are now underway for the introduction of the city's metro train service.

The Meerut Metro is being built in two phases, the first phase is from Partapur to Modipuram (13 Stations) and the second phase is from Shradhapuri Phase II to Jagriti Vihar (12 Stations)

The Meerut Metro, featuring three-coach trains, will accommodate over 700 passengers per train.

While the rapid train would reach speeds up to 180 kmph, the metro service will have a maximum operational speed of 120 kmph.

Boeing's Starliner spacecraft on Saturday landed back safely on Earth without astronauts, after a three-month trip to the International Space Station (ISS).

"Touchdown #Starliner," Boeing posted on social media platform X.

“Touchdown, #Starliner! The uncrewed spacecraft landed at New Mexico's White Sands Space Harbor at 12:01 am ET (9.31 am IST) on Saturday, September 7,” added NASA.

Starliner landed uncrewed following NASA’s decision, taken on August 24, to not return Indian-origin Sunita Williams and Butch Willmore on the faulty spacecraft over “lack of safety and performance requirements for human spaceflight”.

The uncrewed return “allows NASA and Boeing to continue gathering Starliner performance data..while also not accepting more risk than necessary for its crew”, the US space agency said.

Ministry of Defence on Friday said that they have successfully launched the intermediate-range ballistic missile Agni 4.

“The launch was successfully carried out from the Integrated Test Range in Chandipur, Odisha,” an official of the ministry said.

He said that the launch successfully validated all operational and technical parameters.

“It was conducted under the aegis of Strategic Forces Command,” the official added.

On April 4, India also carried out a successful flight test of the new generation ballistic missile Agni-Prime.

India's forex reserves increased by $2.299 billion to a new high of $683.98 billion for the week ended August 30, the Reserve Bank of India (RBI) data showed on Friday.

For the week, foreign currency assets, a major component of the reserves, increased by $1.485 billion to $599.037 billion.

In the week ended August 23, the country’s forex reserves had surged $7.023 billion to touch a new high of $681.68 billion.

The first solar park of 3 MW capacity under the MahaYuti government’s ambitious Mukhyamantri Saur Krishi Vahini Yojana (MSKVY) 2.0 has been activated in Dhondalgaon village in Chhatrapati Sambhajinagar district.

Nearly 1,753 farmers will get 12 hours of uninterrupted power supply during day time from this project.

The solar energy project which started power generation on Thursday is developed on 13-acre public land at Dhondalgaon about 3 km from the electricity substation of Maharashtra State Electricity Distribution Company Limited (MSEDCL).