Max Life expands ULIP range, launches Nifty 500 Momentum 50 Index Fund

New Delhi, August 20, 2024: Max Life Insurance Company Ltd. (“Max Life”/ “Company”) has introduced the Nifty 500 Momentum 50 Index Fund in the ULIP segment. The New Fund Offer (NFO) window will remain open till 1st September 2024, at Rs. 10 per unit, applicable only during the NFO period. The fund will track the Nifty 500 Momentum 50 Index, which comprises the top 50…

Post Market commentary -Sheersham Gupta, Director and Senior Technical Analyst at Rupeezy

It was a volatile day for the market today, and Nifty again saw sharp selling from the resistance level of 19825. The market recovered after regaining all the losses aided by the IT and auto sectors rally. The European markets opened higher, indicating that it digested yesterday’s Fed Minutes of “Wait and Watch Policy” for further rate hikes, and the Indian markets followed suit. India…