In an exclusive conversation with CNBC-TV18, the DIPAM secretary said LIC management has been working hard to not just improve its financial performance but also communicate it to the investors.

Motilal Oswal Nasdaq 100 ETF spearheads the passive funds pack, boasting over ₹2,000 crore in investments, with one-third allocated to AI-exposed stocks. Following closely, Mirae NYSE FANG+ commands around ₹760 crore, dedicating over 50% of its scheme to these tech giants. Alphabet (Google) leads as a preferred choice for four of the five active schemes mentioned.

China's central bank lets the yuan spot rate rise or fall a maximum of 2 percent against the dollar relative to the official fixing rate.

Jefferies has maintained a 'buy' rating on Eicher Motors with a target of Rs 4,650 per share, while Morgan Stanley has maintained an 'underweight' rating on Tata Power with a target of Rs 213 per share.