Wealth managers said the change in fund managers warrants caution among investors. Unitholders of these schemes must hold back from making fresh investors but should not exit, said Roopali Prabhu, CIO, Sanctum Wealth.
Indian equities extended losses for a fifth straight session, pressured by elevated oil prices and persistent FII outflows. Despite intraday recovery, sentiment remains weak amid
Next month is set to see a flurry of IPO activity as over a dozen companies plan to launch their share offerings. Collectively, these IPOs
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