The gross buy-to-sales ratio for these funds also moderated to 1.1 in July compared with the one-year average of 1.2. The ratio depicts the strength of investment. The gross purchase of local funds at Rs 80,131 crore was the lowest in fourteen months.
Jio leverage play pops up at SBI as India brokers lure IPO bets
SBI Securities has launched an exciting financing option for the highly anticipated IPO of Jio Platforms Ltd. Investors can secure up to 60% funding for