A propped-up valuation gives a rosy picture of the portfolio to a fund’s investors and paves the way for the fund manager to attract more money from new as well as old investors when it goes for the next round of fund-raising.
MCX shares rose sharply on Wednesday, extending a five-day rally with total gains of 12%. The surge is driven by rising commodity prices and higher
Suzlon Energy share price rose on Wednesday, extending a strong April rebound and recovering nearly 27% from March’s record low. The rally comes on the
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