What changed for market while you were sleeping

Major Asian stocks stocks opened with sharp cuts Monday after a long weekend that saw global selloffs, with investors expected to stay “risk-off” for some time. MSCI’s index of Asia-Pacific shares outside Japan was trading 0.96 per cent lower.

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SBI Funds Management gets Sebi nod for IPO

SBI Funds Management, India’s largest mutual fund house, has secured SEBI’s nod for its upcoming Initial Public Offering, expected to launch early in July. The