The Nifty scaled a new high of 19,991.85, beating its previous record of 19,851.70. The gauge of top 50 companies ended at 19,979.15, up 146 points or 0.74% from the previous close. The Sensex topped 67,619.17 in Thursday’s trading, surpassing Wednesday’s all-time high of 67,171.38. The index closed at 67,571.90, up 474.46 points or 0.71% from the previous record closing high of 67,097.44.
Sebi permits use of mutual funds for IAs, RAs deposit compliance
Sebi has allowed investment advisers and research analysts to use liquid mutual funds and overnight mutual funds for meeting their mandatory deposit requirements, providing an