India VIX was down by 0.83% from 10.87 to 10.78 levels in the previous session. Volatility has been cooling off from the last three weeks and comforting the bulls for buying on declines.
MF margins to face pressure; volumes to compensate: ICICI Pru AMC
ICICI Prudential AMC’s IPO is open for subscription, with Nimesh Shah expecting profitability pressures from growing AUM to be offset by falling unitholder fees. He