After September in which Indian equities worth around Rs 14,768 crore were sold by FIIs, October is the second consecutive month where FIIs have been on a selling spree amid a sustained rise in US bond yields.
In a significant move, AceVector, the owner of Snapdeal, has successfully garnered Rs 189 crore from anchor investors for its upcoming IPO, scheduled to open
Sebi’s board approved PRIM, allowing portfolio managers to invest client money in direct mutual fund plans, ETFs, index funds and SIFs. The new route carries
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