PrimeInvestor said the risk of such front running news is two-fold. One, there will be redemption pressure on the AMCs’ funds; and secondly, the stocks (if disclosed or rumoured) on which such front-running was allegedly done may come under selling pressure, it said.
Dividend record date: Last chance to buy shares of Godfrey Phillips, IRCTC, other 50 companies for eligibility
Indian investors seeking dividends have a final chance to buy shares. Friday is the record date for eligibility. Godfrey Phillips India leads with a Rs