The move is aimed at facilitating ease of investment in overseas MF/UTs, bringing transparency in the manner of investment, and enabling MFs to diversify their overseas investments, Sebi said in a circular.
Titan shares gained 2% after the company reported a 63% YoY rise in Q1 profit. Citi and Motilal Oswal retained their Buy ratings, while Nuvama
SBI shares gained 1.55% after the lender reported a 10% YoY rise in Q1 FY27 standalone net profit to Rs 21,121 crore, beating Street estimates.
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