Defence stocks rose up to 4% as the Defence Acquisition Council approved five capital acquisition proposals worth over Rs 21,772 crore. The procurement includes equipment for the Indian Navy, Coast Guard, and Air Force. This move is aimed at strengthening India’s maritime operations, coastal security, and aircraft protection.
SEBI’s new PMS framework could potentially double industry size over time: APMI Chairman Vikas Khemani
SEBI’s revised PMS framework introduces PRIM, expands investment options and lowers the entry threshold to ₹25 lakh. Industry leaders expect these changes to broaden PMS