US stocks fall, Dow Jones drops for 9th straight session with Fed decision due
U.S. retail sales increased more than expected in November, buoyed in part by an acceleration in motor vehicle purchases, consistent with strong underlying momentum in a resilient economy.
ET In The Classroom: Active Vs Passive Funds
Passive funds are schemes that track a benchmark index and try to mimic its performance. They include passive index funds, exchange-traded funds (ETFs), and fund of funds (FoF) that could invest in ETFs. These funds follow a benchmark and aim to deliver returns in tandem with the benchmark, subject to expense ratio and tracking errors.
Hot Stocks: 3 stocks that may give returns between 19-39%
Brokerages recently initiated coverage on Delhivery, Quess Corp, and Piramal Pharma. These stocks are expected to return between 19% and 39% as per analyst price targets.
ADIA exits Mindspace Business Parks REIT, sells Rs 1,926 cr stake
ICICI Prudential MF bought units worth ₹375 crore, Capital Group bought for ₹362 crore and HDFC Standard Life Insurance bought units worth ₹140 crore.
TARC plunges 10% on Sebi forensic audit
“Sebi believes that the disclosure of financial information and business transactions of the company have been dealt with in a manner which may be detrimental to the interest of investors or the securities markets; and/or an intermediary or a person associated with the securities market,” the company said in exchange filing.
Sebi sets minimum investment amount for SIFs at Rs 10 lakh
The new asset class was introduced for investors, who want to put between ₹10 lakh and ₹50 lakh in differentiated investment strategies such as long-short equity and inverse exchange traded funds, among others.
AIF industry needs to move to accredited investors regime: Sebi Official
“Once you have a reasonable number coming in, the cost will automatically come down,” Narayan said while addressing a CII event here.
Bulls benched ahead of Fed & BoJ’s rate play
While the American central bank is expected to cut interest rates by 25 basis points, the near-term market trend will depend on the commentary by Fed chair Jerome Powell on the direction of the rates.
Sebi prohibits FPIs from issuing P-notes
Additionally, the regulator prohibited overseas funds from hedging ODIs with derivative positions on Indian stock exchanges. Furthermore, Sebi asked foreign portfolio investors (FPI) issuing ODIs to obtain ownership information of all the investors holding such instruments.