The Indian rupee slipped to its weakest closing level on record on Monday, pressured by a decline in the offshore Chinese yuan and broad-based dollar bids amid a prevailing bearish bias on the local currency.
In the Nifty500 pack, eight stocks’ closing prices crossed below their 200-day moving averages (DMA) on September 24, according to technical scan data from StockEdge.
Under the proposed framework, distributors could be rewarded for the quality of sales and servicing, while commissions could be clawed back in cases of mis-selling.
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