The drop was sharper in the broader market with the Nifty Midcap 150 declining 1% and the Nifty Smallcap 250 falling 1.7%. Out of the 4,184 stocks traded on the BSE, 1,075 advanced and 2,962 declined on Monday.
Initial public offerings worth USD 20 billion per annum are the “new normal” for India and will become an annualised run rate over the next
India’s mutual fund AUM is projected to surpass Rs 300 lakh crore by 2035, with direct equity holdings expected to reach Rs 250 lakh crore
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