Indian market anticipates a positive trading session on Tuesday. This is due to encouraging global signals. Nifty futures saw a dip on Monday. Volatility increased as India VIX rose. Option data suggests a trading range. Experts recommend buying Divi’s Laboratories, Dixon Technologies, GAIL India, and ICICI Prudential Life. Foreign and domestic institutional investors showed caution on Monday with net selling.
Sebi clears PRIM route for PMS players to invest in mutual funds, SIFs; Rs 25 lakh minimum ticket
Sebi’s board approved PRIM, allowing portfolio managers to invest client money in direct mutual fund plans, ETFs, index funds and SIFs. The new route carries