Shares of major AMCs and capital market firms slumped up to 10% on Wednesday after SEBI proposed a major revamp of mutual fund fee structures. HDFC AMC fell 6.4%, Nippon Life India AMC 7%, and Nuvama Wealth 9%, as investors reacted to potential cuts in expense ratios and brokerage commissions under the new proposal.
Naredco partners with realty portal Magicbricks for research, market intelligence in property sector
Realty body Naredco has partnered with Magicbricks to boost data analytics, research, and market intelligence. This one-year pact will see Magicbricks act as a knowledge