Motilal Oswal Mutual Fund has discontinued subscriptions in its Nifty Microcap 250 Index Fund following consultations with SEBI, citing the absence of a defined microcap category. The move impacts fresh investments, SIPs, and STPs, while existing terms remain unchanged.
West Asia tensions rattle capital goods stocks; L&T, KEC slide
Engineering and capital goods stocks are under pressure due to the Iran-Israel conflict, with the BSE Capital Goods index falling nearly 4%. Companies like Larsen