Overseas investors reduced bearish derivative bets on India to their lowest since the West Asia conflict, as a market rebound prompted short position liquidations. The long-short ratio for Nifty futures rose to 22%, indicating a cautious optimism. Further shifts depend on US-Iran talks, earnings, and currency stability.
SBI Funds Management IPO to open today. Check brokerages review, GMP, subscription staus and other details
SBI Funds Management, India’s largest asset management company, will open its Rs 9,813 crore IPO for subscription on Tuesday. The issue will close on July