Resident Indians can only invest in FPIs whose exposure to India is less than 50% while total subscription by non-resident Indians (NRI) cannot exceed 50% of a fund corpus.
Indian benchmark indices ended flat on December 26 as FMCG and bank losses offset auto gains. Expert Satish Chandra Aluri predicts sideways consolidation, citing cautious
Shares of the newly-listed International Gemmological Institute (IGI) surged 10% to hit the upper circuit and a new high of Rs 580.45 on the BSE,
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