During the auction, the government stock up to 10 per cent of the notified amount of the sale of each stock will be allotted to eligible individuals and institutions. The allotment will be subject to a maximum limit of one per cent of its notified amount for a single bid per stock as per the scheme for non-competitive bidding facility. Individual investors can also place bids as per the noncompetitive scheme through the Retail Direct portal.
Muted June quarter ahead, September may offer some relief: Dinshaw Irani
Helios Mutual Fund’s CEO, Dinshaw Irani, anticipates a dull June quarter with potential for an uptick in September, driven by interest rate cuts. While power