The week ended July 12 witnessed a big rally in sectors like railway, defence, shipbuilding companies and fertilizers, ahead of the Union Budget which is scheduled on 23rd July.The week also witnessed a jump in tea and rice stocks given the rising prices due to heat and flooding for the former and easing of export restrictions for the latter.Here is a list of top 10 BSE 500 stocks that gained over 10% this week:
Sebi relaxes re-KYC process for NRIs; removes physical presence clause
Markets regulator Sebi on Wednesday eased the re-KYC process for Non-Resident Indians (NRIs) by removing the requirement for them to be physically present in India