Markets regulator Sebi on Wednesday cancelled the registration of 18 investment advisers for failing to pay renewal fees, a statutory requirement under its regulations.
Five mutual fund NFOs and one SIF are set to open for subscription this week, offering investors fresh opportunities across index, ETF and thematic categories.
Nifty 50 traded within a narrow range, closing slightly higher amid rising volatility and weak momentum indicators. Markets remain in consolidation, with key resistance and
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