Overseas fund managers are exhibiting their most bullish sentiment towards Indian equities since July, significantly reducing bearish wagers in Nifty futures. This shift follows a recent market bounce, bringing indices close to all-time highs. Foreign portfolio investors have also turned net buyers in October after substantial September sales, potentially fueling further gains.
Sebi proposes changes to simplify nomination rules
Sebi has proposed simplifying nomination rules for demat accounts and mutual fund folios, making it the default option for new investors. This change aims to