Effectively seeking to end the tenure of Ajay Tyagi, chairman of Securities and Exchange Board of India (SEBI), the finance ministry, in a quiet move has invited applications to fill up the post.
An order issued on 24 January 2020 by the economic affairs division of the Finance...
We had mentioned in Friday’s closing report that Nifty, Sensex will continue to rise on inflows. The major indices suffered a major correction. On the NSE, there were 729 advances, 1,067 declines and 377 unchanged. The trends of the major indices in the course of Monday’s trading are given in...
INDIAN MARKET TRENDS
For the period from 17th January to 23rd January, ML Large-cap Index ended flat. The Sensex, the NIFTY, ML Mega-cap Index, ML Mid-cap Index and ML Small-cap Index fell 1% each. ML Micro-cap Index fell 2%.
FUND FLOWS
Foreigners:...
Axis Mutual Fund (MF) has launched a new equity-oriented scheme that would invest in companies demonstrating sustainable practices across the ESG (environmental, social and governance) theme. This will be the third open-ended equity scheme in the industry following the ESG...
There is an increasing interest in pharma companies over the past few weeks, those that are in some kind of niche and / or have some unique features. Natco Pharma, Ajanta Pharma, Alembic and a few others have moved up. As part of this sector, Eris Lifesciences (Eris) has some unique features...
