With the Reserve Bank of India (RBI) asking the administrator of Lakshmi Vilas Bank Ltd (LVB) to write down Tier-2 bonds worth Rs318.20 crore, several investors who bought these bonds are staring at huge loss. Earlier, the RBI has written off entire equity capital of LVB following the...
  • Even though India's economic recovery accelerated in Q2FY21 from the lows of the pandemic-induced lockdown, the country for the very first time since Independence entered into a technical recession.   The National Statistical Office (NSO) data on Friday showed that the Q2FY21 GDP on a...
  • We had mentioned in last week’s closing report that Nifty, Sensex were overbought and may trade sideways. The major indices made all-time highs but underwent correction and ended with minor gains. The trend of the major indices in the week is given in the table:     On...
  • INDIAN MARKET TRENDS From 20th November to 26th November, ML Small-cap Index rose 3%. ML Large-cap Index, ML Micro-cap Index and ML Mid-cap Index rose 2% each. ML Mega-cap Index, the NIFTY and the Sensex rose 1% each.     FUND FLOWS Foreigners: Foreign...
  • Computer Age Management Services Ltd (CAMS) is a mutual funds (MFs) transfer agency with a focus on technology-based solutions. It offers services to alternative investment funds (AIFs) and insurance companies, through service centres, white label call centres, online mobile applications and...
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