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Since inception, Motilal Oswal Mutual Fund (Motilal Oswal) wanted to be different. In its first avatar, it launched an exchange-traded fund (ETF) based on the concept of fundamental index, created specifically for the purpose, called MOSt50. We had reviewed this fund and expected it to do...
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We had mentioned in Tuesday’s closing report that Nifty, Sensex were directionless. The major indices suffered a correction. On the NSE, there were 441 advances, 1,341 declines and 331 unchanged. The trends of the Indian stock markets in the course of Wednesday’s trading are given in the...
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Since the Delhi High Court's rejection of the anticipatory bail plea of P. Chidambaram for alleged money laundering and corruption related to INX Media, the CBI and the ED are searching for the former Home and Finance Minister, trailing his last mobile phone location and using CCTV...
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Market regulator Sebi on Wednesday eased the rules for foreign portfolio investors (FPI) doing away with the broad-based eligibility criteria for FPIs and announced that the registration for multiple investment manager structure would be simplified.   FPIs will now be re-categorised...
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In a setback to former Finance Minister P. Chidambaram, his petition challenging the Delhi High Court rejection of anticipatory bail has not been listed before a Supreme Court bench.   A battery of lawyers for Chidambaram headed by senior advocate Kapil Sibal has been trying since...
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