BSE Sensex and NSE Nifty 50 were trading flat with a negative bias on Tuesday, dragged by losses in index heavyweights such as HDFC Bank, Housing Development Finance Corporation (HDFC),…
Rupee to depreciate further this week till 78.80 amid persistent FII outflows; USDINR to trade in this range
Rupee depreciated in the week amid unabated foreign fund outflows. Meanwhile, sharp downsides were restricted due to ease in crude oil prices Dollar index depreciated amid weak economic data and…
Sebi revises threshold for adjustment in derivative contracts post dividend announcement
Capital markets regulator Sebi on Tuesday came out with new adjustment rules for dividends in Futures and Options (F&O) scrips. “It has been decided that the adjustment in derivative contracts…
FPIs take out over Rs 4,000 crore from equities in July so far; pace of selling slows
Foreign investors continue to desert Indian equity markets and have pulled out over Rs 4,000 crore this month so far amid steady appreciation of the dollar and rising interest rates…
Axis MF sees securities law breach by 2 fund managers
Axis Mutual Fund said on Tuesday there are “strong reasons” to believe that Viresh Joshi and Deepak Agrawal, the two fund managers who were sacked by the company in June,…