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Fidelity launches special situation fund

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Assets of tax-saving MFs show lower erosion than equity funds

But, firm asset base of ELSS due to markets gains, not money inflows

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Market News

Vietnam pepper exports crossed 110,000 tones

Whereas India could hardly managed to export only 9,500 tones of pepper during the period

Markets extend losses; RIL slumps over 2%

The S&P BSE Sensex slumped over 150 points at 26090 level while the CNX Nifty dipped over 50 points at 7,773 level

Pharma shares in demand; Healthcare index hits new high

Sun Pharma, Ranbaxy, Dr Reddy's Lab, Lupin, Glenmark, Wockhardt and Cadila Healtchare gained 1-8% on BSE.

Indian bond market to touch $160 billion by 2018: Morgan Stanley

Expects India to be the second largest issuer behind China in Asia

Sensex down over 200 points; Tata Motors, RIL dip 3%

Investors booked profits at higher levels after gains in the previous eight sessions

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