The three individuals -- Suresh Venkatachari, R S Ramani and Gurumurthi Jayaraman -- have also been restrained from associating themselves with any Sebi-registered intermediary till further orders
The latest bout of outflows come amid a sharp surge in the equity markets
Asked to re-verify clients and check order locations, following reports of tax evasion
Annual ETF investments of nearly Rs 36,000 cr on average since 2019-20
Set to approach Sebi, finance ministry for clarification
Gold Exchange Traded Funds (ETFs) witnessed a net outflow of Rs 457 crore in July as investors parked their money in other asset classes as part of their portfolio rebalancing strategy.
The official website, bseindia.com states that August 9 will be a market holiday, which would mean that there will be no trading in equity segment, equity derivative segment and SLB degment
New-age tech companies have reported good June quarter results. But analysts believe it will be a long road to recovery for their respective businesses. Is this the right time to own these stocks?
Analysts have lowered their earnings estimates, but have 'buy' recommendations for several stocks
Shares of Zomato gained 2 per cent to close at Rs 55.6
The EPFO invests 85% of the funds in debt instruments and 15% of the investment is made in ETFs, as per the investment pattern notified by the government
The domestic currency closed at 79.65 per US dollar against 79.25 per dollar at previous close
'The wealth management market in India is becoming highly competitive with digital disruption and increasing need for personalised client engagement'
The common thread, however, that runs across most brokerages is Zomato, where they suggest buying the stock with the one-year target price ranging between Rs 60 - 115
Opening up India's corporate bond market is an important part of Prime Minister Narendra Modi's pledge to almost double the size of the economy to $5 trillion by 2025
In their brokerage notes, they highlighted Paytm's strong growth in revenue and contribution margins during the quarter in addition to sharp improvement in net payment margins
SBI Q1: The country's biggest state-owned lender reported a net profit of around Rs 6,070 crore (down 7 per cent year-on-year) with the miss being driven by 13 bps sequential decline in NIM
CLOSING BELL: Coal India, M&M, Bajaj Finserv, HDFC Bank, Hindalco, Axis Bank, NTPC, L&T, HDFC, Dr Reddy's Labs, RIL, IndusInd Bank, and Apollo Hospitals were the top gainers on the 50-pack index today
On July 28, 2022, Bajaj Finserv's board had approved 1:1 bonus issue and 1:5 stock split.
So far in this calendar year, BPCL and HPCL have tumbled 13 per cent, and 14 per cent, respectively. However, frontline indices Nifty50 and the S&P BSE Sensex have remained flat during the same period