The move is aimed at ensuring money remains within the scheme, which will provide some cushion to mutual fund unitholders in case of winding up of a scheme
On a weekly basis, Sensex slipped 1.47 per cent while Nifty shed 1.66 per cent
The Supreme Court, during the hearing, indicated that it was not considering a complete waiver of interest but was only concerned that postponement of interest shouldn't accrue further interest on it.
All that happened in the markets today
The company's revenue also declined 35 per cent on a YoY basis to Rs 9,004.72 crore
The bonds carry a coupon rate of 8.75 per cent per annum and have tenure of 18 months, said the Kerala based non-banking finance company
The stock moved higher by 3 per cent to Rs 1,579, bouncing back 6 per cent from the day's low of Rs 1,495 on the BSE.
For May, Eicher Motors reported a 69 per cent year-on-year (YoY) drop in Royal Enfield sales at 19,113 units.
The financially distressed Vodafone Idea has paid Rs 6,854 crore of its dues, of the Rs 58,254 crore-demand raised by the DoT. The company's own assessment, however, pegs the dues at Rs 21,533 crore
The stock hit a 52-week high of Rs 667. It has rallied 15% in the past four trading days, as compared to a 3.9 per cent decline in the S&P BSE Sensex.
One of the stocks has been locked in 5 per cent upper circuit on the BSE for 14 straight sessions
At current levels, it is time to be overweight on equities
In the midcap index, Bajaj Holdings, Tata Consumer Products, Bharat Forge, and Indraprastha Gas (IGL) were the top contributors to the index's fall
As markets realise that it will take a long time for the economy to revive and things coming back to normal, they will drift lower.
The stock hit a new high of Rs 926 today, zooming 5400% since its re-listing on January 27, 2020.
Pharma stocks provide a good hedge as the markets slip from recent highs. For the Sensex, 32,400 level remains key
Nifty Bank, Nifty Private Bank, Nifty PSU Bank and Nifty Financial Services indexes were down in the range of 3 per cent to 4 per cent
Here's a look at the top stocks that may remain in focus today
The SC has not dictated the telcos to pay the dues right away, which shows its flexibility on the matter
The SGX Nifty is down more than 300 points, indicating a gap-down open at around 9,540 levels