Bharat Bond ETF will be made of AAA-rated papers issued by govt-linked firms
The survey also found that almost 86 per cent of brokers consider technology as an important factor for their businesses by 2020 and 79 per cent of them are currently active investors in technology
Shares of Vodafone Idea slumped 9 per cent to Rs 6.66 on the BSE after its chairman KM Birla said the company will shut down if the government failed to provide any relief in wake of the AGR verdict
The Securities and Exchange Board of India (Sebi) in a statement said, it will not take any action on complaints, where it is not able to reach back to the complainants
All that happened in the markets today
The Bombay Stock Exchange (BSE) has sought clarification from Vodafone Idea about Birla's comment
In past one month, M&M has underperformed the market by falling 12 per cent as compared to a marginal 0.33 per cent rise in the benchmark S&P BSE Sensex.
The company has already chalked out a plan to become a majority stakeholder in the express business, its chairman said.
On Thursday, the Reserve Bank of India (RBI) lowered its gross domestic product (GDP) growth forecast for the financial year 2019-20 (FY20) to 5 per cent, from the previously estimated 6.1 per cent.
In the midcap space, HUDCO, RBL Bank, and Indiabulls Ventures declined up to nearly 6 per cent.
In the past one month, the stock has outperformed the market by surging 17 per cent, as compared to a marginal 0.35 per cent rise in the S&P BSE Sensex.
In September, the government slashed the corporation tax rate. He's also eased foreign investment rules in retail, manufacturing and coal mining, & merged 10 state-run banks to create four big lenders
Moody's downgraded the Bank's long-term foreign currency issuer rating to B2 from Ba3, as potentially stressed assets and low loss-absorbing buffers may add pressure to its funding and liquidity.
The decision by the Reserve Bank of India spurred speculation that it has run out of ammunition after slashing rates five times this year.
Here's a look at the top stocks that may hog the limelight today.
NSE on Thursday launched Nifty Bharat Bond Index series, which will track a portfolio of AAA-rated bonds issued by government entities
Till 11,950 is held on the Nifty, one can maintain the long positions however if it breaks one has to reverse the longs to shorts
The benchmarking report would have to be provided along wherever the performance of the AIF is disclosed
Bars Fidelity employee and family members from stock market for allegedly pocketing illegal gains
On September 23, the RBI had imposed regulatory restrictions on the PMC Bank for six months over alleged financial irregularities