Forex dealers said a higher opening of the domestic equity market supported the rupee but the dollar's strength against some currencies overseas capped the gains
Ability to generate steady cash profits is a prized attribute
911 have been traced by the Securities and Exchange Board of India (Sebi), while the rest of the 402 are not traceable on the bourses
Nifty outlook and few trading ideas by Vaishali Parekh, Research Analyst - Technical Research at Prabhudas Lilladher
Stock calls and outlook on Nifty by Sameet Chavan, Chief Analyst- Technical & Derivatives, Angel Broking
The mutual fund house, which manages assets over Rs 3 trillion, had made a private placement of shares worth Rs 1.5 billion to 140 distributors
The emergence of robo advisors has transformed the landscape of MF distribution over the past few years
Some fund houses were neither able to gather critical mass of assets, nor build a distribution network
Your investment journey will have more ups and downs if you opt for a fund that offers high returns, but is also more volatile
The effort in creating customer awareness through targeted campaigns such as 'Mutual fund sahi hai' has also significantly aided the adoption of mutual funds among retail investors
The latest withdrawal is much higher than outflow of Rs 412 billion, witnessed in entire 2008, during global financial crisis
Brent crude traded around $78 levels, after gaining over 5 per cent during the week
Seek clarity for gains made in IPO share sales
Among sectoral indices, the Nifty Metal index settled 2.8% higher led by a surge in the shares of Jindal Steel & Power, NMDC and Hindalco Industries.
The stock was up 5% to Rs 881, bouncing back 7% from intra-day low of Rs 825 on the BSE.
IDBI Bank had underperformed the market by falling 41% from its recent high of Rs 84 on March 5, 2018, as compared to 3.8% rise in the S&P BSE Sensex till Thursday.
He also said the country has significant foreign exchange reserves
The stock rallied 19% to Rs 333, surging 62% from its Wednesday' low of Rs 206 after Ratnabali Investment and Aditya Goenka bought nearly 15% stakes in agrochemicals company through open market.
Since May 14, the stock gained 13% after the company reported a healthy 25% year on year jumped in its consolidated net profit and 13% growth in revenue in March quarter.
Indian lenders can hardly afford another headwind as they absorb trading losses from the past year's drop in sovereign bonds and continue to battle one of the world's worst bad-loan ratios