Indices up about 1% as China rally loses steam
Due diligence has been mandated for schemes where investors from the same group contribute 50 per cent or more to the corpus before availing the benefits of QIB status
Absolute-return investors must avoid Indian markets in the backdrop of recent developments, especially the stimulus by China, suggests a report by BCA Research
Cement players hiked prices in Sept'24, but had to roll back prices in the South. In the first week of Oct'24, price hikes have again been announced and it remains to be seen if these are sustained
In a show of strength, DIIs have made their three largest single-day purchases in October, injecting liquidity into the market amidst FPIs' exodus
BAFs decline 2.7% on average compared to a 5.4% fall in Nifty 50
The Public Accounts Committee (PAC) is already slated to undertake such a review at its next meeting on October 24
Brent crude futures were down $3.70, or 4.57%, to $77.23 a barrel at 11:21 a.m. CDT (1621 GMT). U.S. West Texas Intermediate futures were down $3.57, or 4.63%, at $73.57 a barrel
The market regulator's mandate on uniform transaction charges or true-to-label norms, exchanges have removed the rebate benefit available to discount brokers in the previous slab-wise rates