BSE Sensex, the benchmark index hit its all-time high on Monday, led by positive signals as the results of the US elections sparked risk appetite globally. Sensex was at 42,417.35, 524 points higher, while Nifty was at 12,427 in the opening session. This past week was remarkable for the equity …
Read More »Small and Mid-Cap Shares Prepared for Earnings of ₹ 40,000 Crore After Sebi Modifies Multi-Cap Fund Rules
India’s mid-cap and small-cap stocks will get a boost after the regulator changed the rules for multi-cap mutual funds, a move that analysts say could boost around Rs 400bn ($ 5.4bn). ) to the general market. Multi-cap funds must hold at least 75% of their assets in stocks, compared to …
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