Share Market Highlights: Nifty settles above 17500, Sensex down 130 pts; Bank Nifty ends above 40000, FMCG, Metal gain

Share Market News Today | Sensex, Nifty, Share Prices Highlights: Domestic indices ended Thursday’s session marginally lower. The NSE Nifty 50 fell 43.05 or 0.25% to 17,511.25 and BSE Sensex plunged 139.18 pts or 0.23% to 59,605.80. Bank Nifty rose 5.65 pts or 0.01% to 40,001.55. The top gainers on Nifty were Hindalco, Coal India, […]

Sebi diktat on AIFs may hit Cayman, UAE flows

The increased regulatory scrutiny on foreign investment in alternative investment funds (AIFs) could impact flows from Cayman Islands and the UAE, which are currently on the grey list put out by the Financial Action Task Force (FATF), a global watchdog that combats money laundering and terrorist financing. Currently, Indian AIFs get an estimated 10-15% from […]

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