Sebi has clarified norms for excusing or excluding investors in alternative investment funds (AIFs) from participating in certain investments. In a circular, the regulator laid out certain conditions, by way of which AIF investors may be exempt from certain investments. One instance would be if the investor — based on the opinion of a legal […]
NSE’s banking indices Bank Nifty and Nifty PSU Bank tanked in trade on Friday, following Wall Street cues. Bank Nifty sank up to 1.8%, touching a day’s low of 40,390 while Nifty PSU Bank tumbled more than 2%. As the banking sector indices slipped, market experts recommended strategies and shares to buy to make the […]
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