Sebi lets AMCs provide advisory services to all FPIs at IFSC

By Siddhant Mishra The Securities and Exchange Board of India (Sebi) on Friday said asset management companies can now provide management and advisory services to all foreign portfolio investors (FPIs) operating out of the International Financial Services Centres (IFSCs) and regulated by the International Financial Services Centres Authority. As regards investment in equity and equity […]

Equity indices shed over 1% amid weak global cues

The benchmark indices retreated more than 1% on Wednesday amid weak global cues and volatility on the monthly futures and options (F&O) expiry day.Traders liquidated their positions ahead of the Adani Enterprises FPO while migration from T+2 to T+1 settlement for bluechip companies starting Friday led to some offloading, said experts. The BSE Sensex fell […]

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