Sebi came out with a consultation paper on Tuesday for introducing disclosure norms for ESG mutual fund schemes. The move aimed at ensuring that ESG-focused mutual fund schemes remain true to label.
“...if GREED & fear had to own one stock market globally for the next ten years, and not be able to sell it during that period, that market would be India,†Wood said in his newsletter GREED & fear released on Friday.
"Liquidity is certainly a big factor in the rally, but liquidity has also created really strong performance in a lot of companies."
Vi’s decision comes on the back of a relief package announced by the government in the middle of September. It included a four-year moratorium on adjusted gross revenue (AGR) and spectrum payments, reduced BGs and the option to convert statutory dues to government equity.
The Nifty50 index ended 1 per cent lower at 17,671.65 points, while the BSE-Sensex closed at 59,306.9 points, down 1.1 per cent. Today’s heavy selling follows the near 2 per cent drawdown in the benchmark indices on Thursday.
"The power prices in the Exchange electricity market- the Day-ahead and the Real-time market have witnessed a significant correction in the last 7 days supported by measures initiated by the government to address the various supply-related challenges," an IEX statement said.
“Collectively good disbursement, good collections, reversal of delinquent accounts, consumer sentiments remaining positive and the branches all opening up and being able to meet customers were the reasons for the outcome.â€
Nifty50 is almost vertically down by 1,000 points in last eight sessions and hence a pullback attempt can’t be ruled out, provided the index continues to defend its 50-day moving average, said Mazhar Mohammad of Chartviewindia.in.
Rashesh Shah, chairman of Edelweiss Group, told PTI on Friday that had it not been for the Rs 60-crore loss from the insurance verticals (Rs 30 crore each from each insurance business) net income would have been Rs 113 crore.
The show has its own brand of cryptocurrency, named SQUID, which has astronomically rewarded investors with a super strong rally of up to 30,000 per cent, and that too in just a few hours.
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