Move aimed at avoiding crowding of public issues during the Centre's mega disinvestments in coming months.
After touching a high of Rs 32,01/10g in October 2013, gold prices fell to a low of Rs 26,900/10g in June
The new iPhone siblings will be available in India about a week before Diwali, the country's biggest festival.
Buoyed by the success of secondary market, IPO market set to see high action
Price correction over post-election peaks could throw disinvestment calculations awry.
Automobile sector accounts for the third-highest equity mutual fund contributions.
Move aimed at boosting retail investor participation in disinvestment.
Such schemes try to exploit an anomaly in taxation, but aren't in violation of laws, experts say.
Money flowing into the equity schemes of mutual funds is back at a level last seen before the 2008 financial crisis, when the stock market tanked 60 per cent.
Stocks such as NIIT, Punj Lloyd, Gati, Welspun India and BEML are favourites of the trading community.
One should base the decision on one's potential liability under the new tax rules.
Rules applicable from April 1, 2014; investors who have already redeemed will also have to pay tax
Though India has been one of the best-performing markets in the last two months, it has lagged some of its emerging market peers such as the Philippines, Thailand and South Africa.
Though the sum was nowhere close to the big-ticket monthly purchases seen during the 2004-2008 bull run, it is significant, as it confirms the reversal of a selling spree that began in September 2013.
Time for approving new fund offers down from 6 months to 2 months; MFs have mobilised Rs 4,000 crore from nearly 30 equity NFOs since October last year.
A Balasubramanian tells Business Standard that the sector will see one of its best phases in the coming five years.
HDFC Equity, the largest equity fund, also managed by Prashant Jain, with a corpus of Rs 10,445 crore, has 9.4 per cent of its assets in SBI.
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Firms with low promoter holding may get to buy shares from secondary market.
Equity markets are currently difficult to gauge as the market has probably priced in a lot of things ahead of actual events.
The majority have stayed away from getting into cash handling.
