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Sanctum Wealth Management

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  • Business

Wealth managers advise clients to reduce their exposure to smallcaps

The froth in the small and midcap (SMID) space is limited to a few pockets, but regulatory scrutiny could lead to sustained volatility, observe India’s top-drawer wealth managers.......

FPIs dump shares with record net outflow of Rs 1.2 lakh cr in 2022

After three consecutive years of infusing huge funds, foreign portfolio investors retreated from the Indian equity markets in a big way in 2022 with the highest-ever yearly net outflow of nearly Rs......

FPIs withdraw Rs 12,300 cr from equities in April

Fears of an aggressive rate hike by the US Fed continue to dent investor sentiments with foreign investors pulling out nearly Rs 12,300 crore from the Indian equity market so far this month.......

Four IPOs to hit markets; aims to garner Rs 14,628-cr

The buzz in the IPO market continues with four companies launching their initial share sales this week to raise over Rs 14,628 crore collectively. Illustration: Dominic Xavier/Rediff.com This......

Is this a good time to invest in gold bonds?

You also avoid capital gains tax during redemption in case the gold price is higher, making them tax efficient. With the Reserve Bank of India announcing Series-I of the sovereign gold bond (SGB)......

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