In 5 years, the AMC has clocked a growth rate of 40% with its AUM up nearly 4 times.
Investors cheered a sharp decline in the Current Account Deficit, which stands at a 4 year low as exports picked up and gold imports reduced.
Sensex ends 134.91 pts down at 28,709.87; Nifty falls 44.70 pts at 8,712.05.
The assumption clearly was that project execution timelines would be adhered to and revenues would flow in as scheduled.
