The country's six largest smallcap schemes would require more than 20 days to liquidate half of their holdings, despite most of them maintaining high cash levels and having considerable exposure to more liquid largecap stocks, stress tests conducted by fund houses reveal. For midcap funds, the time required to sell half of the assets of the top six schemes varies between seven and 34 days, according to disclosures made by asset management companies. The Securities and Exchange Board of India (Sebi) had called for such tests in the face of strong inflows into smallcap and midcap funds, despite concerns over high valuations, to keep investors better informed.
Drag-flicker Sandeep Singh and forward Shivendra Singh were the notable omissions in a list of 48 Indian probables announced on Tuesday for next month's Asia Cup in Malaysia.
Wrestler Sandeep Tomar secured an Olympic quota place for India in the men's 57kg freestyle category with a bronze-medal finish on the final day of the 1st World Olympic Qualifying tournament in Ulaanbaatar, Mongolia.
The apex court directed the CBI, which is already probing the case, to file its status report in the matter within three months.
"I owe it to Veer Savarkar, to his spirit, to his legacy and to his untold story so that I tell it well and it reaches people, and people absorb it and feel what he went through and all the sacrifices that he made, which have been brushed under the carpet."
The duo emerged best in the under-18 category in the junior AITA Talent Series.
Indian swimmer Sandeep Sejwal qualified for the 2012 London Olympics after clocking 1:02.62sec in the 100m Breaststroke event at the FINA World Championships in Shanghai.