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Flexicap emerges as a hot segment in Rs 11 trn equity MF space
At the end of June, the assets under management in the flexi-cap segment stood at Rs 1.76 trillion, the second highest after the large-cap category. Illustration: Dominic Xavier/Rediff.com The......
Selling pressure in financials drag Sensex down 355 points
IndusInd Bank was the top loser in the Sensex pack, shedding over 3 per cent, followed by Tata Steel, NTPC, Bharti Airtel, HCL Tech, ICICI Bank, M&M and HDFC Bank. NSE Nifty fell 120.30 points to......
Q1 earnings to guide equity markets this week
The first quarter earnings season will dictate the trend in the equity markets in this holiday-shortened week amid absence of major macroeconomic drivers, say analysts. Illustration: Uttam......
Sensex, Nifty end flat after scaling fresh lifetime highs
HCL Tech was the top loser in the Sensex pack, shedding over 3 per cent, followed by Infosys, Bajaj Finserv, NTPC, ICICI Bank and IndusInd Bank. Illustration: Dominic Xavier/Rediff.com Equity......
How RBI's bar on Mastercard impacts Indian banks
The RBI ban is only on fresh issuances, while the existing cards business remains unimpacted. The Reserve Bank of India's (RBI's) move to ban Mastercard from issuing new cards for not complying......
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