Business

MSCI index exit erodes $10 billion in M-CAP of Adani Group

Msci Index Exit Erodes $10 Billion In M Cap Of Adani

[ad_1] Adani Group shares have lost $10 billion in the last one week. This comes after two listed companies of the group were dropped from the MSCI India index, leading to a selloff in the group’s shares. Two Adani group companies, Adani Total Gas and Adani Transmission, will be delisted …

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Buying support in the stock market halted the fall

Buying Support In The Stock Market Halted The Fall

[ad_1] After three consecutive days of decline, the Indian stock market saw a boom. The market improved due to buying at low prices. In which the benchmark Sensex closed at 61,730 with a gain of 298 points, while the benchmark Nifty closed at 18,203 with a gain of 73 points. …

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SEBI proposes uniform total expense ratio for mutual funds

Sebi Proposes Uniform Total Expense Ratio For Mutual Funds

[ad_1] Capital markets regulator SEBI on Thursday proposed a uniform total expense ratio (TER) for all mutual fund schemes. The purpose of doing this is to bring transparency in the charges levied on the unit holder. Currently, SEBI allows asset management companies to levy four other types of charges in …

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2000 rupee note ban: Ban of ‘two thousand’

2000 Rupee Note Ban: Ban Of 'two Thousand'

[ad_1] The decision to withdraw currency notes in India has an indirect political connection. In the Emergency imposed by Indira Gandhi and the subsequent elections of 1977, the Janata Party formed a Khichdi government and Gujarati Morarji Desai became the first non-Congress Prime Minister. Expressing deep displeasure against the previous …

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Sensex rises 298 points to reach 61730

Sensex Rises 298 Points To Reach 61730

[ad_1] Mumbai: The confidence of the Biden government to resolve the issue of raising the debt ceiling in the United States and the Hindenburg case on the Adani Group, the Supreme Court-appointed probe panel said there was no evidence of any wrongdoing by the group. Today, the Adani group has …

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