This type of arrangement also benefits private U.S. investors who may not be able to buy Indian stocks directly. Instead, they can invest in the mutual fund and take part in the high-growth potential. The mutual fund, which would be an FII, would have to ensure that it meets all of ...
It is the oldest one in Asia, even older than the Tokyo Stock Exchange, which was established in 1878. It is a voluntary non-profit making Associations of Persons (AOP) and is currently engaged in the process of converting itself into demutualized and corporate entity. It has evolved over...
The reason for the rise in the stock market last week is the good results presented by companies like ICICI Bank, Federal Bank and L&T. Apart from this, the market has also got support from strong domestic economic data. India's fiscal deficit in the April-September period of the current...