The Scheme would invest in stocks constituting the NIFTY Smallcap 250 Index (TRI) in the similar proportion (weightage) as in the Index and endeavor to track the benchmark index.
Foreign Portfolio Investor (FPI) flows have been a key driver of the trajectory of Indian stock markets.
US jobs data for March indicates to further weakness in US economy.
For a long time, the Warren Buffett annual newsletter has been considered the gold standard in stock market analysis. If ever there was a close equivalent in the banking sector, it is the annual letter to shareholders by Jamie Dimon.
On a bi-monthly basis, the RBI releases the results of its forward looking surveys.
Emerging markets today are faced with a strange dilemma (actually trilemma) today. They need to address the very sticky troika of high inflation, depreciating currencies, and stagnant growth.
The issue, which opened on April 3, will close today. The price band for the issue is set at Rs 415-436, and investors can bid for 34 shares in 1 lot and multiples thereof.
While the growth forecast has been tempered down, however, the RBI’s measured stance should improve India as an investment destination.
The IPO comprises a fresh issue of shares up to Rs 324 crore and an offer for sale (OFS) of up to Rs 545 crore by promoters and selling shareholders.

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