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AMC will follow an active investment style supported by in-house research.
In the broader market, profit-booking was observed, with the BSE Smallcap index trading flat and the BSE Midcap down by 0.3%.
Recommendation: Buy; Target price: ₹1450
Sheetal Agarwal of IIFL chatted with management of Azad Engineering, whose IPO will open on December 20.
Subsidiaries of the financially troubled financial services company include RGIC and RNLIC.
Here are some of the stocks that may see significant price movement today.
News reports said that the bank informed staff of the changes in a memo late on Sunday.
RHI Magnesita India Ltd declared a dividend of Rs 2.50 per share, scheduled for distribution on October 28th

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