Under the current RBI rules, domestic MFs can invest up to $7 billion in overseas stocks, and an additional $1 billion in exchange-traded funds
Posts tagged BL
IPO objects for raising fresh capital under SEBI lens (07-02-2024)
The regulator has expressed its displeasure over companies opting to raise money largely for debt repayment
Rupee rises 9 paise to close at 82.96 against US dollar (07-02-2024)
The dollar index, which gauges the greenback’s strength against a basket of six currencies, was trading 0.17 per cent lower at 104.04
Sensex, Nifty erase gains as IT drags; RBI Monetary Policy in focus (07-02-2024)
The NSE Nifty 50 index settled 0.01% higher at 21,930.50, while the S&P BSE Sensex dropped 0.05% to 72,152
Crude oil rises as EIA forecasts steady US production (07-02-2024)
The energy body forecasts output to return to almost 13.3 million barrels a day in February but decrease slightly through mid-2024
Suraj Estate Developers launches residential project ‘Suraj Lumina’ in Mumbai; stock rises (07-02-2024)
The project comprises 35 units, including both 2BHK and 3BHK configurations, with a total saleable carpet area of 22,376 sq ft
Rupee rises 2 paise to 83.03 against US dollar in early trade (07-02-2024)
At the interbank foreign exchange, the rupee opened at 83.03 against the dollar, registering a gain of 2 paise over its previous close.
Godawari Power stock rose over 3% (07-02-2024)
Godawari Power & Ispat’s stock rose on NSE after receiving environmental clearance for capacity expansion and approval for a new steel plant
Nippon India MF launches Nifty IT and Nifty Bank indices (07-02-2024)
The New Fund Offers will close for subscription on February 16.
Nifty, Sensex to see flat-to-positive opening (07-02-2024)
All eyes on RBI meet outcome