Explore Now
MUMBAI: IDFC Mutual Fund on Tuesday bought 675,000 shares or 1.49 per cent stake at Rs 422.5 per share through multiple bulk deals on the National Stock Exchange.
In a separate deal, Kotak Mutual Fund sold 950,527 shares of
Mayur Uniquoters at Rs 422.5 per share through a bulk deal on the NSE. Prior to the stake sale, Kotak MF held 2.44 per cent stake in the company.
Shares of Mayur Uniquoters ended 5.6 per cent higher at Rs 425.05 on the BSE.
In another transaction, Smallcap World Fund bought 859,193 shares of
APL Apollo Tubes at Rs 965 per share through a bulk deal on the BSE.
Synopsis
SBI Mutual Fund, the largest asset manager on Tuesday said that it is targeting to raise up to Rs 2,000 crore from investors through a newly launched scheme which will help create a retirement corpus.
Getty Images
SBI Mutual Fund, the largest asset manager on Tuesday said that it is targeting to raise up to Rs 2,000 crore from investors through a newly launched scheme which will help create a retirement corpus. SBI Retirement Benefit Fund, whose new fund offer got announced on Tuesday is a retirement solution-oriented scheme offering an option of investing as per an investment plan based on risk profile, a statement said.
Read more about SBI Mutual Fund targets to collect Rs 2,000 cr from retirement scheme on Business Standard. SBI Retirement Benefit Fund, whose new fund offer got announced on Tuesday is retirement solution-oriented scheme offering an option of investing as per an investment plan as based on risk profile
Trade setup for Wednesday: Top 15 things to know before Opening Bell
For the next 4-5 sessions, 13,400 is an important support to keep an eye on, says Abhishek Chinchalkar of FYERS. Sunil Shankar Matkar December 16, 2020 / 07:16 AM IST
The market started off the day on a weak note but gained some strength amid consolidation in the afternoon to close flat with a positive bias on December 15.
Benchmark indices ended at fresh record closing highs. The BSE Sensex rose 9.71 points to 46,263.17, while the Nifty50 was up 9.70 points at 13,567.90 and formed a small-bodied bullish candle which resembles a Doji kind of indecisive pattern on the daily charts.
Parikh Long Term Equity Fund is now Parag Parikh Flexi Cap Fund prokerala.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from prokerala.com Daily Mail and Mail on Sunday newspapers.