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The Category II AIF – IIFL Special Opportunities Fund – Series 8 will look to partner tech startups - leaders in monopolistic or duopolistic play - headed for IPOs or those in late stage of growth, said Chetan Naik, executive vice president, Fund Manager, IIFL Asset Management (IIFL AMC), in an interview with ET.
Nifty’s golden crossover indicates further gainsA Golden Cross is formed when a stock or an index’s 50-Day Moving Average (DMA) crosses above its 200-DMA — a crucial long-term trend indicator.
from Stocks-Markets-Economic Times https://ift.tt/3gxTagE
… Read MoreAsian stocks near 2-year high as virus treatment hopes lift moodMSCI's broadest index of Asia-Pacific shares outside Japan rose 0.3% to its highest since early January and sits just a fraction below a two-year high.
from Stocks-Markets-Economic Times https://ift.tt/3lfCtKl
… Read MoreStocks in the news: Axis Bank, Max Financial, Bharti Airtel, Allcargo Logistics, Future Retail, Ircon and ICICI BankAxis Bank now proposes to buy 17 per cent stake in Max Life Insurance, instead of 29 per cent earlier, the lender and Max Financial Services,
from Stocks-Markets-Economic Times https://ift.tt/3jcjcrc
… Read MoreAsia’s best-performing stock market is just getting startedThe nation’s central bank has been among the most aggressive globally in cutting interest rates this year to cushion the economy amid the coronavirus pandemic. That has reduced the double-digit returns from fixed income and … Read MorePay 6% interest on flat’s cost for delay: SC to buildersThe Supreme Court on Monday said builders must pay homebuyers annual interest on the cost of the flat for the period of delay in delivery, in addition to the meagre monthly per square foot penalty mentioned in the apartment b… Read More
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