Wed, Feb 21, 2024 12:28 PM
Mid-day Mood | Nifty, Sensex trade flat as IT, Media stocks drag!
A Flip by Avya Verma
Benchmark indices Nifty and Sensex held steady in positive territory, though gains were trimmed as a dip in bank stocks weighed on the indices. However, strength in auto, pharma, and FMCG stocks kept the market in the green. As the year draws to a close, trading volumes remain thin as investors now look forward to the new year.
Open Flip
Enlighten Angel Fund has announced it has received SEBI approval to operate as an Alternate Investment Fund (AIF).The fund has launched its maiden fund of Rs 200 crore, which includes a Rs 100 crore greenshoe option. It will focus on emerging technologies and disruptive startups, aligning with the country's vision for sustainable growth.
Open Flip
Manmohan Singh, the trailblazer of new economic policy (NEP) reforms is no more. In 1991, Indian economy was opened up, from the suffocating autarky, under the able guidance of then Finance Minister Manmohan Singh.From a pathetic forex level, insufficient to finance a few week of imports, India did take off towards liberalisation, globalisation and privatisation under his term as finance minister.
Open Flip
