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SEBI in a circular has clarified, existing mandates used for mutual transactions can continue to remain in the name of OTM holders. Additionally, Two-Factor Authentication via an OTP on unitholder’s email/phone shall be used for redemption orders.
India’s direct tax collections jumped by 48% to Rs 13.63 lakh crore till March 15 compared to Rs 9.24 lakh crore for F.Y. 20-21.
The US Federal Reserve raised the interest rates by 25 basis points to a target range of 0.25% to 0.5%, the first increase since 2018.
HSBC AMC has launched the NFO for HSBC Crisil Ibx 50:50 Gilt Plus SDL Apr 2028 Index Fund. The NFO closes on March 28.
Index Returns
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Best Performers
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Worst Performers
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Bought and Sold
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Most Watchlisted
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Data Source: NSE, BSE & Kuvera.in
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This market update was initially published by Livemint.
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