How mutual funds prepared to ride out market volatility

Mumbai: Indian mutual fund managers say that they were not caught unawares by the sharp volatility in recent days, but had prepared for it by reducing their exposure to small-cap stocks and moving towards blue-chips. According to data from ValueResearch, 29 out of 52 multi-cap funds increased their large-cap stocks’ exposure between September and December, while […]

Sebi prepares the market for Budget 2017

Mumbai: The Securities and Exchange Board of India (Sebi) is likely to impose stricter margin trading rules on budget day to combat potential volatility, said two people aware of the matter, including an official with the regulator. The Union budget is scheduled to be presented on 1 February. Stock markets can become volatile on budget […]

Indian CEOs More Confident About Growth Than Global Peers: PwC

New Delhi: Indian Chief Executives are more confident about their companies’ growth prospects than their overseas peers and the country has been featured among the top five growth markets globally, says a PwC report. According to PwC’s 19th Annual Global CEO Survey (India report), 64 per cent of the respondents are very confident oftheir growth […]