Asia Bizz

NFO will enable investors to be a part of the India Growth Story IDBI Asset Management Ltd. (IDBI AMC), a  wholly-owned subsidiary of IDBI Bank Ltd,  has launched its first new fund offer (NFO) for the Indian investors – ‘IDBI NIFTY Index Fund’. According to reports, this fund will give investors diversification across 50 stocks [...]

Indian shares snapped a two-day falling streak to close 0.8 percent higher on Saturday buoyed by overnight gains on Wall Street, but BSE investors remained cautious about European debt and the global recovery. The Bombay Stock Exchange benchmark Sensex resumed higher by 142 points and touched an intraday high of 15,951.07 points before ending at [...]