"Stocks are not terribly expensive"

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» MF investors not too enthused about SEBI's move
» India is not a place to do R&D opines Novartis
» ...and more!
SEBIS REDUCULOUS DECISION
to one hand banning commission to mutual fund distributors and other hand allowing brokers to milk their clients by churning their portfolios, readers seemed rather confused about where the mutual fund industry was heading.
Markets got off to a shaky start today and were languishing deep in the red throughout the session as profit booking took toll. At the time of writing, the Sensex was trading lower by 127 points (0.7%). Losses were seen in energy and banking stocks. The Asian indices were trading mixed at the time of writing while the European indices are trading in the red currently.


A member of the World Bank, International Finance Corporation (IFC), plans to invest US$ 1 bn in India this year. IFC has been increasing its exposure to India in the last couple of years to the point that it is now the entity's single largest investment in any one country. These investments will go towards fostering sustainable economic growth, supporting private sector development, mobilising private capital, and providing advisory and risk mitigation services to businesses and governments.