Weekend Wrap: From JSW Energy to Indian Overseas Bank, top news and market movers this week: 29 September 2023

Top News

• SEBI in a circular extended the deadline of September 30 to December 31, 2023 for MF unit holders to compel nomination or opt out by declaration; else, the folios shall be frozen.
• The output of eight core industries rose to 12.1% in August 2023 compared to 4.2% in the same month last year marking a 14-month high.
• BSE Star MF recorded an all-time high monthly transaction of 3.37 crore in September 2023.
• UTI AMC, Kotak AMC and Bandhan AMC have launched the NFOs for UTI Innovation Growth Fund, Kotak Nifty G Sec July 2033 Index Fund and Bandhan Retirement Fund. The NFOs closes on 9th Oct, 9th Oct and 12th Oct respectively.

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