scorecardresearchWeekend Wrap: From LIC to Adani Power; Top news and market movers this

Weekend Wrap: From LIC to Adani Power; Top news and market movers this week: 31 March 2023

Updated: 01 Apr 2023, 09:53 AM IST
TL;DR.

  • From top newsmakers to market performance, here's the market wrap for the week ended 31 March 2023.

Mumbai: Pedestrians walk past the Bombay Stock Exchange (BSE) building, in Mumbai, Friday, Jan. 27, 2023. Equity benchmarks Sensex and Nifty plunged over 1 per cent for a second straight session on Friday, Jan. 27, 2023. (PTI Photo)(PTI01_27_2023_000240B)

Mumbai: Pedestrians walk past the Bombay Stock Exchange (BSE) building, in Mumbai, Friday, Jan. 27, 2023. Equity benchmarks Sensex and Nifty plunged over 1 per cent for a second straight session on Friday, Jan. 27, 2023. (PTI Photo)(PTI01_27_2023_000240B)

Top News

1. SEBI, in a circular, extends the deadline for mandatory nomination in existing MF folios from March 31, 2023 to September 30,2023.

2. NPCI, in a circular, introduced an interchange fee of 1.1% on Prepaid Payment Instructions (PPI) above Rs. 2,000 w.e.f. April 01,2023. No charges shall be levied on P2P and P2PM transactions..

3. The government has extended the limit for linking PAN to Aadhaar until June 30,2023.

4. ABSL MF and Axis MF have launched the NFOs for ABSL Crisil Ibx SDL Sep 2028 Index Fund and Axis S&P 500 ETF FoF. Both the NFOs close on April 05.

 

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Kuvera is a free direct mutual fund investing platform. Unless otherwise stated data sourced from BSE, NSE and kuvera.in.

First Published: 01 Apr 2023, 09:53 AM IST