Currently, SBI holds 63% stake in SBIFMPL and the 37% stake is held by AMUNDI Asset Management through a wholly-owned subsidiary, Amundi India Holding
In opening trades, Sensex slipped 125 points or 0.22% to 57,991. Similarly, Nifty was quoting at 17,304 declining 20 points or 0.12%.
The Fed will conclude its two-day policy meeting on Wednesday later, and central bank Chair Jerome Powell is set to speak at a press conference.
Religare Broking is bullish on PI Industries with a price target of Rs 3,050 per share.
The excise duty on petrol rose from Rs 19.48 per litre as on October 5, 2018 to Rs 27.90 a litre as on November 4, 2021
With regard to nomination by holders of physical securities, Sebi said nomination form will be sent out to the security holder accounts in two phases
Employers in the north report the strongest hiring intentions for January-March quarter followed by south and west
ADB said South Asia is forecast to grow at 8.6% in 2021, compared with the September's forecast of 8.8%
India's merchandise exports in April-November 2021 was $262.46 billion, an increase of 50.71% over $174.15 billion in the same period last year