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  • News From Press FMCG equity mutual funds rose up to 6% last week

    FMCG equity mutual funds rose up to 6% last week

    Source: Zee Business Aug 21, 2017

    Domestic markets this week recovered after last week's plunge on the back of regulatory body Securities and Exchange Board of India (Sebi) severe steps towards 331 shell companies.

    Indices recorded gains in during the truncated trading week, with benchmark Sensex rising 311.09 to close at 31,524.68, while the broader Nifty garnering 126.60 points to finish at 9,837.40.

    What boost up the sentiments of the investors this week was the ease of geo-political tension with North Korea. However, on the last day of trade, the gains were washed away after the surprise exit of Infosys CEO Vishal Sikka and terrorist attacks in Spain (Barcelona).

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