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Nifty 50: Rich Indians favorite stocks faring better in new virus wave

Explore Now In the booming $2.9 trillion equity market of virus-ravaged India, following the rich is proving to be a safer strategy. The year-to-date return of Bloomberg Intelligence’s custom basket of 30 stocks favored by wealthy individual investors is about 8 per cent higher than that of the National Stock Exchange of India Ltd.’s benchmark Nifty 50 Index, according to data compiled by Bloomberg. These shares that include the likes of Bharat Heavy Electricals Ltd. started outpacing the Nifty 50 Index at the end of March, just days before a new wave of coronavirus infections made the Asian nation a global hotspot for the pandemic. Since then, the outperformance has widened even as the pace of infections slowed and the Nifty gauge neared a record high.

NSE Academy signs MoU with Bharathiar University, Coimbatore, Tamilnadu

May 19, 2021 Mr. Hari K, Chief Business Officer, National Stock Exchange of India Ltd. said: “Financial well-being is a key motto of NSE as there is a high need for people to know more about the markets. NSE has been playing a pivotal role with the help of technology and tools in supporting and providing a learning platform for this purpose. This association between NSE Academy and Bharathiar University will bring about significant change in the education space and provide the learners with high quality content and specific skills for the students.” On this occasion, Prof P. Kaliraj, Vice Chancellor, Bharathiar University said: “There is a need for educating and transforming the students in such a way that their skills could be useful for the industry who in turn can sensitize and bring the first-time investors and develop the equity saving culture among the investors. We are glad to collaborate with NSE Academy to establish this Centre of Excellence for Capital Markets. The

Subscription for 1st tranche of Sovereign Gold Bonds 2021-22 from May 17

Subscription for 1st tranche of Sovereign Gold Bonds 2021-22 from May 17 ​ By IANS | Published on ​ Wed, May 12 2021 22:21 IST | ​ 3 Views   Subscription for 1st tranche of Sovereign Gold Bonds 2021-22 from May 17. Image Source: IANS News New Delhi, May 12 : The Centre has issued the schedule for the Sovereign Gold Bonds Scheme 2021-22 and the subscription for the first tranche of the scheme will open on May 17. The overall issuance will be done in six tranches from May September. The Government of India, in consultation with the Reserve Bank of India, has decided to issue Sovereign Gold Bonds. The Sovereign Gold Bonds will be issued in six tranches from May 2021 to September 2021, said an official statement.

Arun Raste named new MD and CEO of NCDEX

Arun Raste named new MD and CEO of NCDEX ANI | Updated: Apr 26, 2021 11:25 IST He is currently Executive Director of National Dairy Development Board (NDDB) as an Executive Director. Raste also serves as a director on the board at Indian Immunological Limited and Mother Dairy Fruit & Vegetable Pvt Ltd. Earlier, he worked with IDFC First Bank, Kotak Mahindra Bank, NABARD, ACC Cement, and non-profit NGO IRFT. Raste did his bachelor s and master s in economics, and hold a post-graduate diploma in marketing management. Earlier this month, NCDEX said that Vijay Kumar had bid adieu to the exchange following completion of his extended term as the Managing Director and CEO.

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