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Mumbai/UNI: The BSE Sensex on Thursday lost another 338.23 points at 72,284.86 in the opening session as selling was seen across the board.
SouthernSun Asset Management, LLC, an investment management firm, released its “SouthernSun SMID Cap Strategy” fourth quarter 2023 investor letter. A copy of the same can be downloaded here. In the fourth quarter, the strategy returned 8.15% on a gross basis (7.95% net) compared to a 13.35% return for the Russell 2500 Index and 13.76% for the […]
Budget 2023 made the new income tax regime the default regime. Since this regime doesn’t give Section 80C benefits, ELSS, or tax-saving mutual funds, have lost their tax-benefit edge. Aside from taxpayers who would still opt for the old tax regime, it remains to be seen if ELSS funds can sell themselves purely on performance.
CHICAGO--(BUSINESS WIRE)--Feb 21, 2024--
Snapping a winning streak of the last six sessions ' the BSE Sensex tanked 434.31 pts to settle at 72,623.09 as selling was seen in Utilities, Oil and Gas stocks.