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KPI Green Energy, Spencers Retail, Sigachi Industries, Indo Amines, and others are among the smallcaps that logged a double-digit rise in their share prices last week. Also Read: Dividend Stocks: Oil India, PFC, TVS Motor Company, among others to trade ex-dividend next week; check full list The equity indices ended a four-week winning streak to record the worst week in four months after concerns raised by capital markets regulator Securities and Exchange Board of India (SEBI) over valuation in smallcap and midcap stocks. On the weekly front, the 30-share BSE Sensex benchmark tanked 1,475.96 points or 1.99 per cent, while the NSE Nifty declined 470.2 points or 2.09 per cent.

GATE Exam Result 2024: Bengaluru's Indian Institute of Science (IISc) is set to announce the results of the Graduate Aptitude Test in Engineering (GATE) 2024 today, March 16, 2024. Candidates who appeared for the examination can check their results on the official website of IISc GATE at gate2024.iisc.ac.in. The direct link to access the GATE 2024 final answer key is also available on the website. The GATE 2024 exam took place on February 3, 4, 10, and 11, 2024. Candidates' responses were released on February 16, with the answer key published on February 19, 2024. The deadline to raise objections against the answer key was until February 25, 2024. Results of the examination will be announced today, March 16, and candidates will be able to download their scorecards starting from March 23, 2024.

BSE Midcap and Smallcap indices lost over 4% each. The broader market had outperformed the benchmark indices over the past one year even as there were pockets of concern around the one way rally.

Sebi on Friday approved a raft of relaxations for foreign portfolio investors, alternative investment funds and entities seeking to raise funds through initial share sales, as part of facilitating the ease of doing business in the securities market. Also, the board of Securities and Exchange Board of India (Sebi) gave its nod for a uniform approach for verification of market rumours by entities that have listed their equities. In a move aimed at testing the feasibility of the optional T+0 settlement mechanism, a Beta version for a limited 25 scrips and limited brokers will be launched.

market regulator on Friday deferred a full launch of optional same day settlements, according to a press release. The Securities and Exchange Board of India (SEBI) said that same day settlement, or T+0, would be launched for only 25 stocks and with a limited set of brokers to test the efficacy of a shorter settlement cycle.

A new round of nowcasts continue to estimate that US economic activity will downshift in next month’s release of first-quarter GDP data. Today’s revised estimate is based on the median for a set of nowcasts compiled by CapitalSpectator.com.

highest possible accuracy” in determining a dog’s breed, and also offers services to identify a dog’s allergies and “genetic age,” via analysis of a cheek swab.These DNA testing kits cost between $79.99 and $199.99 and are analyzed at the company’s office in Birch Cliff, a neighbourhood in the eastern part of Toronto.An investigative team at WBZ News, located in Boston, Mass., decided to put DNA My Dog, and other pet DNA services like it, to the test. But instead of sending in a cheek swab from a dog, they submitted DNA taken from the cheek of their reporter, Christina Hager.Two companies, Orivet and Wisdom Panel, analyzed the swabs and found that the DNA provided could not yield a reliable result.

EV makers to test the Indian market while they make up their minds on local manufacturing. This was a sticking point in negotiations with Tesla, which wanted import duties lowered as a precondition to investing in the country. GoI was clear that it would not permit dumping of cars manufactured in China.

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MUMBAI : India's top small-cap fund managers will take anywhere between a day and 17 days to liquidate a quarter of their portfolios during market upheavals, as revealed by stress tests conducted by various fund houses. Asset managers would likely require a minimum of three days and a maximum of 34 days to exit half of their mid-cap stocks. Market regulator Securities and Exchange Board of India (Sebi) initiated these stress tests following concerns about potential market bubbles, primarily fuelled by the overenthusiasm of retail investors.

MUMBAI : India's top small-cap fund managers will require substantial time, in some cases up to 30 days, to liquidate a quarter of their portfolios during market upheavals, as revealed by stress tests conducted by various fund houses. Fund houses would likely need between six days and 30 days to exit a quarter of their small-cap portfolio, and 12-60 days to liquidate half of the portfolio. If a fund takes longer than two to three days to return investors' money, it suggests stress in the portfolio.

Chinese satellites failed to reach a planned orbit on their way to the moon after experiencing abnormalities, a rare setback for Beijing's high-profile space programme. The satellites, known as DRO-A and DRO-B, were launched on Wednesday evening from the Xichang Satellite Launch Centre in the Sichuan Province, the launch centre said in a press release on Thursday. They were carried by A Yuanzheng-1S (Expedition-1S) upper-stage aircraft, attached to a Long March-2C carrier rocket, it said.

stress test report, mentioning the number of days they will require to liquidate 50% and 25% of their mid-and-small-cap schemes portfolio. This move came after the market regulator asked MFs to frame a policy to protect investor interest during the market crash and redemptions. Nippon India Small Cap, the largest scheme in the smallcap category based on assets managed, will take 27 days to liquidate 50% portfolio, while Quantum Smallcap Fund, the smallest scheme in the smallcap category, will be able to liquidate 100% of its portfolio holdings in one day.

XUV.e9, captured as it cruised along Indian roads. Despite the bonnet being open during the sighting, there was no sign of a front trunk (frunk), a feature found in some other electric vehicles.

The popular artificial intelligence image-generator Midjourney has started blocking its users from creating fake images of President Joe Biden and former President Donald Trump ahead of the upcoming U.S. presidential election, according to tests of the...

The first two flights last year lasted mere minutes before blowing up.

A blood test for colon cancer performed well in a study, offering a new kind of screening

Sandeep Tandon, CIO, Quant MF, says “if we start looking at risk-adjusted returns, it will be far better. Just looking at PE in isolation without looking at ROC or ROE does not make sense. Similarly, just looking at a few risk measures in isolation does not make sense and that is the reason in our disclosure we have added additional data points also which are risk-adjusted measures and more meaningful rather than just looking at unidirectional risk numbers.” Tandon further says Quant takes concentrated bets because he believes that extraordinary diversification from a mathematical perspective means there is no control on risk. First, let us talk about the stress test. What has been the conclusion at Quant and what has been your finding? Sandeep Tandon: Let me explain the larger thesis. What the regulator wants from us is that we should disclose our liquidity position, our risk-related data points, our concentration in the large, mid, or even concentration from a client perspective. I think it is a good exercise from a larger perspective, more from a transparency point of view.

A Balasubramanian, MD & CEO, ABSL AMC, says: “though we are not putting the restrictions in our small and midcap fund and given the fact that we are relatively small compared to others, it is about Rs 5,000-6,000 crores size and at the same time, our portfolio liquidity parameters are much better than some of the other schemes which are large in size. Keeping that in mind, while we have not put any stop, we continue to encourage investors to come only through the SIPs and the longer term 3-5-year time horizons. What is this stress test? How have AMCs conducted it because we understand that most of the AMCs, including yours, are saying that there is no stress in the portfolio. A Balasubramanian: The way one has to look at this is, there is an exercise in any case being carried out at regular interval by individual AMCs to check the portfolio construction and how the portfolio risk is being monitored and managed, which will take into account the liquidity as well. The current discussion, which has been there for quite some time in consultation with AMFI committee as well as Sebi, is more of a deep dive given that this segment of the market has been getting more money in the last few years.

Quant Small Cap Fund and 6 days in the Quant Mid Cap Fund. For 25% liquidation, the timeframes are 11 days and 3 days for the small-cap and mid-cap funds respectively. “Our Predictive Analytics tools endorse that there are no classic signs of euphoria in Indian equities at this point," said Quant MF.

Stock Market News: Domestic equity benchmark indices, the Sensex and Nifty 50, began Friday's session with some minor cuts amid mixed global cues. The 30-share BSE Sensex opened lower by 210.51 points or 0.29% at 72,886.77 level while the Nifty 50 opened at 22,064.85 level, down 81.90 points or 0.37%.