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These rules are applicable to members of the three all India services.

Despite the fact that mutual funds frequently contain stocks too, mutual funds and stocks have distinct characteristics that can appeal to a wide range of investors with different needs and financial goals. Scroll down to know the key characteristics of stocks and mutual funds.

In all, RBI has raised benchmark rate by 1.90 per cent since May this year.

Indian markets are also likely to react negatively on Monday to statements by the US Federal Reserve after US markets fell more than 3 per cent.

Son of a mason, he has been working since the age of 13. There was a time when he made just Rs 12/day before he went on to become a software engineer and draw a monthly salary of Rs 1 lakh.

Investors also stayed on the sidelines ahead of the RBI's policy meet outcome on Friday.

From the Sensex pack, Reliance Industries, Maruti, ICICI Bank, ITC, HDFC and State Bank of India were the major gainers in early deals.

In the broader markets, the BSE midcap, large-cap and smallcap gauges slipped much as 1.72 per cent.

Das said it is not for him to speculate or comment on what the exact measures can be.

The rate hike comes on the back of a 40 bps increase effected by RBI at an unscheduled meeting on May 4.

The rate hike comes on the back of a 40 basis points increase effected by RBI at an unscheduled meeting on May 4.

We have always seen crashes as well as corrections in stock markets. Is that possible in crypto markets? The answer probably is no.

Life Insurance Corporation (LIC) had fixed the issue price of its shares at Rs 949 apiece after a successful initial public offering, which was over subscribed nearly 3-times when it closed on May 9. The shares were lapped up mainly by retail and domestic investors, even as foreign investor demand was muted.

Market cap of all BSE-listed firms fell by Rs 5.25 lakh crore to Rs 241.10 lakh crore against Rs 246.31 lakh crore in the previous session.

The initial public offering of Life Insurance Corporation of India has received robust response from investors with the insurance major's offer having been subscribed 2.89 times.

The price band for the IPO has been fixed at Rs 902-949 per share.

Domestic mutual funds invested Rs 4,002 crore, accounting for a little over 71 per cent of the total anchor book portion of the much-awaited initial public offering (IPO) of Life Insurance Corporation (LIC).

Snapping its two-day losing streak, the rupee rose by 8 paise to close at 76.56 against the US dollar on Tuesday following a rebound in regional currencies and expectations of foreign fund flows as the LIC IPO is likely to hit markets early in May.

The key index was dragged down by heavyweights Infosys and HDFC Bank amid weak trend in Asian markets.

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