Brokerage says that the management of Nippon AMC aims to widen the product suite through non-MFs and passives, and initiate new risk management processes

CNBC-TV18’s weekly classroom series – Investment Guide – informs viewers about the recent themes and how one should benefit from them by understanding investment guidelines, the rules to follow and the filters to apply. In today’s episode, the show is focussing on creating value through public sector undertaking (PSU) stocks. N Jayakumar, Managing Director of Prime Securities, shared his views on the same.

The brokerage firm also added that demand for Indian oil products fell 4.9 percent year-on-year (YoY) in February 2021.

Shares of SBI Cards were under pressure after Carlyle sold 4 percent stake in the firm via block deals today at an average price of Rs 990 per share. Carlyle now owns 12 percent stake in the firm as against 16 percent earlier.