Impact of impending HDFC merger on Nifty's Sept rejig in spotlight https://ift.tt/8wlvQNS on the assets under management (AUM) of Nifty-based exchange-traded funds (ETFs) of ₹1.7 lakh crore, the index changes related to the HDFC-HDFC Bank merger-could result in buying and selling of stocks worth over ₹48,000 crore based on prices as on the end of July, said ICICI Securities.
NSE IFSC-SGX Connect may be fully operational by June https://ift.tt/XC89Iks this connectivity, global investors who are clients of SGX will be able to trade in Indian derivatives market remotely without having to set up a shop in India. Currently, only a few trades are being executed through the route.
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