Thursday, March 7, 2024

Curtailing first mover advantage may cause some panic: Feroze Azeez on SEBI advisory to MFs

Curtailing first mover advantage may cause some panic: Feroze Azeez on SEBI advisory to MFs SEBI#39;s move may be aimed at slowing down the influx into small-cap funds, says Feroze Azeez, Deputy CEO at Anand Rathi Wealth, but points out that curtailing first mover advantage may be a sentiment dampener.

from Moneycontrol Market Outlook https://ift.tt/lCBnTSy

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S&P 500, Nasdaq end higher on Amazon-OpenAI deal; Fed path forward grows murky

Artificial intelligence deals propelled the S&P 500 and Nasdaq higher on Monday, with Amazon's $38 billion agreement with OpenAI and...