January 22, 2008.
The Indian Stock Market meltdown continues. It started yesterday when the NSE lost about 600 points. Today, Jan 22, 2008, they opened at 5068 and quickly crashed another 630 points to approx 4578.
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Opinions expressed here are entirely my own and do not reflect the position of my employer or any other entity. The views and opinions expressed by visitors to this blog are theirs and do not necessarily reflect mine.
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The new direct sales no-load criteria for Mutual Funds in India came into effect on January 4, 2008. Under this investors are not charged an entry load if they purchase directly from the AMC. The operative word is “direct”. I have seen a lot of discussion on this issue on our internal mailing lists at [...] I am writing this on Windows Live Writer, version 2008. Setup was a bit of a pain (see screen shot) but then what do you expect from Microsoft? Anyway, once it had finished “examining” my “system”, it was relatively easy to setup. The older blog settings were retained from the Beta version and I was [...] |
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