DSIJ Mindshare

Tracking error is a measure to analyse index funds. The basic premise of investing into index funds is to achieve the returns which are commensurate to that of the targeted benchmark Index. An Index Fund is a mutual fund scheme that invests in the stocks which constitute benchmark index by replicating the weightage given to the securities on the benchmark.

The three exchanges, NSE, BSE, MSEI in consultation with the Finance Ministry and SEBI decided to terminate the data sharing licenses given to foreign exchanges. This data is used to enabled foreign exchanges settle trade at their end. Read on to how more...

The company's EBITDA for the quarter jumped to Rs 4.7 crore with a corresponding margin expansion of 937 bps. Its EBITDA margin for the quarter stood at 10.9 per cent.

The PAT for the quarter came in at Rs 105.06 crore, an increase of 128.3 per cent YoY. This PAT growth was attributed to sharp jump in other income to Rs 16.17 crore, as against Rs 4.74 crore in the corresponding quarter of last year. 

The operating loss for the quarter came in at Rs 4.47 crore, as against operating loss of Rs 1.35 crore in the corresponding quarter previous year. This increase in operating loss was on account of sharp jump in other expenses by 87.9 per cent YoY.