Oil gives up US Fed rate cut gains, sheds 3% on OPEC+ December output hike bets; Brent drops to /bbl | Stock Market News

Oil gives up US Fed rate cut gains, sheds 3% on OPEC+ December output hike bets; Brent drops to $71/bbl | Stock Market News

Source: Live Mint International crude oil prices reversed their gains picked after the US Federal Reserve’s supersized interest rate cut and dropped over three per cent on Thursday, September 26, on a media report that Saudi Arabia, the world’s top crude exporter, will give up its price target in preparation for raising output. Brent crude…

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Strengthen stewardship to give voice to retail investors: Sebi chief to MFs | Stock Market News

Strengthen stewardship to give voice to retail investors: Sebi chief to MFs | Stock Market News

Source: Live Mint Sebi chair Madhabi Puri Buch urged the mutual fund industry to strengthen stewardship in equity markets as retail investors still have no voice as shareholders. “The reality is he (retail investor) does not have that consolidated power to really assert himself as a shareholder of the company,” Buch, chairperson of the Securities…

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