Investing in Adani Enterprises becomes all the more easier. Now, you will not have to keep any margin to invest in the flagship company of Adani group. Exchanges NSE and BSE have removed the counter from ASM framework. Exchanges had on May 26, included Adani Enterprises under ASM framework. Due to which investors had to keep minimum 50% upfront margin for trading. When, exchanges move a stock under short-term ASM, then, investors have to keep a margin of minimum 50% and maximum of 100% to invest in that stock. Exchanges had moved AEL under short term ASM to stop high fluctuations in the stock price. But relief for those who want to invest in Adani Enterprises. On Friday, the counter closed 2% in red at 2,444 rupees.
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Kotak Mahindra Bank has tied up with Myntra for co-branded credit card. Kotak Mahindra Bank on tie-up with online retailer Myntra has launched a digital fashion co-branded credit card. The card has some features like instant discounts on transactions on Myntra. It also offers cashback on other platforms like Swiggy, PVR and Cleartrip.
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