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Markets regulator Sebi on Wednesday proposed allowing Associations of Persons (AOPs) to open demat accounts in their name to hold certain securities, excluding equity shares.
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The stock of HDFC Life recovered partially on Wednesday, gaining 1.9% after sliding by nearly 4% the previous day following the insurers second quarter result announcement. The stock reported weakness despite the double digit growth in premiums and improving market share.
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Glenwood Oaks repaid $42,857 with about $179,000 remaining. Tuscan Gardens repaid $21,466, with about $232,000 remaining.
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