Comments
Shares of Angel Broking surged 10 per cent on Friday, after the company's board has approved setting up of an asset management company. “This will be subject to approvals from various regulators, including the Securities and Exchange Board of India,” it said in a notice to the stock exchanges. By launching the asset manager, Angel Broking is looking to capitalise on the ‘growing investible’ wealth in India, the broking firm said. After hitting a high of ₹559.10 on the BSE, shares of Angel Broking closed at ₹556.85, up 9.55 per cent, on the BSE.
Comments
COMMENT NOW
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.