Market downtrend shaves off Rs 840 cr from US-64 scheme
The recent slide in the capital market has had its impact on the county's biggest mutual fund, the Unit Trust of India (UTI). The US-64 — the UTI's flagship scheme — appears to have lost Rs 840 crore in the current stock meltdown.

Sensex sheds 74 points as political uncertainty casts shadow on bourses
The present political uncertainty gripped the stock exchanges at a time when the bourses were making an attempt to come out of a bearish phase. After a good start, the stock market made a dramatic turnaround, closing sharply lower on Friday.