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News, I read on 29th May

1.FII holding in Nifty 500 is at 5 year low, but after the deep correction promoter raises their stake into the companies.
https://in.finance.yahoo.com/news/fii-ownership-nifty-500-hits-140359215.html

2. BSE reduces the listing fee for SMEs by 25% due to Covid-19.
https://in.finance.yahoo.com/news/sme-segment-bse-eases-compliance-120757865.html 

3.While the government has relaxed lockdown norms, as many as 8,917 projects worth over ₹21.11 lakh crore across various sectors under execution in 108 red zone districts are at a standstill even now, a survey said. 
https://www.livemint.com/industry/infrastructure/projects-worth-rs-21-11-lakh-crore-at-a-standstill-in-red-zone-districts-report-11590679181808.html  

4.A clutch of high net worth investors (HNI) of Franklin Templeton India on Thursday issued a legal notice to SEBI, to look into the management of the fund house. 
 https://www.livemint.com/market/stock-market-news/franklin-templeton-investors-send-legal-notice-to-sebi-11590681110379.html  

5. Almost 13% hike in the FDI in Indian in financial year 2019-20, Singapore leads.
https://www.livemint.com/news/india/fdi-in-india-jumps-13-to-record-49-98-billion-in-2019-20-11590667093232.html 

6.The Commerce Department of the US reported on Thursday a fall of 5% annual rate in the GDP for the first quarter.
https://www.moneycontrol.com/news/world/us-economy-shrank-at-5-annual-rate-in-q1-5329661.html   


7.Global Technology Giant Google is in talks to buy 5% stake in Vodafone Idea Ltd.
https://www.livemint.com/companies/news/vodafone-idea-may-attract-google-investment-11590670514803.html  

8.Financial Stability and Development Council (FSDC)  led by Nirmala Sitharaman on Thursday, warns for the economy recovery due to Covid-19. 
https://www.livemint.com/politics/policy/virus-crisis-a-serious-threat-to-global-financial-system-11590693384959.html 

9.Government of India and markets regulator considering including mainland China and Hong Kong in Securities and Exchange Board of India’s (Sebi’s) list of high-risk jurisdictions. 
https://www.livemint.com/market/stock-market-news/regulators-sharpen-focus-on-chinese-fpis-11590695811985.html  

10.On Thursday, Nifty closed 175.15 points higher at 9490.10 
VIX came 4% lower and closed at 30.02, the usual safe range for VIX is between 12 to 20.
SGX Nifty trading 18.25 points lower at 8:15 am, Indian Time

Please comment important news you read today. Also, in case, if you find any news difficult to understand or comprehend - please comment and ask questions over the news blog.

I will try to answer and others will also help you comprehend the news.