In a bid to regulate the burgeoning finfluencer landscape, the Securities and Exchange Board of India (SEBI) has unveiled a consultation paper proposing significant relaxations in the Research Analyst (RA) and Investment Advisor (IA) Regulations. This move comes on the heels of concerns over the increasing number of unregistered financial influencers operating as advisors. SEBI’s …
The Nifty Rural Index, recently launched by NSE Indices Limited, aims to provide investors with a benchmark that reflects the economic activities pertinent to rural areas. This index captures the performance of top stocks within the Nifty 500 Index that derive significant revenue from rural markets, representing the rural theme of India. Key Features of …
The BSE has rolled back some of the steps that it had proposed on Monday (August 9), which were aimed at curbing severe price moves in certain small and mid cap stocks. The stock exchange went easy after there was a steep sell-off in the broad market indices. On Thursday, the BSE clarified that the …
It’s been a full circle for the markets, from the crash of March 2020 owing to Covid-19 fears and the subsequent rally. On the midcap front, in the fiscal year 2021, the BSE Midcap Index rose 91 per cent, as India’s market capitalisation grew Rs 91 trillion in the year, to touch Rs 204 trillion. …
The Reserve Bank of India (RBI) proposed some new rules for managing the risks associated with algo-based lending. Regulated Entities (REs) utilise models throughout the credit management life cycle for borrower selection, credit scoring, pricing, risk management, and credit loss provisions. The draft circular from RBI, ”Regulatory Principles for Management of Model Risks in Credit”, …
Introduction Japan’s yen hit mid-January highs around 145.28 in Monday’s intraday deals, extending its recent appreciation against the US dollar. Japan’s currency has appreciated by 10 percent against the dollar in just over three weeks, partly driven by the Bank of Japan’s (BoJ’s) 15-basis points rate hike to 0.25 percent last week. Earlier, on March …
Corporate Capital Ventures, a Delhi-based merchant banker specialising in SME IPOs, is under investigation by the Securities and Exchange Board of India (SEBI) for alleged irregularities in managing public issues. The probe was initiated following an anonymous complaint alleging insider trading by the merchant banker’s directors and their associates. The complaint specifically pointed to the …
The Securities and Exchange Board of India (SEBI) has levied a ₹2 crore fine on JM Financial Asset Management, its trustee company, and key personnel for irregularities related to the valuation and sale of defaulted Dewan Housing Finance Corporation (DHFL) securities. The investigation revealed an unusual surge in the Net Asset Value (NAV) of certain …
The Nifty Bank index has extended its fall for the third straight day in early deals on Thursday, marking a fresh one-month low. The index is down by a little over 5% from its high of 53,357.70, which was registered on July 04, 2024. Formation of Lower Highs and Lower Lows The Nifty Bank index …
The Securities and Exchange Board of India (SEBI) is the regulatory framework that helps maintain the integrity of the stock market by enforcing strict guidelines and rules that govern the conduct of market traders and investors. By monitoring and supervising the activities of various entities involved in the securities market, SEBI aims to prevent fraudulent …
