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Sebi eases reporting norms for brokers, extends exemptions to primary dealers

Buzz line1 month ago03 mins

The Securities and Exchange Board of India (Sebi) has proposed easing reporting norms for stockbrokers, extending key exemptions to those that double up as primary dealers in a bid to improve ease of doing business. In a consultation paper issued on Friday, the markets regulator has sought to relax certain requirements around naming, tagging, and…

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485% return in one year! Multibagger stock hits upper circuit despite weak markets

Buzz line2 months ago03 mins

Elitecon International share price hit the 5% upper circuit limit in Tuesday’s trading session, despite domestic equity indices dropping to their lowest levels in more than two months today. Elitecon International share price today opened at ₹71.40 apiece on the BSE, the stock touched an intraday high of ₹78.20 per share. Multibagger small-cap stock recently…

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Sebi proposes permitting trade netting for foreign portfolio investors

Buzz line2 months ago06 mins

MUMBAI: The Securities and Exchange Board of India (Sebi) has proposed easing settlement rules for foreign portfolio investors (FPIs) by allowing them to net funds, a move aimed at lowering funding costs and improving operational efficiency in the cash market. In a consultation paper released on Friday, the market regulator said it had received feedback…

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