BSE Shares: BSE shares hit by Sebi’s regulatory fee move

BSE Shares: BSE shares hit by Sebi’s regulatory fee move

Mumbai: Shares of BSE plunged over 13% on Monday, as the Securities and Exchange Board of India’s increase in regulatory fee for the bourse soured investor sentiment. Analysts said the move is expected to impact BSE’s earnings and any attempts to protect profitability could erode its competitive advantage over bigger rival NSE,but share declines from … Read more

Percentage of small, midcap stocks trading below 20-DMA down to 57% from 83%: Anand James

Percentage of small, midcap stocks trading below 20-DMA down to 57% from 83%: Anand James

The percentage of small and mid-cap stocks trading below 20-DMA has come down to 57% from 83% last week, indicating attempts to pull back, says Anand James, Chief Market Strategist, Geojit Financial Services. However, the percentage of stocks closing below the 30-day low increased to 9% from 2% last week which is indicating that the … Read more