Around 81% smallcap mutual funds have underperformed their respective benchmarks in 2024 so far. There were around 27 smallcap mutual fund schemes in the market. Out of 27 smallcap schemes, 22 schemes have underperformed their respective benchmarks. In other words, only five smallcap schemes managed to outperform their respective benchmarks in 2024 so far. UTI … Read more
MUMBAI – Concerns over high valuations in the smallcap universe seems to have ebbed as stocks rallied in the week gone by and outperformed benchmarks by a wide margin. As many as 400 smallcap stocks gave double-digit returns of upto 52% in the week ended April 5, data by Ace Equity showed. Of these 400 … Read more
Mumbai, The National Stock Exchange (NSE) is awaiting approval from capital markets regulator Sebi to kickstart the initial public offering process, its MD and CEO Ashishkumar Chauhan said on Thursday. The NSE’s listing plans have been on the backburner amid a Sebi probe against the exchange and some of its top officials. It was alleged … Read more
Smallcap indices are set to wipe out recent losses sparked by market regulator Securities and Exchange Board of India’s (Sebi) warnings of froth in the broader markets, as investors remained bullish on this segment last month. A nine-day rally in the Nifty Smallcap 250 index has put it on track to reclaim the level last … Read more
The pressing question on the top of investors’ minds: Will the recent turmoil in small and midcaps, caused by increasing Sebi oversight and regulatory overhang, morph into a manic price correction in the broader space? Or will it be another transient stumble that will subside soon? First, a bit of context on the recent correction, … Read more
The finance ministry is not in favour of any major regulatory intervention in the stock market, and believes that over-regulation could lead to nervousness among participants, ETNow news channel reported, quoting sources. The news comes in the backdrop of the recent measures taken by the Securities and Exchange Board of India (SebI) to check on … Read more
State-run Life Insurance Corporation of India (LIC) on Wednesday said it has fired an employee, who has been banned by markets regulator Sebi in a front-running case after the incident was reported last year. “He (the accused employee Yogesh Garg) has been removed from the services of the Corporation following the due administrative procedure by … Read more
The Securities and Exchange Board of India plans to ask companies floating draft papers for initial public offering to also make an audiovisual representation of the disclosures in the prospectus. The capital market regulator has sought public comments on the same by April 9. Currently, companies who plan to raise capital through a public issue … Read more
Mumbai: The decision by India’s capital markets watchdog to exempt foreign portfolio investors (FPI) from additional disclosure requirements will ease their compliance burden where majority assets held by them are based in the country. The Securities and Exchange Board of India (Sebi) has exempted overseas funds, having more than 50% of their India equity assets … Read more
Mumbai: Regulator Sebi on Friday approved a raft of relaxations for foreign portfolio investors, alternative investment funds and entities seeking to raise funds through initial share sales, as part of facilitating the ease of doing business in the securities market. Also, the board of Securities and Exchange Board of India (Sebi) gave its nod for … Read more
