Regulatory guidelines prescribe that investors need to add a nominee for all their mutual fund folios. The deadline for this has been extended and folios will be frozen for debits for investors who don’t comply. WHAT IS NOMINATION IN A MUTUAL FUND? Nomination is the process of appointing a person to take care of your … Read more
Mumbai: Six Adani Group firms have received so-called show-cause notices from the Securities and Exchange Board of India (Sebi) for alleged violation of related party transactions, non-compliance of listing rules and validity of auditor certificates in the past, these companies said in their regulatory filings to the stock exchanges. On Thursday, Adani Enterprises, the flagship … Read more
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
The Securities and Exchange Board of India(Sebi) Monday directed NSE to appoint a valuer to carry out the valuation of related party transactions entered into between Linde India and Praxair India, following complaints from minority shareholders. NSE has to share the valuation report with Sebi and the company. Within two weeks of receiving the valuation … Read more
Mumbai: More than half a dozen foreign portfolio investors (FPIs) that owned substantial stakes in Adani Group firms are looking to settle securities violation matters with markets regulator Sebi, said people familiar with the matter. They have agreed to pay a certain amount as fines, the people said. The legal representatives of eight FPIs – … Read more
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
