Abhishek Kumar &Amp; Khushboo Tiwari

Stories by Abhishek Kumar &Amp; Khushboo Tiwari

Sebi may notify tighter rules for F&O trade soon

Sebi may notify tighter rules for F&O trade soon

Rediff.com   5 Sep 2024

The Securities and Exchange Board of India (Sebi) is likely to notify soon stricter derivatives trading norms aimed at curbing speculative trading activity and curtailing losses of over Rs 50,000 crore incurred by retail investors every year. Based on the feedback received from industry participants, seven measures proposed by the market regulator in a consultation paper in July may be implemented with minor tweaks ahead of its forthcoming board meeting, said sources.

Sebi moves to ensure ease of FPI onboarding

Sebi moves to ensure ease of FPI onboarding

Rediff.com   4 Sep 2024

Markets regulator Securities and Exchange Board of India (Sebi) is stepping up efforts to ease the onboarding of foreign portfolio investors (FPIs) and has constituted a cell for consultations with offshore investors and custodians, said whole-time member Ananth Narayan. Sebi is also working to make regulations more "light-touch" for FPIs that invest exclusively in government securities or are sovereign funds. The regulator is trying to make the registration process easier for such FPIs, the Sebi official said at the CII Financing 3.0 Summit in Mumbai.

Sebi removed 15,000 sites with unauthorised advice in three months

Sebi removed 15,000 sites with unauthorised advice in three months

Rediff.com   2 Sep 2024

Kamlesh Chandra Varshney, a whole-time member of the Securities and Exchange Board of India (Sebi), said on Friday that the market regulator in the last three months had removed around 15,000 content sites linked to unregistered finfluencers or providing unauthorised investment advice. Speaking at the Global Fintech Fest, he said there was successful engagement with the technology providers who are complying with the regulator's request.

Sebi proposes mandatory UPI block secondary market for larger brokers

Sebi proposes mandatory UPI block secondary market for larger brokers

Rediff.com   29 Aug 2024

The Securities and Exchange Board of India (Sebi) plans to mandate the UPI block mechanism, also known as the ASBA-like facility, in the secondary market for Qualified Stock Brokers (QSBs). QSBs are brokers with larger client sizes and thus more significance in the market ecosystem.

'For Valuations To Sustain, Corporate Earnings Need To Deliver'

'For Valuations To Sustain, Corporate Earnings Need To Deliver'

Rediff.com   24 Aug 2024

'Asset allocation should be driven much more by long-term factors rather than the market scenario at any particular point in time.'

Sebi seeks to reset clock on rights issue

Sebi seeks to reset clock on rights issue

Rediff.com   21 Aug 2024

The Securities and Exchange Board of India (Sebi) has proposed sweeping changes to the rights issue framework to enhance its attractiveness, aiming to make it the preferred route for additional fundraising by listed companies. Among the changes proposed by the market regulator are reducing the timeline to first 20 days and then to just three days, allowing shareholders to renounce their rights entitlement to investors of their choice, and eliminating the requirement to appoint an investment banker or file a draft letter of offer.

'Largecaps Present Better Risk/Reward Balance'

'Largecaps Present Better Risk/Reward Balance'

Rediff.com   19 Aug 2024

'Investors should consider small and midcaps only if they can handle volatility and have a longer investment horizon.'

Outflows from SIP accounts scale new high of Rs 14,367 crore in July

Outflows from SIP accounts scale new high of Rs 14,367 crore in July

Rediff.com   19 Aug 2024

Redemptions from systematic investment plan (SIP) accounts scaled a new high of Rs 14,367 crore in July, indicating investors booked profits following back-to-back months of gains in the market. Volatility triggered by Budget announcements also played on investor sentiment. "July 2024 saw a peak in the Nifty, which may have prompted profit-booking among investors nearing the end of their goal tenure.

MFs seek greater leeway for proposed new asset class

MFs seek greater leeway for proposed new asset class

Rediff.com   18 Aug 2024

The new asset class (NAC) proposed by the market regulator could see diverse product offerings with high-risk strategies across equity and debt if the mutual fund (MF) industry's recommendations are incorporated into the final regulations. While the Securities and Exchange Board of India (Sebi) has suggested relaxations in investment norms for NAC compared to traditional MFs, some fund houses are advocating for further relaxations in concentration norms, greater flexibility in leverage, and the ability to invest in securities currently outside the MF domain, such as unlisted debt papers and debentures, sources reveal.

Rs 14,367 Crore: July's Record SIP Outflows

Rs 14,367 Crore: July's Record SIP Outflows

Rediff.com   17 Aug 2024

'Those satisfied with returns and not expecting further rally could be booking profits and also stopping SIPs.'

Why Have Focused Funds Pulled Out Rs 27 Billion?

Why Have Focused Funds Pulled Out Rs 27 Billion?

Rediff.com   16 Aug 2024

The outflows could be a result of a mix of factors led by the underperformance of some of the larger funds amid elevated return expectations.

How Much Have MFs Invested In HDFC Bank?

How Much Have MFs Invested In HDFC Bank?

Rediff.com   16 Aug 2024

With a deployment of Rs 2,720 crore in July, MFs' total investment in HDFC Bank in calendar year 2024 (till now) surged to Rs 48,820 crore.

Equity funds log Rs 37K cr in July

Equity funds log Rs 37K cr in July

Rediff.com   12 Aug 2024

Inflows into equity mutual funds (MFs) continued their strong momentum in July, despite the market volatility triggered by the Union Budget.

MFs Boom Despite Market Volatility

MFs Boom Despite Market Volatility

Rediff.com   10 Aug 2024

Mutual Fund inflows in FY25 have already reached two-thirds of the total inflows seen in the entire FY24, with net inflows standing at Rs 1.3 trillion.

Sebi Can't Recover Rs 76,293 Cr Dues!

Sebi Can't Recover Rs 76,293 Cr Dues!

Rediff.com   10 Aug 2024

Out of 3,871 recovery certificates issued by the regulator in various cases, 807 have been certified as difficult to recover.

BAF's Withstand Black Monday Turmoil

BAF's Withstand Black Monday Turmoil

Rediff.com   7 Aug 2024

Data from Amfi shows that NAV of every one in two BAFs declined 1.5% or less on Monday compared to a 3.13% decline in Nifty 500.

Vix Signals More Market Turbulence

Vix Signals More Market Turbulence

Rediff.com   6 Aug 2024

'Despite the current uncertainties, the long-term outlook remains constructive due to strong fundamentals, government initiatives, and a stable banking sector.'

Sebi's F&O curbs for stemming 'frenzied trading'

Sebi's F&O curbs for stemming 'frenzied trading'

Rediff.com   5 Aug 2024

Markets regulator Securities and Exchange Board of India (Sebi's) measures to curb speculative activity in the Rs 450-trillion-a-day futures and options (F&O) market is not a case of "throwing the baby out with the bathwater," whole-time member (WTM) Ananth Narayan said on Friday. "As a regulator, we are conscious that we must not throw the baby out with the bathwater. "When it comes to frenzied trading in options nearing expiry, however, it is difficult to see any baby in this bathwater," he said while delivering his address at the 21st FICCI Annual Capital Markets Conference.

Sebi plans to widen net to curb insider trading

Sebi plans to widen net to curb insider trading

Rediff.com   31 Jul 2024

The Securities and Exchange Board of India (Sebi) on Monday proposed expanding the scope of regulations prohibiting insider trading to a wider group of people, including those connected to the officials in access to price-sensitive information. The market regulator has suggested changes in the definition of "connected persons" and "relative" to address any gaps in the norms and possible violations.

MAF's Steal A March Over BAF's

MAF's Steal A March Over BAF's

Rediff.com   31 Jul 2024

Multi-asset allocation funds emerged as the most popular option for MFs as they provided the needed flexibility.