'Sebi's move to cap brokerage charges will help investors by lowering the overall cost of investments.'
The queue for mutual fund (MF) licences has thinned down due to quick clearances by the Securities and Exchange Board of India (Sebi) alongside applications being withdrawn amid regulatory changes. There were, at the end of September, only two pending MF applications: By AngelOne and Unifi Capital. By comparison, there were 11 applications lying before the market regulator at the start of calendar year 2023.
Affordable pricing, a variety of themes, and the ease of transacting are among key reasons that have made smallcases a hit among young investors.
NSE's own handle @nseindia was content tweeting out the press release in seven tweets.
Trading through this coming week could be influenced by reactions to events in Europe and the US.
Transcript of Nikhil Pahwa's chat with Rediff readers.
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