'Periods of vacancy, which have become more common in recent years, can affect the pace of decision-making.'
'The hearing is not adversarial but inquisitorial in nature -- it allows Sebi to examine the context, the strategy, and the intent behind the trades, particularly when algorithmic and expiry-day trading are involved.'
'It's advisable not to go overboard on a banking sector fund or any other sector fund.'
Fund managers are withdrawing after a two-year long run in public sector bank (PSB) stocks. Domestic mutual funds (MFs) were net sellers of PSB stocks for the first time in nine quarters, offloading shares worth Rs 1,800 crore in the March quarter, said a report by ICICI Securities. In the previous eight quarters, fund houses had invested more than Rs 10,000 in PSBs amid deep discounts in valuation vis--vis their private sector peers.
While mid-cap and small-cap funds have given category average returns of 73.3 per cent and 89.8 per cent respectively over the past year, large-cap funds' returns have been lower at 53.9 per cent, points out Sarbajeet K Sen.
A number of listed companies are not to be found on their registered address. The stock exchange has also been unable to contact them through other means. These 50 companies had been suspended for violations for more than six months. The BSE had reached out to them with show cause notices in December 2020.
Lawyers say compensation may be an uphill task for investors because of a lack of judicial precedent and broader institutional difficulties.
Sumit Agrawal says he was "deeply aggrieved" to find Kejriwal wearing sandals during a state banquet hosted by President Pranab Mukherjee at Rashtrapati Bhavan against the prescribed dress code.
The regulator had introduced trading plans to provide an opportunity for those holding possible insider information to legitimately trade, without violating insider trading regulations
Swiss brokerage UBS joins European banking peer HSBC in shutting down its offshore derivative business
Legal hurdle cited in I-T action against 32,000 entities.
Regulator probing jewellery houses for violation of collective investment scheme rules, says Shrimi Choudhary.
Market regulator also announces measures for mutual funds sector.
Specific sections of the Companies Act need to be amended to empower Sebi to regulate or take penal action against an unlisted entity and its promoters for violating the insider trading and other securities norms.