In less than a week from now, election results will determine who governs India. Historically, this period makes markets jittery; but this time, there s an unusual calm, even after a long and ferocious bull market.
In early March, alarmed by the flood of money rushing into small-cap funds, after a massive one-year bull run, the market regulator asked mutual funds to consider moderating flows and rebalancing portfolios since the flows could make the market frothier.
Securities and Exchange Board of India (SEBI) has imposed penalties on nine entities associated with Diggi Multitrade Limited for failing to comply with disclosure regulations under the substantial acquisition of shares and takeovers (SAST) regulations.
Mumbai-based Shishir Kumar (name changed), a retired director of a public sector unit (PSU), wanted to dabble in online trading. By clicking a link on a Facebook ad, he was added to a WhatsApp group. He was also trained by experts representing a foreign investment firm.