A new study by markets regulator Securities and Exchange Board of India (SEBI) revealed that over half of the investors in IPOs between April 2021 and December 2023 sold their shares within a week of the listing. The study also found that within a year of listing, this figure increased to 70 percent by value. … Read more
The Securities and Exchange Board of India (Sebi) has put on hold the proposed initial public offering (IPO) of SK Finance, a non-bank lender focused on vehicle finance and business loans. Without specifying reasons, Sebi stated that the “issuance of observations (has been) kept in abeyance,” as per an update on its website on Monday. … Read more
“Without sufficient depth in the underlying cash market and appropriate position limits around leveraged derivatives, there can be higher risks of market manipulation, increased volatility, and compromised investor protection,” SEBI said in its consultation paper. Also read: From ₹3.8 to 21.68: This multibagger penny stock soared 470% in over 2 months; check here The markets … Read more
Markets regulator Securities and Exchange Board of India (Sebi) on Tuesday said that it has decided to relax Know Your Customer (KYC) norms to simplify the risk management framework. The markets regulator issued an updated notification on the master circular dated October 12. “Sebi circular dated October 12, 2023, has specified the Risk Management Framework … Read more