The move is in contrast to what an expert committee of Sebi had recommended in 2018 for China and Hong Kong to be permitted
The decision comes after receiving representation from stock exchanges and depositories, the Securities and Exchange Board of India (Sebi) said in a circular
The cash market turnover stood at Rs 66,365 crore, against the daily average turnover of Rs 73,560 crore for November
Peak margin reporting will raise intraday traders' costs; may compel them to adopt hedged strategies
The move relates to a probe conducted by the markets regulator Sebi between September 2006 and June 2008 where violations of insider trading regulations were found
Shortages in reporting shall be considered as shortfall of margin collection and a penalty will be levied on the clearing member of the custodian participant
Norms have a framework for verification of upfront margin collection in cash and derivatives segments. Peak margin is the reporting of client margins by trading members during the day
All that happened in the markets today
NRIs who aren't tax residents in India can invest in India-focused offshore funds via the FPI route
Markets regulator Sebi on Wednesday launched the Securities Market Trainers (SMARTs) program, an initiative aimed at enhancing investor education and awareness.
Steps related to flexing of dynamic price band for F&O and equity index derivatives (F&O) would continue to be in force, Sebi said in a statement
The BSE and NSE have terminated Karvy Stock Broking's membership with effect from November 24, 2020 for non-compliance with the regulatory provisions
KSBL has also been prohibited from alienating any of its assets, except with prior permission of the National Stock Exchange (NSE), till the settlement of claims of investors
Maximum promoter holding to be eligible for reclassification to be raised from 10% to 15%; waiting time to be brought down to one month from three
Here's a selection of Business Standard opinion pieces for the day
Lower public shareholding norms should help large IPOs
As Sebi prepares to spearhead World Investors Week, Chairman Ajay Tyagi said there is a need for new investors to take informed investment decisions without getting lured by false promises
Currently, a company with post-listing market capitalisation of Rs 4,000 crore, needs to offer at least 10 per cent stake to public shareholders
The regulator said the practice of giving an indicative price for the delisting bid can be formalised
Companies will need to make an audio or video recordings for all such meets