Markets regulator Sebi on Friday simplified the framework for asset management companies (AMCs) by reducing the requirement to upload draft SIDs to 8 working days from 21 days earlier. This is aimed at streamlining the process, reducing timelines, and enhancing investor protection while simplifying compliance for AMCs. Earlier, AMCs had to upload draft Scheme Information Documents (SIDs) on Sebi's website for 21 working days to receive public comments. Over time, the regulator has standardised and updated the format and content of SIDs to improve investor communication. In its circular, Sebi said the requirement to upload draft SIDs on the regulator's website has been reduced to 8 working days. AMCs can file final offer documents (SID and KIM) after this period. These changes are effective immediately, the Securities and Exchange Board of India (Sebi) said.
Market crash today: The BSE Sensex tanked 4,088 points and touched the week's low at 77,973, similarly, Nifty fell 1189 points to the week's low at 23,565
RBK bank share price: Reports suggest global brokerage Morgan Stanley has cut RBL Bank's share price target to Rs 160 from Rs 180
Stock Market Today: The Nifty IT Index is facing mixed sentiments post the recent Accenture earnings, which might uplift IT stocks temporarily. However, a closer look at the charts suggests caution
Stocks to Buy Today, Dec 18: The Zomato stock has formed a bullish piercing pattern near key support levels and is headed up
The price of ten grams of 24-carat gold in Mumbai is in line with prices in Kolkata, Bengaluru, Chennai, and Hyderabad at Rs 77,880
Stock market today, Nifty today: Should a breakout above 24,775 materialise in Nifty50 index, the next resistance levels to watch will be 25,125 and 25,625, Nifty chart shows
Stock market today: As global stock markets, including India, prepare to step into the calendar year 2025, what are the key risks and opportunities that investors need to be mindful of?
The price of 22-carat gold also stumbled Rs 10, with ten grams of the yellow metal selling at Rs 71,390
Stocks to Buy for upside: We can see a Cup and Handle breakout in Bharti Airtel share price, further strengthening the bullish outlook
Stocks to buy today: Jigar S Patel of Anand Rathi suggests initiating long positions in HDFC Bank share price in the 1,850-1,875 range, with an upside target of 2,050
Adjustments to the new surrender regulations, uncertainties surrounding the Insurance Amendments Bill, and potential direct tax reforms in the upcoming Budget may pose short-term challenge
PSU bank stocks: The Nifty PSU Bank index has surged 24.08 per cent on the National Stock Exchange (NSE) thus far in CY24
Stock Market Today: The best trading strategy at this juncture is to book profits on the rise in Nifty IT index and wait for the index to retrace towards its support levels
Bajaj Finance share: Bajaj Finserv presented a five-year Long-Range Strategy (LRS) at its investor day for Group companies on December 10, 2024. What should investors do with Bajaj Finance shares now?
Vijay Kedia portfolio stocks: Ace investor Vijay Kedia held 2.10 per cent or 2 million shares in PCL as on September 30, 2024, shareholding pattern data shows
Mobikwik IPO GMP today: Mobikwik shares were trading at Rs 415 apiece, reflecting a grey market premium (GMP) of Rs 136 or 48.75 per cent per share
Nifty today: The short-term trend on Nifty index is still bullish as it is placed above its 5, 10 and 20 days EMAs
Stock market today: What are the key support, resistance levels for the Nifty Pharma, and Energy indices? What should be the trading strategy? Here is your trading guide for stock market today
Shares of diagnostic firm Metropolis Healthcare surged 2.88 per cent at Rs 2,250 per share on the BSE in Tuesday's intraday trade