 |
|
|
|||||
The Securities and Exchange Board of India (Sebi) is proposing to scrutinize market indices heavily used by mutual funds, particularly those with over 20,000 crore in assets. A new framework will identify 'significant indices,' requiring their providers to register with Sebi. This move aims to enhance investor protection by bringing key benchmarks under regulatory oversight.
Category:
News and Media
Wipro shares plummeted over 8% on Monday following a disappointing fourth-quarter growth outlook provided by the IT services firm. The company reported revenue of 23,556 crore for the quarter ended December 31, with modest sequential and year-on-year increases. Analysts expressed concern over the management's guidance, leading to a significant drop in the stock price.
Category:
News and Media
Reliance Industries shares saw a significant drop on Monday. This decline followed the company's third-quarter results. Analysts point to slower growth across its business segments. Investors are advised to observe further developments. The stock has experienced a notable fall in the past month. Technical indicators suggest continued weakness. A cautious approach is recommended for retail investors.
Category:
News and Media
All news |
||||||||||||||||||
|
||||||||||||||||||