The new margin rules went into effect today after Sebi’s refusal to extend the deadline to implement the new rules on margin commitment. Sebi’s new margin rules are intended to provide transparency and prevent brokerages from misusing client securities. These rules were released earlier this year in February and were …
Read More »Geopolitical Tension, Profit Reserve: 5 Reasons Markets Corrected Today
After an initial blowout Monday morning that pushed the S&P BSE Sensex to the day high of 40,010.17, markets lost ground as the trade progressed. The S&P BSE Sensex lost more than 1,200 points in intraday trading to hit a low of 38,714.43 as trading progressed. Around 2:45 p.m., the …
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