AST WEEK, THE Securities and Exchange Board of India (Sebi) gave a big push to deepen the T+0 settlement cycle by extending the number of stocks to 500, giving brokers incentive to charge differently. The regulator also made it mandatory for all brokers to offer the option to investors. These actions come against the backdrop of negligible activity in the T+0 segment since its launch with 25 stocks in March. The beta version has seen just 125 trades in the last seven months, with transactions of less than ₹10 lakh. Worse, there has been no trade under this cycle on the National Stock Exchange and the Bombay Stock Exchange (BSE) since September and June, respectively. Clearly, despite the hard-sell by Sebi's top management, brokers and investors don't seem to be convinced about the utility of this settlement cycle.
Bu hikaye Financial Express Chandigarh dergisinin December 16, 2024 sayısından alınmıştır.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber ? Giriş Yap
Bu hikaye Financial Express Chandigarh dergisinin December 16, 2024 sayısından alınmıştır.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber? Giriş Yap
Maharashtra portfolios: CM keeps home; Pawar gets finance
MAHARASHTRA CHIEF MINISTER Devendra Fadnavis on Saturday allocated portfolios to his council of ministers, retaining the crucial Home department with him.
Film fest raises toast to women, Kerala hopes industry follows
WHEN SHE SET out to direct her first feature film, Adithya Baby had an army of university classmates as her cast and crew.
AAP rejects claims of nod to prosecute Kejriwal
AAM AADMI PARTY leaders in Delhi, including chief minister Atishi, on Saturday rejected claims that Lieutenant Governor VK Saxena has granted sanction to the Enforcement Directorate to prosecute party supremo Arvind Kejriwal in the alleged excise policy scam.
US shutdown averted, with funding bill rushed by Senate
Gets overwhelming approval in the House of 366-34
A 'second tree of life' could wreak havoc, scientists warn
Research on altering fundamental DNA, protein structures could lead to synthesis of lethal organisms
How to repair the planet? An answer hides in plain sight
What if we're looking at environmental problems the wrong way? What if we tackled them as a whole, instead of individually?
Battle for Mont Choisy
A Sunday showdown at the 2024 AfrAsia Bank Mauritius Open golf finale
Big blows for the Constitution
A commemoration of 75 years of adoption of the Constitution in Parliament
Shame and hypocrisy
WHAT REALLY NAUSEATED me about the shenanigans in Parliament last week was the hypocrisy.
Get informed on inflammation
We all know about anti-inflammatory diets, but do we know inflammation?
