Euphoria ebbing? Number of smallcap stock gainers plunge 27% week-on-week

Euphoria ebbing? Number of smallcap stock gainers plunge 27% week-on-week

While the benchmarks Sensex and Nifty 50 clocked losses for the fourth straight week, the broader market also lost some of its momentum as was visible in the stock performance. In the week gone by, 55 smallcap stocks gave double-digit positive weekly returns, as compared to 75 stocks a week ago. In the BSE 500 … Read more

Promoters must disclose family pacts: Sebi

Promoters must disclose family pacts: Sebi

Mumbai: Come July 15, promoters must disclose to exchanges their family settlement agreements or arrangements that have a bearing or influence on management control of listed entities for such deals to remain legal. In its notified rules, the capital market regulator Securities and Exchange Board of India (Sebi) has said that agreements that subsist as … Read more