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Ashwin J Punnen
About the AuthorAshwin J Punnen
    On November 22, Sebi barred Karvy from taking new brokerage clients and also prevented it from using the power of attorneys (PoAs) given by its clients after the brokerage was found to have allegedly misused clients securities.Business
    Lenders get no immediate relief from SAT in Karvy case

    The private sector banks joined the Bajaj Finance petition on Tuesday and there was a lengthy hearing.

    5 Dec 2019 1:00 AM IST

    Photo: FileBusiness
    Market cautious ahead of MPC meet

    Banking stocks saw selling pressure as investors took a cautious stance ahead of the RBI monetary policy meet outcome...

    4 Dec 2019 1:43 AM IST

    The decision came after Bajaj Finance challenged Sebis decision to return to Karvys clients the securities that the broking house had illegally pledged to raise money for itself.Business
    Transfer of stocks to Karvy clients halted on SAT order

    Interim stay follows appeal by Bajaj Finance & private banks.

    4 Dec 2019 1:21 AM IST

    ction by the bourses follows the November 22 Sebi order, which had in its preliminary findings held that the brokerage firm had misused client securities and used it for other purposes. Karvy had sold clients securities and the proceeds were transferred to related party businesses, such as Karvy Realty Ltd.Business
    Karvy Stock Broking’s trading licence suspended

    Exchanges cite non-compliance with market rules.

    3 Dec 2019 1:41 AM IST

    The barely two-year-old P2P lending market is estimated to be valued at more than Rs 300 crore. Since 2017, the Reserve Bank of India (RBI) has given approval to as many as 20 P2P firms. Four of these firms are based in Hyderabad.Business
    RBI policy, macro data to drive market

    Investors will be closely monitoring foreign fund flows, crude movement and the rupee.

    2 Dec 2019 2:15 AM IST

    Analysts said FIIs are preferring emerging markets such as India as the recent easy monetary stance of US Federal Reserve and the European Central Bank has improved liquidity in world markets.Business
    Market tanks over growth worries

    The Sensex plunged 336.36 points or 0.82 per cent to close at 40,793.81.

    30 Nov 2019 1:47 AM IST

    Sebi Chairman Ajay Tyagi said compliance to the corporate governance should be on a principled basis and not merely from a \tick-mark\ perspective where a company only looks at mandated requirements.Business
    Sebi to review related party transactions

    Some listed companies, especially due to their family-driven nature, have been found to be wanting on the related-party...

    28 Nov 2019 1:49 AM IST

    The action followed leading bourse NSE forwarding a preliminary report to Sebi on the non-compliances observed with respect to the pledging/misuse of client securities by Karvy Stock Broking Ltd (KSBL).Business
    Karvy got into ‘never allowed’ activities: Sebi

    Last Friday, Sebi barred Karvy from taking new clients for stock broking activities over alleged misuse of clients-'...

    28 Nov 2019 1:26 AM IST

    Analysts said FIIs are preferring emerging markets such as India as the recent easy monetary stance of US Federal Reserve and the European Central Bank has improved liquidity in world markets.Business
    Sensex hits new closing high, wealth rises by Rs 1.81 trillion

    Easy monetary stance of US Fed has improved liquidity.

    26 Nov 2019 12:55 AM IST

    The Sensex had made huge gains in May-June following the NDA victory and touched a high of 40312.07 on June 4, 2019.Business
    Market in consolidation mood

    Traders should ideally avoid trading during such low volatility corrective phases, analysts said.

    25 Nov 2019 2:12 AM IST

    Private bank and disinvestment related stocks closed higher. The currency was at 71.45 and 10 years Bond Yield was at 6.56, which is negative for the market, if these hold at the same levels for the next few days, analysts said.Business
    Stock market enters a consolidation phase

    The BSE Midcap and Smallcap fell 0.73 percent and 0.43 percent respectively.

    22 Nov 2019 12:52 AM IST

    The Sensex had made huge gains in May-June following the NDA victory and touched a high of 40312.07 on June 4, 2019.Business
    Nifty upside capped due to fair valuations

    Sensex touching all time high, while the Nifty crossed 12k mark during the day.

    21 Nov 2019 1:47 AM IST

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