“Although market pared gains, Sensex hitting the psychological 60,000-mark intra-day signifies investors’ faith in the domestic economy. While stock markets may look a bit pricey, India’s long-term growth potential does bring some stability at a time when the economic slowdown in key economies is staring at recession fears,” said Amol Athawale, Deputy Vice President – Technical Research, Kotak Securities Ltd.
Sebi warns of no regulatory recourse for investors trading in unlisted securities
Sebi has cautioned investors against trading unlisted securities through unauthorized websites and electronic platforms. The regulator said such platforms operate outside its oversight, leaving investors