In separate notifications over the weekend, IBBI allowed creditors to sell part assets in case they get more value. More importantly, the regulator also announced a performance-based pay structure for resolution professionals (RPs). Both moves will have far-reaching changes to recoveries, consultants said.
Positive Breakout: These 3 Nifty stocks cross above their 200 DMAs
In the Nifty50 pack, three stocks’ close prices crossed above their 200 DMA (Daily Moving Averages) on January 2, according to stockedge.com’s technical scan data.