Sebi’s bank guarantee ban to make life tougher for small brokers

April 27, 2023

In a circular on Tuesday, the Sebi barred stockbrokers from creating bank guarantees by pledging clients’ funds starting from May 1. Brokers must close all existing bank guarantees by September 30. The move aims to curb misuse of investors’ money.

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Sebi is tightening the reins on advertising practices for online bond platforms, aiming to protect investors from hasty decisions. New rules mandate that promotional content

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Dalal Street Week Ahead: Selective Buying Favoured as Nifty Remains Range-Bound

Nifty remained range-bound, falling 0.47% to 24,252 amid subdued volatility. Resistance at 24,450–24,750 remains crucial, while 23,900–24,100 offers support. Analysts recommend selective, stock-specific positioning until

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