Until the end of FY23, markets had underperformed for a couple of years, while earnings growth for markets during this time was in the mid-teens. Thus, the recent movement in the markets, to a great extent, is a catch-up rally.
Sebi has launched the Past Risk and Return Verification Agency (PaRRVA) to combat mis-selling of investment products. This tech-driven system, linking credit rating agencies and
ICICI Prudential Asset Management Company’s ₹10,600 crore IPO will open on December 12, with shares priced between ₹2,061-2,165. The offering is entirely an offer for
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