Sebi proposed an accelerated process for crediting and trading bonus shares, suggesting T+2 trading from the record date. This aims to minimize investor risks from market fluctuations caused by delayed bonus share credits. Currently, crediting and trading these shares can take up to 2-7 working days after the record date, lacking consistent timelines.
Market Trading Guide: Tata Steel and Uno Minda are stock recommendations for Monday
Indian benchmark indices ended in the red on Thursday dragged by auto, IT and metal bank stocks. While Nifty closed at 22,397.20, down by 73.30