The Reserve Bank of India has allowed asset reconstruction companies (ARCs) to raise equity capital by listing their shares in the market, providing an opportunity to enhance liquidity and investor base. This move comes as ARCs face challenges in raising capital amid competition from government-backed entities and stringent net worth requirements.
Over 800 smallcaps end the week in red. 116 stocks fall in double-digits up to 43%
BSE Smallcap fell 2% last week, with 821 stocks declining up to 43%. Market sentiment remained weak due to US recession fears and tariff wars.