Sebi will implement measures from April 1, 2025, to reduce unclaimed assets in the securities market. These include handling inactive accounts, mandating contact and bank details, nomination options, and simplifying transmission norms. DigiLocker will help investors manage their financial assets, and it is recommended for investors to appoint nominees in DigiLocker.
Short-term market weakness likely; defensive sectors poised to outperform: Rohit Srivastava
Rohit Srivastava suggests the recent market rally from early April might be ending, entering a corrective phase influenced by geopolitics and the upcoming FOMC meeting.