NSE’s listing plans hinge on resolving the financial relationship between the exchange and its clearing arm, NSE Clearing. SEBI has suggested NSE Clearing should become financially independent, potentially by directly collecting fees from brokers. This move aims to strengthen NSE Clearing’s balance sheet and ensure its stability post-IPO, addressing concerns about its reliance on the parent company.
Mid- and small-cap pressure persists as valuation concerns deepen: Harsha Upadhyaya
Amidst DII buying and FII outflows, mid- and small-cap corrections are driven by valuation and earnings realities, according to Harsha Upadhyaya. He advises caution in