Groww’s Rs 6,632 crore IPO, which saw 57% subscription on Day 1, has received a wave of positive recommendations from leading brokerages. Most analysts rated the issue as “Subscribe,” citing Groww’s leadership in India’s retail investing market, robust tech stack, and long-term potential despite steep valuations.
Sebi imposes Rs 10 lakh fine on Anand Rathi for violation of stock brokers’ norms
India’s market regulator Sebi fined Anand Rathi Share and Stock Brokers ₹10 lakh after inspections found multiple regulatory violations, including delayed glitch reporting, excessive capacity