As a regulator, Buch said, we cannot afford to have one lakh of Indore-type investment advisors. “I have personally gone through and seen people being driven to suicide because of the bad things that happen in the market.” Citing that a large number of 35% of investment advisors are still not registered with the regulator, she said.
Positive Breakout: These 4 stocks cross above their 200 DMAs
In the Nifty200 pack, four stocks’ close prices crossed above their 200 DMA (Daily Moving Averages) on December 31, according to stockedge.com’s technical scan data.