On Friday, BSE and NSE announced, following a joint surveillance meeting with Sebi, the ESM mechanism will be extended to companies with market capitalization below ‘1,000 crore. Parameters for shortlisting securities under the ESM framework include high-low price variation and close-to-close price variation
Sebi permits use of mutual funds for IAs, RAs deposit compliance
Sebi has allowed investment advisers and research analysts to use liquid mutual funds and overnight mutual funds for meeting their mandatory deposit requirements, providing an