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
Energy, telecom continue to draw foreign flows in Nov
Foreign investors injected significant capital into India’s energy and telecom sectors in the latter half of November, continuing a trend from earlier in the month