Listed broking firms faced significant profit declines in the March quarter due to stricter regulations imposed by SEBI, including the scrapping of popular derivative products and reduced trading activity following a stock market downturn. These regulatory changes, such as uniform fee structures and true-to-label norms, impacted retail participation and increased transaction costs.
Positive Breakout: These 10 stocks cross above their 200 DMAs
In the Nifty 500 pack, 21 stocks closed above their 200-day moving average (DMA) on July 15. From these, we have highlighted 10 stocks that