Indian market closed in the red for the second consecutive day in a row on Wednesday. The BSE Sensex fell more than 100 points while the Nifty50 managed to hold on to 24,800 levels.
Sebi has launched the Past Risk and Return Verification Agency (PaRRVA) to combat mis-selling of investment products. This tech-driven system, linking credit rating agencies and
ICICI Prudential Asset Management Company’s ₹10,600 crore IPO will open on December 12, with shares priced between ₹2,061-2,165. The offering is entirely an offer for
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