Sebi chairman Tuhin Kanta Pandey clarifies market dynamics influencing stock valuations. He emphasizes investor choice in IPO subscriptions, highlighting the role of disclosures. Pandey addresses concerns regarding high IPO valuations and preferential issues. He also discusses reforms aimed at easing Foreign Portfolio Investor registration and the potential introduction of a closing auction mechanism.
Expect limited upside in near term, stick to stock-specific strategy; Vedanta, Motherson among top picks: CA Rudramurthy BV
Indian markets are struggling to maintain gains despite positive domestic news. Global factors and foreign selling are creating caution. Short-term traders are advised to reduce