The Securities and Exchange Board of India (Sebi) is set to launch fixed income channel partners to broaden access to the retail bond market. This initiative is particularly focused on increasing engagement in smaller cities across India. Eligible individuals and firms can qualify as partners by fulfilling specific certification standards. Notably, existing mutual fund distributors can apply without incurring any enlistment fees.
Negative Breakout: These 5 stocks cross below their 200 DMAs
In the Nifty200 pack, five stocks’ closing prices crossed below their 200-day moving averages (DMA) on October 23, according to technical scan data from StockEdge.