Sebi releases a consultation paper on the review of issue and listing of debt instruments and security receipts, proposing changes such as a minimum ticket size of ₹ crore for regulated entities, a revised limit of 200 investors for private placement, and specific guidelines for debt/receivables and investor rights.
Open FlipWall Street traders hoping for a clear direction on stocks after Thursday’s selloff didn’t get that in late hours amid a mixed bag of earnings from a pair of tech heavyweights. A roughly $300 billion exchange-traded fund tracking the Nasdaq 100 (QQQ) struggled for direction after the close of regular trading. Apple Inc., the world’s most valuable company, fell 2%.
Open FlipAmid an overall weak market sentiment, individual small and midcap stocks enjoyed their northward rally with shares of WPIL Ltd surging by as high as 44.16% in just one week. Shares of Prudent Corporate Advisory Services rallied 40% to close the week at Rs 3,577.65 on the BSE. The stock had gained 14.75% in the last trading session alone.
Open Flip