Rating agencies lack information but they need to be accountable Last week, SEBI penalized ICRA and CARE Rs.25 lakhs each for laxity in due diligence in the IL&FS case. Some of the proxy advisories were of the view that the penalty was too small Read more [...]

Mutual fund distribution may undergo a shift as pooling is moving out Last week, SEBI announced potentially far-reaching changes in the way mutual funds are distributed in India. A full 7 years after Direct Plans were launched in India; regular plans Read more [...]

New SEBI regulations may not be great news for RIAs Over the last few years, SEBI has been quite perturbed by the breed of advisors who literally survive on giving hot tips to the financial market customers. Most small investors tend to believe these Read more [...]

News Announcement Impact Analysis Nearly 75% of BSE brokers have shut shop in India since 2014 Traditional brokers have found it tough to survive against the onslaught of low cost broking and the use of technology The number of active Read more [...]

For the coming week, there could be some interesting trading cues including the second round of Operation Twist worth Rs.10,000 crore. This is likely to benefit banks by pushing yields lower and bond prices higher. Additionally, PSU banks could be mixed Read more [...]

Click for circular : https://www.achiieversequitiesltd.com/wp-content/uploads/2019/04/Trading-holiday-2020.pdf Read more [...]

Despite optimism of the trade deal between the US and China, the last F&O expiry of the year did result in some selling pressure as the Sensex settled nearly 300 points lower. Most of the frontline stocks came under pressure on Thursday. The Read more [...]

In a move that largely surprising move, SEBI fined ICRA and CARE Rs.25 lakhs each for lack of due diligence in the case of IL&FS. It may be recollected that rating agencies had given AAA rating to IL&FS just before the company made huge defaults Read more [...]