Latest News
-
25% Dividend Record Date: Logistic Stock Nears 1-Year High And It Belongs To Mahindra; Motilal Neutral -
1:10 Split, 26 Dividends: Tata's 26-Year-Old Retail Stock In Focus, Q4, Dividend Ahead; Buy For Target Rs 4200 -
1:5 Split Soon: Rs 2,300 Defence Stock To Split Into Five Shares, Rs 400 Cr Fundraising Too; Hits 52-Week High -
Penny Stock Bags Back-To-Back Orders Worth Rs 500 Mn, 110 Mn; Shares Hit Upper Circuit -
Marshall Wace Offloads Stakes in 21 Indian Companies for Rs 2,365 Crore -
Rishi Sunak Announces Generational Hike in UK Defence Spending -
Dr Reddy's Issues Recall for Six Drug Lots in US Over Subpotency Concerns -
Dr Reddy's Voluntarily Recalls Six Drug Lots in US Over Potency Concerns -
IRCON, RITES: 2 Multibagger Navratna Railway Stocks Potential To 17-24% Upside Ahead; Assigned BUY Rating -
AU Small Finance Bank Unveils New Products Including Rupay Credit Card
SEBI Relaxes Rules To Offer Relief Amid Covid19 Lockout
To provide relief to market participants amid coronavirus pandemic, the market regulator SEBI has relaxed few of the rules. So, the various relaxations provided are as follows:
- Penalty on non-collection or short collection of margins by brokerage houses will now come into effect from April 30, 2020 instead of April 1. Nonetheless, reporting of margins in cash and derivatives segments would be carried on by the broker community.
- Brokers not keeping call records of orders or instructions received from clients due to work from alternate places shall be expected from penal provisions till March 2020.
- Further, the effective date of SEBI's guidelines relating to valuation of money market and debt instruments on the basis of mark-to-market valuation stands extended by one month's time to May.
- SEBI's circular on risk management framework for liquid mutual fund scheme has been also extended by one month.
- Trading members will be put in risk reduction mode as and when they utilize 90% of the capital towards margins. Earlier this threshold limit was 85%.
GoodReturns.in
