Sebi is tightening intraday position limits in equity index derivatives starting October 1, aiming to curb volatility and potential market manipulation, especially on expiry days. The new framework sets a 5,000 crore intraday net futures-equivalent position limit in index options, down from the existing 1,500 crore end-of-day cap.
Raamdeo Agrawal advocates for bold reforms by the government. He notes the current market dynamics of promoters selling and retail investors buying. Agrawal sees opportunities despite pricey valuations, advising investors to buy and hold for long-term growth. He cautions against the risks of investing in unlisted companies. He suggests a SIP approach for lump sum investments.
A federal judge on Tuesday ordered a major makeover of Googles search engine in a crackdown aimed at curbing the corrosive power of an illegal monopoly, but rebuffed the U.S. governments request to break up the company.
The Evanston Land Use Commission voted against a proposed 31-story, 430-apartment residential building in downtown Evanston on Aug. 27 at the end of a five-hour meeting. The tight 3-4 vote reflected concerns of some on the commission, who cited concerns about the building’s height, the wind effects it would cause for pedestrians and loss of […]