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Mobile phones in India have transformed trading, making it convenient and accessible. Retail investors can now open demat accounts quickly using mobile apps. Mobile trading has gained popularity, especially during lockdowns, allowing retail investors to open demat accounts easily.
India's stock exchanges, including BSE and NSE, have jointly developed the IRRA platform to reduce risks faced by investors due to certain technical glitches. Here's all you need to know about it.
Capital markets regulator Sebi has imposed a penalty totalling Rs 1.3 crore on 25 individuals for indulging in volume and price manipulation in the shares of non-banking finance company Capri Global Capital Ltd (CGCL). They have been directed to pay the fine within 45 days, the Securities and
Brokers will have to ensure that clients’ details are updated on UCC system, since they will be used for granting access
The move is expected to substantially reduce the risk of fund misuse.