Sebi to curb finfluencers to help investors get accurate, unbiased info
Under the proposal, finfluencers need to be registered with Sebi and adhere to specific guidelines.
Stay updated with breaking news from Wright Research. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Under the proposal, finfluencers need to be registered with Sebi and adhere to specific guidelines.
Jio: Another expectation that was not on the agenda while being expected, was the launch of 5G devices at a reasonable price.
Stocks of new-age companies have seen a mixed performance thus far in calendar year 2023 (CY23). While those of One97 Communications (parent company of Paytm), PB Fintech and Zomato have surged up to 63 per cent year-to-date (YTD), FSN e-commerce, the parent company of Nykaa, however, has dropped 14 per cent YTD. By comparison, Nifty50 and Nifty 500 indices have advanced 7 per cent and 8.7 per cent, respectively, during the period, ACE Equity data show.
Shares of Paras Defence and Space Technologies surged more than 17 per cent to Rs 841.80, hitting its new 52-week high, with a total market capitalization of more than Rs 3,100 crore.
Market watchers believe a triumphant soft landing could significantly boost investor confidence