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Context is everything.
Detailed stories on technology startups, business and economic current affairs.
Detailed stories on technology startups, business and economic current affairs.
Questions have been raised about the possible role of their statements in the massive stock market swings around the elections.
Last week, a plea filed in the Supreme Court sought a report from the Centre and the Securities and Exchange Board of India about the market crash following the Lok Sabha election results.
Indian stock markets witnessed massive swings on 3-4 June. On 1 June, most exit polls had predicted a thumping win for the Narendra Modi-led Bharatiya Janata Party, with some projecting that the BJP-led coalition—the National Democratic Alliance—would get over 400 seats in the 543-member Lok Sabha.
On 3 June, the markets rallied, especially in morning trading. Benchmark indices Sensex and Nifty 50 hit record highs. The rally …
Thinly traded listed entities have long served as breeding grounds for stock manipulation, hurting investors. The regulator, the NSE and BSE now want to fix things by focusing on efficient delisting.
The newly announced levy on UPI payments undermines the very foundation of using digital payments for stock market investing. Brokers are in a tizzy.
A month on, CAS has only amplified volatility, manipulation and confusion rather than containing them.
