Brokerages

Brokerages have mixed view after correction in stock price

India is the second-most affected country when it comes to data broker breaches, and more than 1.8 crore (18.7 million) personal records of Indian citizens were compromised

Budget to focus on rural India, capex, and manufacturing push, as well as prioritising macro stability

Q3 witnessed weak volumes; valuations do not factor in risks

Platform reliability, time to meet margin calls are other key criteria for traders while selecting a broker

Q3 could see weak volumes; hurdle for incumbents is new entrants in the sector

ASBA must be properly tested for secondary markets

The Securities and Exchange Board of India (Sebi) has issued a debt broker license to Bengaluru-based fintech firm GoldenPi Technologies. With the development, GoldenPi became the first online bond platform provider to receive a debt brokerage license from Sebi. Last year, the regulator introduced regulations for online debt trading platforms which stated that no company or individual shall act as an online bond platform provider without the certificate of registration as a stock broker under the SEBI Regulations, 2021. The awarding of the license by Sebi to GoldenPi is expected to work as a catalyst for greater investor trust in the online bonds and debentures investment space, the company said in a release. "We are extremely delighted to have received the license and are confident that this would incentivise more investors to invest in the debt market with utmost trust," said Abhijit Roy, CEO and co-founder, GoldenPi. Incorporated in 2017, the Zerodha-backed company currently of

The stock has recovered some lost ground since November, as the Glyphosate herbicide overhang is behind for now

The banking sector was a standout performer in 2022 with the Nifty PSU Bank rallying almost 70 per cent

So far in calendar year (CY22), frontline indices Nifty50 and the S&P BSE Sensex have climbed around 4 per cent each, as against 10-20 per cent fall in most of the global indices

Brokerages have a mixed outlook on margin trajectory for the sector

Brokerages expect double digit earnings growth over the next three years

Extent of margin gains will depend on extent of ad spends and price cuts

Unless the underwriting business starts looking up, brokerages are reluctant to give a buy call on the stock despite the recent rally

Here's how leading brokerages and research houses expect 2023 to play out for the equity markets, and their sector preferences

The new norms will make it mandatory for ceiling fans to have star ratings, as is currently the case with air conditioners and refrigerators

The key risks identified by the brokerage are stretched government finances and oil prices going past $120 a barrel

The brokers had appealed to the Securities Appellate Tribunal (SAT) against a previous order by Sebi issued in 2019

The scheme ends on January 19, 2023; terms and conditions will be made available on date of commencement