Brokerages
Near-term demand worries likely to weigh on Page Industries stock
Brokerages have mixed view after correction in stock price
 "Near-term demand worries likely to weigh on Page Industries stock")
Over 18 mn Indian citizens' personal data exposed in data broker breaches
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
 "Over 18 mn Indian citizens' personal data exposed in data broker breaches")
Will Budget 2023-24 be populist or pragmatic? Brokerages weigh in
Budget to focus on rural India, capex, and manufacturing push, as well as prioritising macro stability
 "Will Budget 2023-24 be populist or pragmatic? Brokerages weigh in")
Paint biz goes off-colour, likely to see a fresh coat of downside in demand
Q3 witnessed weak volumes; valuations do not factor in risks
 "Paint biz goes off-colour, likely to see a fresh coat of downside in demand")
High-frequency traders must be highly cost-conscious while choosing brokers
Platform reliability, time to meet margin calls are other key criteria for traders while selecting a broker
 "High-frequency traders must be highly cost-conscious while choosing brokers")
Paint industry could see further downsides on demand, competitive pressures
Q3 could see weak volumes; hurdle for incumbents is new entrants in the sector
 "Paint industry could see further downsides on demand, competitive pressures")
Margin of safety
ASBA must be properly tested for secondary markets
 "Margin of safety")
Sebi issues debt broker license to Zerodha-backed GoldenPi Technologies
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
 "Sebi issues debt broker license to Zerodha-backed GoldenPi Technologies")
Multiple growth avenues may give a fillip to Sumitomo Chemical stock
The stock has recovered some lost ground since November, as the Glyphosate herbicide overhang is behind for now
 "Multiple growth avenues may give a fillip to Sumitomo Chemical stock")
Brokerages pick banks, infra and telecom for 2023 play; IT, metals may drag
The banking sector was a standout performer in 2022 with the Nifty PSU Bank rallying almost 70 per cent
 "Brokerages pick banks, infra and telecom for 2023 play; IT, metals may drag")
From SBI to IHCL: 23 stocks brokerages are betting for 2023
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
 "From SBI to IHCL: 23 stocks brokerages are betting for 2023")
Agrichemical exporters expected to clock better growth than domestic peers
Brokerages have a mixed outlook on margin trajectory for the sector
 "Agrichemical exporters expected to clock better growth than domestic peers")
New assets, expansion to drive growth for mall firm Phoenix Mills
Brokerages expect double digit earnings growth over the next three years
 "New assets, expansion to drive growth for mall firm Phoenix Mills")
Brokerages positive on Godrej Consumer on growth recovery, lower costs
Extent of margin gains will depend on extent of ad spends and price cuts
 "Brokerages positive on Godrej Consumer on growth recovery, lower costs")
Profit-led rally in GIC may fizzle out sans turnaround in underwriting biz
Unless the underwriting business starts looking up, brokerages are reluctant to give a buy call on the stock despite the recent rally
 "Profit-led rally in GIC may fizzle out sans turnaround in underwriting biz")
Charging bulls or grappling bears? Stocks & sectors to buy and sell in 2023
Here's how leading brokerages and research houses expect 2023 to play out for the equity markets, and their sector preferences
 "Charging bulls or grappling bears? Stocks & sectors to buy and sell in 2023")
New norms likely to hit demand, keep CG Consumer stock under pressure
The new norms will make it mandatory for ceiling fans to have star ratings, as is currently the case with air conditioners and refrigerators
 "New norms likely to hit demand, keep CG Consumer stock under pressure")
'Underweight' on India, China to lead Asian outperformance in 2023: Nomura
The key risks identified by the brokerage are stretched government finances and oil prices going past $120 a barrel
NSEL scam: Sebi bans five major commodity brokers for six months
The brokers had appealed to the Securities Appellate Tribunal (SAT) against a previous order by Sebi issued in 2019
Settlement scheme to be extended for 150 brokers from December 19
The scheme ends on January 19, 2023; terms and conditions will be made available on date of commencement
