Last week, low-cost brokerage 5paisa.com appointed former Flipkart chief technology officer Ravi Garikipati on its board as an independent director
This will ensure that you don't have to give power of attorney to your broker and yet do not lose out on convenience
45 stocks under watch after reports of unauthorized trading tips being exchanged on messaging platforms
Trades through mobiles accounted for a fourth of transactions on NSE in July
This would be their third meeting with Sebi
You should also avoid brokers with a high level of debt in their balance sheets; Move your account to another broker if the one you're dealing with delays making payouts
They are spending Rs 2,000 per head to attract customers
Retail investors enter the market ahead of a correction but this time could be different, says Nikhil Kamath.
Over 12.5 billion new shares issued in the FPO commenced trading on Monday
MCX move follows after it settled April crude oil futures at minus Rs 2884 price even as their software was not permitting negative price trade following close of Nymex crude
Brokers are supposed to report, on a weekly and monthly basis, the shares of clients that they hold
This prompted industry body Association of National Exchanges of Members of India to write the authorities.
Anmi has urged Sebi to explicitly declare brokers under essential services to enable them to work smoothly
This comes after 75 districts across all India were put on total lockdown in the wake of coronavirus pandemic
Brokers have blocked payouts to YES Bank accounts and disabled YES Bank in the payments gateway
This comes after Sebi observed that some brokers have misused clients' securities
Over 39 locations spread across Mumbai, Kolkata, Kanpur, Delhi, Noida, Gurugram, Hyderabad and Ghaziabad were covered under the operation, the department said in a statement on Saturday
The survey also found that almost 86 per cent of brokers consider technology as an important factor for their businesses by 2020 and 79 per cent of them are currently active investors in technology
Sources say the issue is not limited to just Karvy Stock Broking, with over three dozen more brokers under lens for misappropriating client funds to the tune of Rs 10,000 crore
India is hardly immune to the global trend of sliding fees and trading commissions.