close
This ad will auto close in 10 seconds
Sensex slips 133 points in early trade lead by banking heavyweights

Sensex slips 133 points in early trade lead by banking heavyweights

The BSE benchmark Sensex fell over 133 points and the Nifty slipped below the 8,100-mark in early trade today as banking stocks led fall on fresh selling amid mixed Asian cues.

Brokers can't hire celebrities to endorse prize money schemes

Brokers can't hire celebrities to endorse prize money schemes

Top stock exchanges BSE and NSE have barred brokers from engaging celebrities to endorse schemes involving distribution of prize money and asked them to withdraw advertisements, if any, with immediate effect.

JLL partners brokers network platform BroEx to sell homes

JLL partners brokers network platform BroEx to sell homes

BroEx, a mobile-based property brokers network, has tied up with real estate consultant JLL India's housing arm for getting access to exclusive deals

SEBI bars 22 brokers for 'tax evasion' trades of Rs 8,100 crore

SEBI bars 22 brokers for 'tax evasion' trades of Rs 8,100 crore

Continuing its crackdown on misuse of stock exchange system for tax evasion, regulator SEBI Wednesday barred 22 brokers from securities market for executing 'reversal trades' worth over Rs 8,100 crore to generate fictional profits or losses.

Sebi asks exchanges to crack down on frivolous trades

To tackle the menace of freak and erroneous trades, markets regulator Sebi on Thursday asked stock exchanges to penalise brokers placing erroneous orders and discourage the annulment requests.

Brokers under scanner for moving investors' money abroad

Interestingly, all the five brokers are based in the national capital region and at least two of them have already faced market regulator Sebi's ire for various discrepancies.

Brokers found to be short-changing investors; to face Sebi ire

Sebi has now decided to thoroughly look into the matter to ensure that investors are not taken for a ride and their grievances are addressed effectively, a senior official said.

Submit associate members' details by Feb-end: NSE to brokers

Leading bourse National Stock Exchange (NSE) has asked brokers to submit details of its associate members by the month-end as part of market regulator Sebi's new risk management regime.

Sebi plans profiling of major investors to boost surveillance

Sebi plans profiling of major investors to boost surveillance

This follows Sebi having put in place mechanisms for risk profiling of the brokers and listed companies so as to understand the associated risk.

Sebi's new mechanism to allow one-time registration for DPs

Making procedural requirements simpler for brokers, Sebi on Tuesday put in place a new mechanism to allow one-time single registration for the depository participants.

Brokers may face joint-inspection by stock exchanges

To put in place a more effective system for monitoring brokers so as to check unfair trade practices and frauds, capital markets regulator SEBI is mulling over a proposal to allow stock exchanges to conduct 'joint inspection' of their members.

FTIL opposes merger of NSEL with itself

FTIL on Tuesday opposed the merger of scam-hit NSEL with itself as proposed by regulator FMC for speedy recovery of dues.

Sebi to propose one time registration system for brokers

Seeking to simplify procedural requirements, Sebi proposes to have one-time registration process for stock brokers and clearing entities that would allow them to operate across bourses.

Brokers step up hiring as bulls fire up markets

The new found euphoria in stocks has helped the brokerages consider ramping up headcount as volumes doubled in a short time and indices vaulted to records.

Dealing room networking chats under Sebi scanner

Dealing room activities of brokers, fund managers and other institutional investors have come under regulatory scanner for possible manipulations through use of web-based social networking apps and messaging platforms.

EOW claims gathering "crucial evidence" in NSEL probe

As many as 28 warehouses that contained commodities have been sealed, EOW official said.

First right over collaterals to bourses, clearing corps: Sebi

To thwart any systemic risk from default of brokers or trading members, Sebi has decided to give the top priority to the claims of stock exchanges and clearing corporations over collaterals, deposits or margins of such defaulter entities.

No penalty on brokers if wrong-client trades annulled

In a reprieve to brokers having erred genuinely in their share sale or purchases, capital market regulator Sebi and the stock exchanges have decided not to penalise them if the trades executed in wrong names are declared as annulled.

Brokers for status quo in trading hrs, but not to boycott

Stock brokers on Wednesday demanded both the Bombay Stock Exchange and National Stock Exchange to maintain status-quo in their trading hours, until adequate infrastructure is in place.

Brokers demand BSE, NSE to reconsider opening time

BSE Brokers Forum, a prominent body of stock brokers, on Tuesday demanded that both the Bombay Stock Exchange and National Stock Exchange reconsider their decision to commence trading from 9 am.