Mumbai: Mid- and small-cap stocks tumbled on Monday as heightened concerns that the recent run-up in several of them – especially public sector companies – has been excessive, and prompted investors to aggressively cut their bets. If the decline in share prices continues, it could result in margin calls by brokers – a situation where …
Mumbai: The Securities and Exchange Board of India(Sebi) has extended the deadline for nomination in demat accounts to December 31. The regulator had earlier mandated that trading and demat accounts that do not have a choice of nomination by September 30 would be frozen. Sebi said that based on the representations received from stock exchanges, …
The reasons Brokers often have reservations about allowing investors to link their trading accounts with demat accounts held by clients at other brokerages. For one, they face challenges in analysing an investor’s demat accounts held with other depository participants (DPs) or brokers. This lack of transparency can complicate the management and verification of an investor’s …