Economy & Policy◆ Mixed
Next major wave in retail broking will originate from smaller towns and villages: SEBI chief
SEBI is in focus.
· Business Today Mkts
Highlighting India's steady 7% economic growth projection by the IMF, SEBI Chairman Tuhin Kanta Pandey said that the country's performance continues to outpace global averages at more than twice the international pace.
The analysis
SEBI reported movement of 7%. Those are the figures as filed — what moves the price is how they sit against what the market already expected, not their absolute size.
Why it matters
- With SEBI involved, this carries a regulatory dimension that can outlast the immediate market reaction.