In today’s briefing:
- Governance Under Scrutiny: RBI, SEBI Probe on JM Financial
- EQD | NIFTY Down: Where to BUY WEEKLY
Governance Under Scrutiny: RBI, SEBI Probe on JM Financial
- Recent RBI and SEBI actions unveil irregularities in JM Financial (JM IN) Products IPO financing, exposing risks in NBFC-led subscriptions.
- Ensuring market integrity and investor protection, regulatory scrutiny highlights governance lapses, urging transparency and accountability.
- Prompts investor caution, demanding rigorous scrutiny of financial intermediaries, and reinforcing the need for robust regulatory oversight.
EQD | NIFTY Down: Where to BUY WEEKLY
- The NIFTY Index this week suddenly stopped its rally and started to correct.
- This week should close down and the next week may be also down, but if it is the odds are great for a LONG trade.
- Re-Enter the rally at prices between 21800 and 21150, this week or the next.