Sebi signals more relaxations to ease onboarding of foreign investors

The Securities and Exchange Board of India (Sebi) is planning further relaxations to make the registration process easier for foreign portfolio investors (FPIs), including a common know-your-client (KYC) framework and smoother documentation through India Digital Signature.   Over the past year, the market regulator has introduced several measures to ease FPI onboarding, including relaxations for…

Investor wealth falls below Rs 4 lakh crore for first time in nine months, should you ‘sell on rise’?

Market crash: Sensex ended 29 pts lower at 75,967 and Nifty closed 14.20 pts lower at 22,945 on Tuesday. The minor correction in the current session comes after a day of gains preceded by eight sessions of losses.   The ongoing correction dragged the market cap of BSE-listed firms below Rs 4 lakh crore (on…