SEBI bars mutual funds from pre-IPO placements, allows anchor investments

The move follows recent amendments that expanded anchor investor quotas in IPOs—raising total reservation to 40 per cent, with 33 per cent earmarked for mutual funds and 7 per cent for insurers and pension funds. Read More | Source: The Hindu Business Line…

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Stock markets fall in early trade dragged by weak global peers

In Asian markets, South Korea’s Kospi, Japan’s Nikkei 225 index, Shanghai’s SSE Composite index and Hong Kong’s Hang Seng index were trading lower. Kospi traded over 3 per cent lower while Nikkei 225 index dropped more than 2 per cent Read More | Source: The Hindu Business Line…

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