A Securities Exchange Board of India (SEBI) proposal by way of a consultative paper on 18 July 2019 to amend Reg. 33 of SEBI Listing Obligations and Disclosure Requirements (LODR) Regulations seeks to lay down in the rule book of listed entities that when auditors want to resign in the middle...
INDIAN MARKET TRENDS
For the period from 12 July 2019 to 18 July 2019, the Sensex, the NIFTY and ML Mega-cap Index ended flat. ML Large-cap Index fell 2% while ML Mid-cap Index fell 3%. Both, ML Micro-cap Index and ML Small-cap Index, fell 4%.
FUND...
Auditors are suddenly in the news. They are either being investigated or, scared of such actions, they are jumping the ship even from well-known companies. In reality, what is an audit? An auditor goes through the books and other supporting records I present to him about a narrative of all...
We had mentioned in last week’s closing report that Nifty, Sensex were still under pressure. The major indices of the Indian stock markets were volatile and ended with losses over previous Friday’s close. The trends of the major indices in the course of the week’s trading are given in the...
Guidelines
1. The Grader captures the first two of the three intrinsic factors that drive a stock: valuation, returns and growth. Since growth is volatile and difficult to capture through a metric, we have used only the first two factors. In place of growth, we have provided...
