Stock Market

What is POA in Share Market? – Power of Attorney

POA in Share Market

The Karvy Stock Broking scandal disclosed the misinterpretation and misuse of the Power of Attorney (POA). The clients initially issued it in favor of their market regulator Securities and Exchange Board of India (SEBI), and Stockbroker, which had issued norms on 25th February 2020. Therefore, the guidelines consigned rules about the use of POA and …

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What Is FINNIFTY – Nifty Financial Services Index

What Is FINNIFTY - Nifty Financial Services Index

Do you know NSE, the National Stock Exchange FINNIFTY on 11 January 2021? This is the new derivatives contract called as Nifty Financial Services Index. The FINNIFTY shows the behavior and trends of the Indian stock or financial market. It includes all the financial services, banks, insurance organizations, and other companies that belong to financial services.  …

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