Groww IPO, Nov. 3 -- The initial public offering (IPO) by Groww's parent, Billionbrains Garage Ventures, comes at a time when the market regulator is looking to tighten the futures and options (F&O) market. This, experts feel, could cast a pall of gloom over Groww's IPO, which is set to hit the Indian primary market on Tuesday, November 4.
Significant regulatory uncertainty is creating ripples in the Indian broking industry, especially around potential curbs on the weekly expiry. Market speculation was rife that the Securities and Exchange Board of India (Sebi) is looking to put an end to weekly expiries amid concerns that these instruments are being used for speculative purposes, causing losses for retail investors.
This remains a caus...
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