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SAT directs Malvinder Mohan Singh, Malav Holdings to deposit 50 pc of Sebi penalty amount

SAT directs Malvinder Mohan Singh, Malav Holdings to deposit 50 pc of Sebi penalty amount

The Securities Appellate Tribunal (SAT) has directed businessman Malvinder Mohan Singh and Malav Holdings to deposit 50 per cent of the penalty amount imposed by markets regulator Sebi within six weeks in connection with violations in a case related to Fortis Healthcare.

If they deposit the amount, then the market regulator will not collect the remaining penalty during the pendency of the appeal, the appellate tribunal said in its order. The amount deposited by the appellants will be kept in an interest bearing account and would be subject to the result of the appeal, it added.

The order came after Singh and others approached SAT against the capital markets regulator’s order passed in April, whereby it had slapped a fine of Rs 5 crore on Singh, who was the promoter of Fortis Healthcare, besides Rs 2.5 crore each on Malav Holdings, a company owned by Singh, and Gagandeep Singh Bedi, who was the chief financial officer of Fortis Healthcare.

In addition, Sebi had barred Malvinder Mohan Singh and his brother Shivinder Mohan Singh from the securities market for a period of three years. They have also been restrained from being associated as directors or key managerial personnel in a listed company or Sebi-registered intermediary of any market infrastructure institution.

The case relates to the Singh brothers, along with other entities, allegedly diverting funds from Fortis Healthcare for the ultimate benefit of RHC Holding Pvt Ltd — an entity indirectly owned and directly controlled by the erstwhile promoters. These entities acted in a fraudulent and deceptive manner which led to misuse and/or diversion of funds to the tune of Rs 397.12 crore for the ultimate benefit of RHC Holding, as per the order.

It was also alleged that Gagandeep Singh Bedi deliberately failed to carry out adequate due diligence and exercise independent judgement. In an order passed on Monday, SAT directed “the appellant Malvinder Mohan Singh, noticee no.2 and Malav Holdings P. Ltd., noticee no.4 each deposit 50 percent of the penalty amount within six weeks from today.” Bedi has been asked to deposit Rs 25 lakh within six weeks. August 1 is the next date of hearing.

Malvinder Mohan Singh’s counsel submitted before the appellate tribunal that Singh was not given adequate opportunity to contest the matter. It has been stated that the appellant is still in jail and that his advocate could not have access to him and could not receive adequate instructions.

The counsel further said it is not known as to how much penalty has been calculated under each head, adding that the penalty amount is excessive. Singh brothers are now not associated with Fortis Hospitals and Fortis Healthcare

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LIC, Shree Cement among 63 stocks to hit 52-week low on BSE, 58 scrips touch fresh highs

LIC, Shree Cement among 63 stocks to hit 52-week low on BSE, 58 scrips touch fresh highs

Benchmark indices held minor cuts in Monday’s session, tracking weakness in global markets as investors feared steeper rate hikes by the US Fed. Besides, the RBI, too, is scheduled to announce its rate hike decision on Wednesday. The BSE Sensex was down over 250 points to 55,505, and the NSE Nifty 50 slipped 60 points to 16,520. The broader markets were also in the red with the BSE MidCap and SmallCap indices down up to 0.9 per cent. IT stocks led losses on the Sensex with Wipro, Tech M, Infosys, TCS and HCL Tech dropping 1-2 per cent. Sectorally, the Nifty IT, Media, Metals, PSBs and Realty indices suffered the maximum losses, each down over 1 per cent. A total of 58 stocks hit 52-week high on BSE, while 63 scrips touched fresh lows intraday.

Stocks that hit 52-week high, low on BSE
Aether Industries, DHP India, Galaxy Bearings, HBL Power Systems, Kohinoor Foods, Moongipa Securities, Parshva Enterprises, Sadhna Broadcast, Shankar Lal Rampal Dye-Chem, Sunedison Infrastructure, Universal Starch-Chem Allied were among the stocks that hit 52-week high on BSE. Meanwhile, Aarti Industries, Anupam Rasayan India, Birla Corporation, Dalmia Bharat, Ethos, Grasim Industries, IPCA Laboratories, JK Cement, Life Insurance Corporation of India (LIC), Panasonic Energy India Company, Shree Cement, Tasty Bite Eatables, Spicejet, Ultratech Cement, Vijaya Diagnostic Centre were among the scrips at fresh lows.

Stocks that hit 52-week high, low on NSE
A total of 18 securities hot 52-week on NSE, while 47 stocks touched new lows intraday. Aether Industries, Elecon Engineering Company, HBL Power Systems, ICICI Prudential Mutual Fund – BHARAT 22 ETF, Khandwala Securities, Kohinoor Foods, Mukand Engineers, Nippon India Mutual Fund – ETF Nifty SDL – 2026 Maturity, Standard Industries were among the securities that hit 52-week high. Meawhile, Aarti Industries, Asian Hotels (West), Aptus Value Housing Finance India, Balaji Telefilms, Biocon, Debock Industries, Equitas Small Finance Bank, Hikal, Hindustan Petroleum Corporation, Isgec Heavy Engineering, Just Dial, Medico Remedies, Sanghi Industries, UTI Asset Management Company, Vertoz Advertising, Vindhya Telelinks were among the stocks at fresh lows.

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Oil prices fall on prospect of OPEC offsetting Russian output loss

Oil prices fall on prospect of OPEC offsetting Russian output loss

Oil prices fell on Thursday on speculation that Saudi Arabia and other OPEC members may boost crude output to compensate for a drop in Russian production.

Brent crude was down $2.07, or 1.8%, at $114.22 a barrel at 0649 GMT, having risen 0.6% the previous day.

U.S. West Texas Intermediate (WTI) crude dropped $2.21, or 1.9%, to $113.05 a barrel, after a 0.5% rise on Wednesday.

The benchmarks have marched higher for several weeks as Russian exports have been squeezed by U.S. and EU sanctions against Moscow over its invasion of Ukraine, action Moscow calls a “special operation”.

The market has also seen support from China’s gradual emergence from strict COVID-19 lockdowns.

But oil prices fell on Thursday ahead of a meeting of Organization of Petroleum Exporting Countries and allies including Russia, known as OPEC+, during which the group will decide on an oil production policy for July.

Saudi Arabia and other OPEC members could boost oil output to offset a drop in Russian production, two OPEC+ sources said on Thursday.

Russian production has fallen by around 1 million barrels per day (bpd) on the back of sanctions.

One OPEC+ source familiar with the Russian position said Moscow could agree to other producers raising production to compensate for its lower output but not necessarily making up all the shortfall.

The Kremlin maintains it can re-route oil exports to minimise losses from EU sanctions, but analysts remain sceptical.

“The extent to which this will prove achievable is questionable, however. Russian oil production is therefore likely to fall again in the coming months,” said Commerzbank analyst Carsten Fritsch, who also questioned the ability of OPEC+ to add considerably more oil to the market.

As recently as Wednesday, sources expected OPEC+ to stick to its modest monthly increases in oil output, despite seeing tighter global markets.

An OPEC+ technical committee trimmed its forecast for the 2022 oil market surplus by about 500,000 bpd to 1.4 million bpd, two OPEC+ sources said.

The Wall Street Journal reported on Tuesday that some OPEC members were considering suspending Russia from the agreed production plan, to allow other producers to pump significantly more crude, as sought by the United States and European nations.

But two OPEC+ sources told Reuters a technical meeting on Wednesday had not discussed the idea. Six other OPEC+ delegates said the idea was not being discussed by the group.

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which is the best stock advisory company in india

Who is the best SEBI registered Investment advisor in India?

Who is the best SEBI registered Investment advisor in India?
  1. Who is an Investment advisor?
  2. Who is SEBI registered investment advisor?
  3. How to find genuine and authentic SEBI registered Investment advisor?
  4. Are all SEBI registered investment advisor or research analyst are trustworthy or reliable?
  5. How to find best SEBI registered stock advisory company?
  6. How to find Best SEBI registered research analyst?
  7. About Best SEBI registered Investment advisor:
  8. Eqwires – Best SEBI registered Research Analyst:

Who is an Investment advisor?

Investment advisors are financial experts or professionals who make investment recommendations and provides suggestions for investment in different financial products.

An investment advisor gives advice to clients about investing in securities such as stocks, bonds, mutual funds or exchange traded funds.

Who is SEBI registered investment advisor?

An investment advisor has to be registered with SEBI (Securities and Exchange Board of India) and those who are registered with SEBI as an investment advisor under their regulation are called SEBI registered investment advisor. It’s compulsory to obtain SEBI registration in India in order to provide any kind of recommendations related to investments in Financial markets. Those who are not registered with SEBI and don’t have appropriate license to provide recommendations are doing unfair practices and we always suggest our clients or proposed clients to don’t follow unregistered people.

How to find genuine and authentic SEBI registered Investment advisor?

As soon as you find any investment advisor or research analyst providing services related to investment or trading in stock market, you just have to ask for their SEBI registration number. Each registered intermediary has their own SEBI registration number with valid license. If they provide their registration  number, you can verify the same through SEBI website www.sebi.gov.in If their number and name matches the details provide to you, they are authentic SEBI registered Investment advisor or research analyst. If their details don’t match or they don’t provide their registration number, don’t follow them at all. Just go for registered investment advisor or research analyst only.

Are all SEBI registered investment advisor or research analyst are trustworthy or reliable?

Obtaining SEBI registration doesn’t mean that person or a company is reliable in terms of investment recommendations. Registration is a first process or step which everyone has to complete but quality of services and reliability is depending upon their track record. Many investment advisors or research analyst takes certificate but they don’t have sufficient knowledge to carry out thorough research and don’t have sufficient experience of practical things in stock market. So we always suggest to check their past records and check their live trading results in order to safeguard yourself. Eqwires is having vast experience of stock market in-depth analysis and we have best clients’ retention ratio in this industry. Eqwires is best and top-notch SEBI registered research analyst in India. 

How to find best SEBI registered stock advisory company?

There are numerous SEBI registered stock advisory companies in India registered as Investment advisors, research analysts, or Portfolio Managers. Most important thing is to find out the best amongst them because only a registered stock advisory company is not sufficient to give you the best results. Best SEBI registered stock advisory company or top SEBI registered investment advisor will give all information about their services and products transparently. Genuine advisory companies will not hide anything from their clients. An ethical SEBI registered investment advisor or research analyst will share the risk associated with an investment in the stock market. Best SEBI registered stock advisory company gives at least 80% genuine results in the stock market. If 8 recommendations out of 10 are profitable, it’s reliable and can give good results in the future. Never believe on tall claims website which just claims big profits but gives nothing once you subscribe. Eqwires not only gives transparent guidance to everyone but also shares each and every detail before joining the services. We have shared all the necessary information about our services on our website so that anyone can get transparent and genuine information. Eqwires is the Best SEBI registered research analyst in India providing the best, genuine, and ethical services in the stock market.

How to find Best SEBI registered research analyst?

There are more than 1000 SEBI registered Research Analysts who obtained SEBI registration out of which many are from brokerage companies that are not providing services to their individual clients. There are hardly 300 to 400 SEBI registered research analysts available who are individually providing services to retail clients. Some of them are inactive and have obtained registration but not providing services.

Now finding Best SEBI registered Research Analyst is a tough task because everyone will say that they are the best but you can’t believe everyone. First of all, you have to see their registered office, research facility, working strategy and trading patterns, skills of their team, and their infrastructure. These are primary requirements from any research analyst. You should never trust any unregistered service provider however they represent and claim about their services.

Best SEBI registered research analyst provides investment or trading recommendations after proper research. We have the best research facility with a highly qualified research team and well-trained qualified relationship managers. Our client retention ratio is more than 95% which is our biggest achievement in this industry because client satisfaction and retention say everything about any company’s services and due to this Eqwires is the Best SEBI registered research analyst.

About the Best SEBI registered Investment advisor:

There are certain qualities that clear that this is the Best SEBI registered Investment advisor so below are the qualities of the Best SEBI registered Investment advisor:

Transparency: There should be complete transparency in the services being offered to clients because 95% of SEBI registered investment advisors fail to maintain transparency and gives false commitment in order to get payments.

Responsibility: Best SEBI registered Investment advisors should be responsible for their duties and whatever services they are offering, it should be with proper risk management. 100% success rate is not possible anywhere but Best SEBI registered Investment advisors should be responsible for the recommendations they are providing to their investors.

Integrity: We hardly find integrity in SEBI registered investment advisors because honesty and strong principles make any SEBI registered investment advisor the best one.

Commitment: Best SEBI registered Investment advisors should be committed to their investment advice and research and recommendations. We have seen many irresponsible service providers who just provide random trades and don’t care after providing trading recommendations. Best and Genuine SEBI registered investment advisor should be committed to his quality of services.

Accountability: Most of the SEBI registered Investment advisors are not accountable for the services they have offered. They just wanted to take money from you as their professional charges which they already received and afterwards they are not accountable for the services they are offering. So there must be a responsibility and accountability for Best SEBI registered Investment advisor.

Persistence: Best SEBI registered Investment advisor should be persistent. They should stick to their quality research and core values in order to provide best services consistently. If any advisor is giving good service for a few days are not enough. They must be persistent.

Discipline: Discipline is most important in trading and investment in the stock market. There are many SEBI registered Investment advisors who are not able to monitor the risk of their clients and they keep on holding losing positions until everything is wiped out. This is the situation where discipline works. So discipline makes any SEBI registered Investment advisor the Best one.

Eqwires – Best Stock advisory company in India:

Which is the Best Stock advisory company in India?

List of Top 10 SEBI registered stock advisory companies in India

Best services are meant to be consistent and quality services that give good growth in capital. Best doesn’t mean that you will never get a loss but best advisory services mean you are getting full support and quality services on time. If a client gets overall good profit on a monthly and quarterly basis, it’s called best service. One has to understand that nobody is God in this market and those who pretend to be God or Operator of this market are nothing but disguised thieves who just want to make you fool. Good results come with a lot of experience and analysis. It never comes through miracles. So never believe on those who just claims big and lucrative promises like 500% to 1000% returns in intraday and all.

Eqwires Telegram Channel is listed as one of the best SEBI registered stock market Telegram channels in India.

We are purely focusing on clients’ satisfaction with the maximum client retention ratio. Our services are very clear and well defined where no false commitment or lucrative schemes are there. We just commit to what we can deliver and we have delivered in the last few years. Our team is well experienced and they have a grip on market movement so they can minimize risk by predicting market direction on time. list of top 10 stock advisory company in India and Top 10 stock advisory firms in India. No 1 Stock advisory company in India. Most Successful stock advisor in India.

Eqwires Research analyst is the Best SEBI registered research analyst providing best intraday tips and top rated SEBI registered research analyst. Eqwires is the Best Intraday tips provider in India, Best Research Analyst website in India.

Eqwires is registered with SEBI as a Research Analyst with SEBI registration number INH000007465. We are not registered with SEBI as an Investment advisor and we don’t claim to be an Investment Advisor.

Eqwires Research Analyst

Top-notch SEBI registered research analyst

Best SEBI registered Intraday tips provider

info@eqwires.com

Telegram | Facebook | Twitter

Call: +91 9624421555 / +91 9624461555

www.eqwires.com

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which is the best stock advisory company in india

Who is the best SEBI registered Investment advisor in India?

Who is the best SEBI registered Investment advisor in India?
  1. Who is an Investment advisor?
  2. Who is SEBI registered investment advisor?
  3. How to find genuine and authentic SEBI registered Investment advisor?
  4. Are all SEBI registered investment advisor or research analyst are trustworthy or reliable?
  5. How to find best SEBI registered stock advisory company?
  6. How to find Best SEBI registered research analyst?
  7. About Best SEBI registered Investment advisor:
  8. Eqwires – Best SEBI registered Research Analyst:

Who is an Investment advisor?

Investment advisors are financial experts or professionals who make investment recommendations and provides suggestions for investment in different financial products.

An investment advisor gives advice to clients about investing in securities such as stocks, bonds, mutual funds or exchange traded funds.

Who is SEBI registered investment advisor?

An investment advisor has to be registered with SEBI (Securities and Exchange Board of India) and those who are registered with SEBI as an investment advisor under their regulation are called SEBI registered investment advisor. It’s compulsory to obtain SEBI registration in India in order to provide any kind of recommendations related to investments in Financial markets. Those who are not registered with SEBI and don’t have appropriate license to provide recommendations are doing unfair practices and we always suggest our clients or proposed clients to don’t follow unregistered people.

How to find genuine and authentic SEBI registered Investment advisor?

As soon as you find any investment advisor or research analyst providing services related to investment or trading in stock market, you just have to ask for their SEBI registration number. Each registered intermediary has their own SEBI registration number with valid license. If they provide their registration  number, you can verify the same through SEBI website www.sebi.gov.in If their number and name matches the details provide to you, they are authentic SEBI registered Investment advisor or research analyst. If their details don’t match or they don’t provide their registration number, don’t follow them at all. Just go for registered investment advisor or research analyst only.

Are all SEBI registered investment advisor or research analyst are trustworthy or reliable?

Obtaining SEBI registration doesn’t mean that person or a company is reliable in terms of investment recommendations. Registration is a first process or step which everyone has to complete but quality of services and reliability is depending upon their track record. Many investment advisors or research analyst takes certificate but they don’t have sufficient knowledge to carry out thorough research and don’t have sufficient experience of practical things in stock market. So we always suggest to check their past records and check their live trading results in order to safeguard yourself. Eqwires is having vast experience of stock market in-depth analysis and we have best clients’ retention ratio in this industry. Eqwires is best and top-notch SEBI registered research analyst in India. 

How to find best SEBI registered stock advisory company?

There are numerous SEBI registered stock advisory companies in India registered as Investment advisors, research analysts, or Portfolio Managers. Most important thing is to find out the best amongst them because only a registered stock advisory company is not sufficient to give you the best results. Best SEBI registered stock advisory company or top SEBI registered investment advisor will give all information about their services and products transparently. Genuine advisory companies will not hide anything from their clients. An ethical SEBI registered investment advisor or research analyst will share the risk associated with an investment in the stock market. Best SEBI registered stock advisory company gives at least 80% genuine results in the stock market. If 8 recommendations out of 10 are profitable, it’s reliable and can give good results in the future. Never believe on tall claims website which just claims big profits but gives nothing once you subscribe. Eqwires not only gives transparent guidance to everyone but also shares each and every detail before joining the services. We have shared all the necessary information about our services on our website so that anyone can get transparent and genuine information. Eqwires is the Best SEBI registered research analyst in India providing the best, genuine, and ethical services in the stock market.

How to find Best SEBI registered research analyst?

There are more than 1000 SEBI registered Research Analysts who obtained SEBI registration out of which many are from brokerage companies that are not providing services to their individual clients. There are hardly 300 to 400 SEBI registered research analysts available who are individually providing services to retail clients. Some of them are inactive and have obtained registration but not providing services.

Now finding Best SEBI registered Research Analyst is a tough task because everyone will say that they are the best but you can’t believe everyone. First of all, you have to see their registered office, research facility, working strategy and trading patterns, skills of their team, and their infrastructure. These are primary requirements from any research analyst. You should never trust any unregistered service provider however they represent and claim about their services.

Best SEBI registered research analyst provides investment or trading recommendations after proper research. We have the best research facility with a highly qualified research team and well-trained qualified relationship managers. Our client retention ratio is more than 95% which is our biggest achievement in this industry because client satisfaction and retention say everything about any company’s services and due to this Eqwires is the Best SEBI registered research analyst.

About the Best SEBI registered Investment advisor:

Below are the qualities of the Best SEBI registered Investment advisor:

Transparency: There should be complete transparency in the services being offered to clients because 95% of SEBI registered investment advisors fail to maintain transparency and gives false commitment in order to get payments.

Responsibility: Best SEBI registered Investment advisors should be responsible for their duties and whatever services they are offering, it should be with proper risk management. 100% success rate is not possible anywhere but Best SEBI registered Investment advisors should be responsible for the recommendations they are providing to their investors.

Integrity: We hardly find integrity in SEBI registered investment advisors because honesty and strong principles make any SEBI registered investment advisor the best one.

Commitment: Best SEBI registered Investment advisors should be committed to their investment advice and research and recommendations. We have seen many irresponsible service providers who just provide random trades and don’t care after providing trading recommendations. Best and Genuine SEBI registered investment advisor should be committed to his quality of services.

Accountability: Most of the SEBI registered Investment advisors are not accountable for the services they have offered. They just wanted to take money from you as their professional charges which they already received and afterwards they are not accountable for the services they are offering. So there must be a responsibility and accountability for Best SEBI registered Investment advisor.

Persistence: Best SEBI registered Investment advisor should be persistent. They should stick to their quality research and core values in order to provide best services consistently. If any advisor is giving good service for a few days are not enough. They must be persistent.

Discipline: Discipline is most important in trading and investment in the stock market. There are many SEBI registered Investment advisors who are not able to monitor the risk of their clients and they keep on holding losing positions until everything is wiped out. This is the situation where discipline works. So discipline makes any SEBI registered Investment advisor the Best one.

Eqwires – Best Stock advisory company in India:

Which is the Best Stock advisory company in India?

List of Top 10 SEBI registered stock advisory companies in India

Best services are meant to be consistent and quality services that give good growth in capital. Best doesn’t mean that you will never get a loss but best advisory services mean you are getting full support and quality services on time. If a client gets overall good profit on a monthly and quarterly basis, it’s called best service. One has to understand that nobody is God in this market and those who pretend to be God or Operator of this market are nothing but disguised thieves who just want to make you fool. Good results come with a lot of experience and analysis. It never comes through miracles. So never believe on those who just claims big and lucrative promises like 500% to 1000% returns in intraday and all.

Eqwires Telegram Channel is listed as one of the best SEBI registered stock market Telegram channels in India.

We are purely focusing on clients’ satisfaction with the maximum client retention ratio. Our services are very clear and well defined where no false commitment or lucrative schemes are there. We just commit to what we can deliver and we have delivered in the last few years. Our team is well experienced and they have a grip on market movement so they can minimize risk by predicting market direction on time.

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Eqwires Research analyst is the Best SEBI registered research analyst providing best intraday tips and top rated SEBI registered research analyst. Eqwires is the Best Intraday tips provider in India, Best Research Analyst website in India.

Eqwires is registered with SEBI as a Research Analyst with SEBI registration number INH000007465. We are not registered with SEBI as an Investment advisor and we don’t claim to be an Investment Advisor.

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