Investor borrowing via Margin Trading Funding reached a record high in November. However, the growth rate decelerated compared to previous months. This slowdown is linked to the weak performance of mid- and small-cap stocks. The overall equity market turnover on NSE also saw a decline. Analysts suggest this trend may continue until key market indices show sustained upward movement.
The capital market regulator has approved significant changes to mutual fund fee structures, aiming for greater transparency and cost efficiency for investors. These reforms include reducing total expense ratios and brokerage fees, alongside simplifying IPO disclosures and revamping stock broker regulations. The board also deferred a decision on managing internal conflicts of interest.
India's Volatility Index (VIX) hit a fresh lifetime low of 9.84, reflecting expectations of reduced market swings. This decline is attributed to muted trading, a lack of significant market triggers, and reduced derivatives activity, with analysts noting a contraction in realized volatility and lower option premiums.
Gary/Chicago International Airport Authority chairman Tom Collins Jr. voiced a sense of urgency for the coming year at the conclusion of Wednesdays authority meeting. Theres pressure to bring business here, he said. The focus is on shovels in the grounds, planes in the air.
In a break with federal guidance, Illinois will continue to recommend that nearly all newborns receive hepatitis B vaccines, the state health department announced Wednesday.
