A move which seems bad for both retailer and broker in its first look!!! But devil lies in details. Its a move which will help everyone
SEBI aim is to check rampant usage of margin money paid by one client for another. The whole exercise looks to protect retail investors and in my view its a very good move for long term. This move i believe will limit the number of people leaving markets forever with losses as it may reduce the risk a retail investor can take with his money.
Brokers need to get this point that in long term their operations become efficient and their survival improves because investors will increase.
Retail investor has to understand that limiting margin will help them to take calculated risks and improve their chances of profit
BOGUS people will be filtered out. That’s the expected bonus
In case you have any questions/ queries, please feel free to reach me through Contact Form
Do spread the word among your peers, family members or anyone who can benefit from this blog and asked them to subscribe. But be selfish and take care of yourself first by subscribing before they do.
Enjoy the day and your life. Don’t forget, we are alone in this grand universe and may not get a chance to live again.