- SEBI in a circular introduces a new framework for execution-only platforms in the mutual fund industry to protect investors. Category 1 EOPs would have to be registered with AMFI and Category 2 EOPs have to be registered as stock brokers with SEBI.
- The WPI inflation in India hits a seven-and-a-half-year low, recording a fall of 3.48% in May 2023.
- Shares of IKIO Lighting got listed at a premium of 38% over issue price of ₹285.
- 360 One MF, Samco MF and Motilal Oswal MF have launched the NFOs for360 One Flexicap Growth Fund,Samco Active Momentum Growth Fund andMotilal Oswal Nifty Microcap 250 Index Fund .The NFOs close on June 12, and June 14 respectively.
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