PATEL WEALTH ADVISORS SEBI ACTION

14 booked in Gujarat, 3 in West Bengal, one in Uttar Pradesh for alleged anti-India posts on social media
Following Operation Sindoor, police have arrested 14 individuals across West Bengal and Uttar Pradesh for allegedly sharing anti-national and morale-breaking content on social media. The arrests were initiated after local BJP leaders reported the content to district police. Those arrested include a businessman, a teacher, and others accused of supporting Pakistan.

India-Pakistan tensions paused, not over: Should you do any tactical alignment in investment portfolios during border hostilities?
India-Pakistan tensions: The tensions between India and Pakistan have paused now. However, the recent tensions have taken a toll on the investment portfolios. Currently, the tensions have not escalated to a war level. However, what should be your strategy during border hostilities? Read on to know how you should manage your investment portfolios.

Jaish-e-Mohammed Headquarters in Pakistan's Bahawalpur hit hardest: Sources
India launched Operation Sindoor targeting terrorist infrastructure in Pakistan and PoK. This was a response to the Pahalgam attack. Jaish-e-Mohammed headquarters in Bahawalpur suffered heavy damage. Cross-border shelling increased, leading to high alert and blackouts. A ceasefire was announced by US President Trump. However, Pakistan violated the ceasefire with drone incursions.

Trump offered to mediate on Kashmir even in his first term, India turned him down: Former National Security Advisory Board member
Tensions rose between India and Pakistan after Operation Sindoor. India retaliated for the Pahalgam attack by targeting terror infrastructures. US President Trump offered mediation, but India declined. Now, India and Pakistan have reached an understanding. Both sides will stop firing and military action. This agreement follows discussions between the DGMOs of both nations. India maintains a firm stance against terrorism.

Ionic Wealth targets tier-II, III cities for growth
Ionic Wealth aims to expand into Tier II and III cities, targeting emerging HNIs shifting from traditional savings to financial assets. Leveraging a hybrid tech-human model, it seeks to bridge service gaps in underserved markets, offering tailored investment solutions while scaling its presence and strengthening wealth-tech capabilities.

NRI Talk: Tax-free gains? How NRIs in UAE, Singapore & Mauritius legally avoid MF taxes
NRIs are increasingly aligning investments with India’s growth, drawn by economic resilience, reforms, and emotional ties. Tax-friendly hubs like Dubai and Singapore amplify returns, while new tools like GIFT City and fractional real estate expand options.
PM Modi chairs meeting with top defence establishment
Prime Minister Narendra Modi convened a high-level security meeting with top defense officials, including the Defence Minister and service chiefs, to address the escalating conflict with Pakistan. The meeting was prompted by Pakistan's violation of Indian airspace on May 8 and 9, during which 300-400 drones targeted Indian military installations from Leh to Sir Creek.
Ravi Infrabuild Projects files draft papers with Sebi to raise Rs 1,100 cr through IPO
Ravi Infrabuild Projects Limited plans to raise Rs 1,100 crore through an IPO. The company has filed papers with SEBI for approval. The IPO consists of a fresh issue of equity shares. Funds will be used for equipment purchase and debt payment. The construction company focuses on roads, highways, and bridges. Their order book stands at Rs 3,092 crore.
Stock Radar: Down over 25% from highs! Wipro stock took support above 200-EMA – check target & stop loss for long positions
Wipro Ltd, an Indian IT sector component, has shown resilience by finding support above its 200-week Exponential Moving Average since April 2025. Experts suggest that short to medium-term traders may consider buying the stock, targeting Rs 260 within the next 1-3 months. Technical indicators, including support levels and bullish divergence, reinforce this positive outlook.
Political consensus on Operation Sindoor: Rijiju after all-party meet
In an all-party meeting, leaders across the political spectrum united to support Operation Sindoor, an action targeting terrorist sites inside Pakistan, and lauded the armed forces. Defence Minister Rajnath Singh briefed the leaders, emphasizing the ongoing nature of the operation.
Gensol Engineering shares slide 5%, extending 20-day rout after SAT denies interim relief
Gensol Engineering shares remain under pressure after the SAT denied interim relief against Sebi’s market access ban over alleged fund diversion and document forgery. The case revolves around a Rs 978 crore EV loan, with Sebi alleging misuse of funds. Regulatory actions are intensifying, including probes by the MCA and complaints by lenders. The stock has plunged 59% in a month.
India has right to take steps to defend itself, says UK MP Priti Patel
UK Member of Parliament Priti Patel strongly condemned the Pahalgam terror attack and urged the British government to enhance counter-terror cooperation with India. She highlighted the cross-border terror threat from Pakistan-based groups and called for de-escalation between India and Pakistan. Patel also questioned the UK government on security assistance to India, links between terror groups, and measures to prevent escalation.
Stock Radar: MGL down over 30% from highs, showing signs of recovery and poised for a breakout; check target & stop loss
Mahanagar Gas Ltd, after a 30% fall from its high in September 2024, is showing signs of a potential rebound. The stock consolidated between Rs 1,181 and Rs 1,400 since December 2024, and recently broke above the Rs 1,400 level on May 7, 2025.
Amit Shah chairs security meet with border state LGs, CMs
Union Home Minister Amit Shah convened a security review meeting with Lieutenant Governors and Chief Ministers of states bordering Pakistan and Nepal. He emphasized maintaining strict vigilance against anti-national propaganda on social media and other platforms. Shah directed prompt coordinated action between state governments and central agencies to counter unwanted elements.
An SME busted for fund misuse puts 20 more IPOs managed by the same lead manager under scanner
Securities and Exchange Board of India is investigating misuse of Initial Public Offering funds in Small and Medium Enterprises. This follows action against Synoptics Technologies and First Overseas Capital. Sebi barred Synoptics and promoters from the market for siphoning funds. The regulator will review 20 other SME IPOs managed by First Overseas Capital.
On PM Modi's direction, NSA Doval monitored and coordinated Op Sindoor
Following the Operation Sindoor launched by the Indian Army over terror hide outs in deep areas of Pakistan, Prime Minister Narendra Modi ordered National Security Advisor Ajit Doval monitored frequently coordinted with him throughout the operation.
Best small cap mutual funds to invest in May 2025
Investing in small cap mutual funds is not a child’s play. You will have to find successful fund managers who specialise in small cap stocks. You should also pay attention to how the schemes fared during the market downturn.
JPMorgan says AI helped boost sales, add clients in market turmoil
JPMorgan Chase’s AI tools helped it boost sales to wealthy clients and efficiently manage customer concerns during April’s market turmoil. The bank’s Coach AI and GenAI platforms enhanced advisor productivity, cut research time by 95%, and contributed to a 20% YoY sales jump—underscoring AI’s growing role in wealth management.
Sebi bans broker Patel Wealth, 4 of its directors for 'spoofing'
The regulator alleged that the stock broker and its four directors engaged in 'spoofing'-a deceptive market manipulation strategy involving the placement of large, non-genuine orders to mislead market participants and distort price discovery.
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