Since the Reserve Bank of India intervened to stop speculative trading, the once-thriving currency derivatives markets are in terminal decline, with volumes falling by about 98% in less than six months and the majority of dealers moving to offshore exchanges. The average daily turnover for currency futures and options on the National Stock Exchange (NSE)…
With a floor price of Rs 505 per share, the Center will sell up to a 2.5 percent stake in Hindustan Zinc on Wednesday through Thursday. The government may be able to disinvest Rs 5,900 crore from the transaction. Compared to the stock’s closing price of Rs 559.45 on the BSE on Tuesday, the floor…
In compliance with the Securities and Exchange Board of India (Sebi) ‘s most recent futures and options (F&O) regulations, the National Stock Exchange of India (NSE) has increased the lot sizes for its five index derivatives contracts: Nifty, Nifty Bank, Nifty Financial Services, Nifty Midcap Select, and Nifty Next50. Beginning on November 20, the Nifty…
Benchmark indices extended their downward trajectory on Thursday, closing at their lowest points in almost two months due to disappointing earnings and ongoing selling by foreign portfolio investors (FPIs), which dampened investor sentiment. After posting dismal profits for the September quarter, Bajaj Auto saw a 13% decline, making it the biggest loss on the Nifty….
Comparing the CNX 500 index to the 30 IPOs, just twelve of them, in terms of issue size, were able to provide investors with returns. From a different perspective, 60% of IPOs have not been able to outperform the CNX500 since their introduction. Thirty-one IPOs have had eight negative returns. Reliance Power destroyed the most…
The Securities and Exchange Board of India (SEBI) has granted National Securities Depository Ltd (NSDL) approval for its impending first public offering (IPO). NSDL is a major player in the Indian capital markets, handling most securities stored and settled in dematerialized form. The National Stock Exchange (NSE) will be one of the primary sellers in…
Before the announcement of important US job statistics, investors withdrew part of their money from the market, causing the benchmark indices to see their largest one-day loss in a month on Friday. The Nifty dropped 293 points, or 1.2%, to settle at 24,852.15, while the Sensex was down 1,017 points, or 1.2%, to 81,183.93. With…
Nifty closed just short of the coveted 23,000 milestone as buying across all sectors, with the exception of metal and pharmaceuticals, negated the hawkish Fed minutes. The bulls were back in action on Dalal Street. Benchmark indices reached new all-time highs. Both the Sensex and the Nifty had closed with gains of 1,196.98 points and…
Due to persistent domestic money flow and promising economic growth, investor optimism drove the market capitalization of BSE-listed companies to a record $5 trillion on Tuesday. In about half a year, the market capitalization surged from $4 trillion to $5 trillion, marking the quickest $1 trillion increase in history. For this time, the rupee has…
The Securities and Exchange Board of India (SEBI), the capital markets regulator, will provide the beta version of the T+0 settlement on an optional basis starting on March 28, 2024, to boost market liquidity. SEBI announced the implementation of a new optional settlement cycle, saying, “The Board approved the launch of a beta version of optional…
