Top News On October 15, SEBI announced a major change that benefits traders in India’s stock market. The regulator raised the position limits for trading members in index futures and options (F&O) contracts. These limits now stand at ₹7,500 crore or 15% of the market’s total open interest (OI), compared to the earlier limit of … Read more
Mumbai: The Nifty snapped a three-day losing streak on Friday, but posted the longest weekly losing streak of this year on relentless selling by foreign institutional investors (FIIs), who have flocked to China beginning late last month chasing a stimulus-led recovery in the world’s second -biggest economy. Analysts expect the intense battle between bulls and … Read more
Here’s a quick look at stocks likely to be in focus in today’s trade. Cochin Shipyard: The government has announced plans to divest a 5 percent stake in Cochin Shipyard through an Offer for Sale (OFS), with the floor price set at ₹1,540 per share. The OFS includes a base offer of 2.5 percent, … Read more
Here’s a quick look at stocks likely to be in focus in today’s trade. Reliance Industries (RIL): RIL’s consolidated profit for Q2 FY25 declined by 4.8 percent year-on-year to ₹16,563 crore, missing analyst estimates. This marks the third consecutive quarter of declining profits, driven by weakness in the oil-to-chemicals (O2C) segment. However, the digital services … Read more
The National Stock Exchange (NSE) will phase out weekly index derivatives contracts for Bank Nifty, Nifty Midcap Select, and Nifty Financial Services, effective November 13, 18, and 19, respectively, the exchange informed in a circular on October 10. Following these changes, the NSE will offer only the Nifty 50 index for weekly derivatives contracts. This … Read more
The National Stock Exchange (NSE) will hold mock trading sessions on Saturday at its Disaster Recovery site. Additionally, live trading sessions are scheduled to take place from September 30 to October 3, also from the disaster recovery location, as stated in a circular issued on Friday. This marks the third special live trading session organized … Read more
According to data from primedatabase, as many as 104 SMEs (small and medium enterprises) have used BSE and the National Stock Exchange’s (NSE) SME platform to raise ₹3,405 crore in FY25 so far. This figure already surpasses half of the total funds raised by SMEs in FY24. Most of these IPOs are heavily oversubscribed, driven … Read more
Shares of SBFC Finance surged over 19 percent, reaching a record high of ₹104.35 per share on September 23, following an upgrade by credit ratings agency ICRA, which gave its bank facilities a ‘stable’ outlook. The increase is also accompanied by a surge in trading volumes. Approximately 7 crore equity shares were traded in intra-day … Read more
The Premier Energies IPO, which opened for subscription on August 27 and closed on August 29, is all set to be listed on Indian bourses in the coming week. The IPO is scheduled to list on the BSE and NSE, with a tentative listing date set for Tuesday, September 3. The Premier Energies IPO was … Read more
Most Indian investors have primarily focused on the domestic market for various reasons, including strong economic growth and solid fundamentals. This has led many to overlook investment opportunities abroad. Additionally, restrictions on transferring large sums of money outside India and the additional paperwork involved have further contributed to the India focus. Global opportunities and diversification … Read more