Share Market Updates: Asian markets are likely to be subdued Wednesday as investors await the Federal Reserve’s rate decision, with equity futures for the region mixed and currencies holding to narrow ranges. With the U.S. central bank on track for another 25-basis point interest rate hike on Wednesday, policymakers faceRead More →
For the second session in a row, FIIs sold shares of Indian companies for ₹82.96 crore on Monday. On the other hand, for the second straight day, DIIs bought shares for ₹934.87 crore. The Nifty ended the previous session at 19,672.35, down 73 points, or 0.37%, while the Sensex concludedRead More →
Reliance Industries Ltd. (RIL), the billionaire Mukesh Ambani-led oil-to-telecom conglomerate will demerge its financial arm Jio Financial Services (JSFL) today. The record date for the Reliance-Jio Financial demerger is today, July 20, 2023. The ratio for demerger is set at 1:1. In May, shareholders and creditors approved the spinoff ofRead More →
The market regulator Securities and Exchange Board of India (SEBI) along with NSE and BSE Tuesday decided to ease rules for trading in stocks that remain under the Enhanced Surveillance Measure (ESM) framework. Under the existing ESM framework rule, the stocks were allowed to trade only once a week. Now,Read More →
Bank Nifty expiry: The NSE announced on Wednesday a revision in the day for the weekly expiry of futures & options contracts of indices. Effective the week starting on September 04, 2023, the Bank Nifty’s weekly index options expiry day will change to Wednesday from Thursday at present. The firstRead More →
Taparia Tools: The company has announced that July 11, 2023, will be the “Record Date” to determine the eligibility of shareholders for receiving Bonus Equity Shares. The bonus shares will be issued in a ratio of 4:1, meaning shareholders will receive 4 fully paid-up equity shares for every 1 equityRead More →
Bulk and block deals: Stocks like Cell Point (India), Olectra Greentech, Ideaforge Techno, Time Technoplast, Reliance Power, and Sunteck Realty witnessed large buying and selling on both BSE and NSE during Friday’s trading sessions. These stocks were in focus accordingly. Many foreign investors have picked up stakes in Olectra Greentech,Read More →
MUMBAI : After more than two decades, India has managed to bring home the offshore-traded Nifty from Singapore, with the erstwhile SGX Nifty, rechristened Gift Nifty, to be traded for the first time on Monday at 6:30am at Gift City in Gujarat. This will see a spillover of better priceRead More →
The first initial public offering (IPO) to receive over 100 subscriptions. By June 30, 2023, the public offering was subscribed 85.20 times in the retail category, 125.81 times in the QIB category, and 80.58 times in the NII category. The IPO’s face value, which represents the notional value of eachRead More →
India’s largest derivative bourse, the National Stock Exchange of India (NSE) on June 27 decided to roll back its decision of shifting Bank Nifty Futures and Options (F&O) contracts to Friday from Thursday, citing the interest of “market development”. In a surprise move, the rival bourses, BSE and NSE, issuedRead More →
