In a major relief for the National Stock Exchange, the Securities Appellate Tribunal (SAT) on Monday slashed to a sixth a ₹624.89 crore fine imposed on India’s largest bourse by the Securities and Exchange Board of India (Sebi) while setting aside the markets regulator’s April 2019 order against the exchangeRead More →
Demat accounts saw a surge in popularity last month, led by attractive returns from the equity markets, ease of account opening process and increased financial savings. The incremental account additions of such accounts were higher in December in comparison with the preceding three months. The number of demat accounts roseRead More →
Investors bet that the upcoming December U.S. inflation data would be 6.5%, which would allow the Federal Reserve to slow the pace of interest rate hikes. Indian investors will keep an eye on December quarterly earnings reports from big players. 12 Jan 2023, 07:28:49 AM IST Wall Street stocks riseRead More →
Eight of the top 10 most valued firms faced a combined erosion of ₹1,06,991.42 crore in market valuation last week, with IT majors Infosys and Tata Consultancy Services along with HDFC Bank taking the biggest hit. Last week, the Sensex declined 940.37 points or 1.55 per cent. Barring Hindustan UnileverRead More →
The National Stock Exchange’s (NSE) order with respect to brokers displaying brokerage charge on the investor screen, will now come into effect from January 31, 2023 from December 31, 2022 earlier. “This has reference to exchange circulars dated October 03, 2022 and dated December 07, 2022, wherein Members have beenRead More →
Only one stock has been put under the ban for trade on Tuesday, December 2, 2022 under the futures and options (F&O) segment by the National Stock Exchange (NSE). The counter has been put on ban under the F&O segment as it has crossed the 95% of the market-wide positionRead More →
“The searches are being conducted at the premises associated with some stock brokers who manipulated the co-location facility provided by the NSE in connivance with its officials,” a CBI officer said. The agency had last month filed a chargesheet against Chitra Ramkrishna, former CEO and MD of National Stock ExchangeRead More →
The CBI on Thursday filed a chargesheet against former CEO and MD of National Stock Exchange (NSE) Chitra Ramkrishna and former NSE COO Anand Subramanian in connection with its case related to manipulation of the bourse. “A chargesheet has been filed against the two and further investigation in the caseRead More →
