The market regulator Sebi has proposed measures to curb excessive speculation in F&O; a move that could impact trading volumes, believe analysts; Here are key levels to watch on broking related stocks
Posts in category Business Standard
SEBI proposes crackdown on speculative index derivatives trading (31-07-2024)
The proposed changes include:
Automobile Corp hits the roof after Q1 PAT jumps 77% YoY to Rs 18 cr (31-07-2024)
Automobile Corporation of Goa hit a upper circuit of 20% at Rs 2,861 after the company’s standalone net profit jumped 77.33% to Rs 17.91 crore in Q1 FY25 as compared with Rs 10.10 core recorded in Q1 FY24.
Barometers trade with decent gains; pharma shares in demand (31-07-2024)
At 11:28 IST, the barometer index, the S&P BSE Sensex, was up 193.21 points or 0.24% to 81,648.78. The Nifty 50 index rose 72.25 points or 0.29% to 24,929.55.
Yen choppy after BoJ rate hike (31-07-2024)
The Japanese yen was much choppy against the US dollar after the Bank of Japan decided to raise interest rates at the end of its two-day monetary policy meeting and unveiled a detailed plan to taper its huge bond-buying programme. The BOJ said its board decided to raise the overnight call rate target to 0.25% from 0-0.1% in a 7-2 vote and decided on a quantitative tightening (QT) plan that would roughly halve monthly bond buying to 3 trillion yen ($19.63 billion), from the current 6 trillion yen, as of January-March 2026. Japans 10-year government bond yield rose to around 1.04%, rebounding from a one-month low. USDJPY witnessed sharp swings in immediate reaction to the rate hike and is currently quoting around 153 mark. The BOJ said that if the outlook for economic activity and prices are realized, it will continue to raise the policy rate and adjust the degree of monetary accommodation.
Autoline Inds after securing supply order from Tata Motors’ PV division (31-07-2024)
Autoline Industries jumped 8.40% to Rs 142.65 after the company announced that it has entered into an supply contract with Tata Motors Passenger Vehicle Limited.
Indus Towers Q1 PAT spurts 43% YoY, board OKs Rs 2,640 cr share buyback (31-07-2024)
The telecom infrastructure provider’s consolidated net profit climbed 42.88% to Rs 1925.9 crore in Q1 FY25 as against Rs 1,347.9 crore reported in Q1 FY24.
This Tata Motors-promoted stock zoomed 20% today on strong Q1 results (31-07-2024)
Automobile Corporation of Goa share price were locked in the upper circuit of 20% at Rs 2,861, hitting a new high on Wednesday
Volumes spurt at Torrent Power Ltd counter (31-07-2024)
Torrent Power Ltd registered volume of 1.82 lakh shares by 10:46 IST on BSE, a 6.3 fold spurt over two-week average daily volume of 28894 shares
Zaggle Prepaid gains on recording multi-fold jump in Q1 PAT (31-07-2024)
Zaggle Prepaid Ocean Services added 2.13% to Rs 342.20 after the company’s consolidated net profit surged to Rs 167.34 crore in Q1 FY25 as comapred with Rs 20.55 crore in corresponding quarter last year.