Stocks to watch on July 8: Induslnd Bank’s Q1FY25 estimates highlighted significant YoY growth. Net advances increased by 16 per cent Y-o-Y to Rs 3.48 trillion, while deposits grew by 15 per cent
Posts in category Business Standard
Market outlook July 08: GIFT Nifty hints at quiet start; Asian shares tepid (08-07-2024)
All you need to know before Indian stocks open for trade on Monday: Globally, bets on a US Fed rate cut rose on Friday post the jobs data; Asian shares traded with marginal losses this morning.
Asia shares inch higher as investors confident about US Fed’s Sept rate cut (08-07-2024)
Oil prices gained on strong summer fuel demand and potential supply disruptions from Gulf of Mexico hurricanes
Osho Krishan of Angel One recommends buying these two stocks today (08-07-2024)
MIDHANI witnessed a decisive breakout in the last trading week, soaring nearly 8 percent. The counter has witnessed very strong traction its 21 DEMA after consolidating near the 20 DEMA
Buy ideas for July 8: HDFC Life, Cipla, SJVN; check target prices here (08-07-2024)
HDFCLIFE recently gave a clean breakout on the weekly chart, signalling a potential bullish trend. Prior to this breakout, the stock had been consolidating for 2 weeks
Downturn in sight for Nifty50, MidCap Select indices; here’s how to trade (08-07-2024)
When examining the Nifty 50 Index, currently trading in the overbought zone, technical indicators such as MACD, RSI, and Stochastic suggest it is challenging to recommend initiating fresh long
Hedge funds hit hard by massive Tesla rally after betting on decline (07-07-2024)
About 18% of the 500-plus hedge funds tracked by data provider Hazeltree had an overall short position on Tesla at the end of June, the highest percentage in more than a year
Sebi issues consultation paper on Clearing Corp’s interest income treatment (07-07-2024)
Markets regulator Sebi has issued a consultation paper on the treatment of interest income earned by the clearing corporations from cash collaterals from clearing members and upstreamed client funds.
Sebi had previously mandated the upstreaming of all client funds to Clearing Corporations (CCs) at the end of the day, allowing these funds to be upstreamed only in the form of cash, fixed deposit liens, or mutual fund overnight scheme pledges.
In its consultation paper, the regulator noted that clearing corporations have been holding substantial cash collaterals from Clearing members (CMs) towards settlement obligations and margin money, investing or deploying these funds to earn interest or income.
However, the collaterals held by CCs, are not owned by them and are instead held in a fiduciary capacity as per regulatory requirements.
To review the existing practice of interest or income earned by CCs on the cash collaterals received from CMs and upstreamed clients’ funds, the matter w
7 proposals on table for Sebi expert group for steps to tame F&O frenzy (07-07-2024)
The Sebi-appointed expert group on exchange-traded derivatives started discussions on seven proposals to address regulatory issues and protect small investors from risks in index and stock option trading, sources said.
The panel members would recommend short-term strategies to bolster investor protection and improve risk metrics in this market segment, they said.
“The expert group would deliberate in detail the pros and cons of each of the seven proposals to protect small investors engaged in futures and options (F&O) trading. We know that nine out of ten small investors lose money in F&O. The recommendations of this group will be considered by the Secondary Market Advisory Committee for a final decision,” a source close to the development told PTI.
Options are financial contracts that give a holder a right, but not the obligation, to buy or sell an underlying asset at a specified price within a contract period.
The proposals included rationalisation or limiting weekly …
Cap goods Q1 preview: Poll slump in orders, but strong growth in revenue (07-07-2024)
Order inflows in first quarter of FY25 are expected to have declined due to Lok Sabha polls