As of 6:39 AM, GIFT Nifty futures showed a slight increase, trading 7 points higher at 23,589.5 from their previous close
Posts in category Business Standard
Bank of Baroda, Yes Bank, GE Power among top stocks to track on June 21 (21-06-2024)
As of 6:39 AM, GIFT Nifty futures showed a slight increase, trading 7 points higher at 23,589.5 from their previous close
Nifty Auto bearish in near term, Energy rangebound; check trading strategy (21-06-2024)
The Nifty Auto Index is currently trading at 25,267.85. The near-term trend for this index appears to be downward on the charts, with strong support expected around the 24,500 level
Nifty Auto bearish in near term, Energy rangebound; check trading strategy (21-06-2024)
The Nifty Auto Index is currently trading at 25,267.85. The near-term trend for this index appears to be downward on the charts, with strong support expected around the 24,500 level
Nifty Auto bearish in near-term, Energy rangebound; check trading strategy (21-06-2024)
The Nifty Auto Index is currently trading at 25,267.85. The near-term trend for this index appears to be downward on the charts, with strong support expected around the 24,500 level
Nandish Shah of HDFC Securities recommends Bull Spread on Bank Nifty (21-06-2024)
Long build up is seen in the Bank Nifty Futures, where Open Interest rose by 7 per cent(Prov) with Nifty rising by 0.75 per cent
Nandish Shah of HDFC Securities recommends Bull Spread on Bank Nifty (21-06-2024)
Long build up is seen in the Bank Nifty Futures, where Open Interest rose by 7 per cent(Prov) with Nifty rising by 0.75 per cent
General Atlantic, Asia Opportunities sell 4.9% stake in PNB Housing Fin (20-06-2024)
Foreign investors General Atlantic and Asia Opportunities V (Mauritius) on Thursday sold a 4.9 per cent stake in PNB Housing Finance for Rs 1,004 crore through open market transactions.
US-based private equity firm General Atlantic through its affiliate General Atlantic Singapore Fund FII Pte offloaded PNB Housing Finance shares through a bulk deal on the National Stock Exchange (NSE).
More than 1.27 crore shares or a 4.9 per cent stake in PNB Housing Fin were disposed of by both entities.
As per the data available, General Atlantic Singapore Fund FII and Asia Opportunities sold 63.79 lakh shares each, amounting to a 4.9 per cent stake in the public sector housing finance company.
The shares were offloaded in the range of Rs 786.46-787.88 apiece, taking the combined transaction value to Rs 1,004.28 crore.
After the stake sale, the shareholding of Asia Opportunities V (Mauritius) in PNB Housing Finance has declined to 7.43 per cent from 9.88 per cent.
The stake of General Atlantic
CoinEx Launches P2P Service, Recruiting More Merchants Worldwide to Build P2P Ecosystem (20-06-2024)
New Delhi [India], June 20: Recently, CoinEx, a leading global cryptocurrency trading platform, announced the official launch of its P2P (peer-to-peer) trading service. This signifies a new step in CoinEx’s journey towards providing diversified trading services. The introduction of P2P services not only offers users a more convenient fiat on-ramp and off-ramp but also provides new opportunities for global P2P merchants to join and expand their businesses. This article will provide a detailed overview of the features of CoinEx’s P2P service, the exclusive advantages for P2P merchants joining CoinEx, and why global P2P merchants should consider CoinEx as a partner can reach email pr@coinex.com for India -india@coinex.com
Sebi confirms bans JM Financial from managing debt public issues till March (20-06-2024)
Markets regulator Sebi on Thursday confirmed the interim directions to bar JM Financial Ltd from acting as a lead manager for public issues of debt securities until March 31, 2025, in a case of alleged irregularities in a public issue of non-convertible debentures (NCDs).
The regulator, in a confirmatory order, clarified that the restriction only applies to public issues of debt securities and does not affect JM Financial Ltd (JMFL) other activities, including equity issues.
In its interim order issued on March 7, Sebi barred JMFL from taking new mandates as a lead manager for public issues of debt securities due to potential irregularities in a public issue of non-convertible debentures (NCDs).
JMFL, as a lead manager, had allegedly irregular practices involving retail investors and associated companies within the JM Group.
Sebi, prima facie, found that JM Group entities appeared to incentivise investors to apply for securities in issues managed by JMFL.
It noted that significant