Posts in category Business Standard
Exchanges announce Muhurat Trading session; Blue Jet IPO subscribed 8x (27-10-2023)
Blue Jet's IPO comprises only secondary share sale worth Rs 840 crore
FTSE 100 closes 0.9% lower, logs weekly loss as lacklustre results weigh (27-10-2023)
The banks index shed 2.3% and ended the week 5.4% lower.
Sebi’s instant trade settlement plan faces foreign investor pushback (27-10-2023)
The concerns were raised in a meeting earlier this month, the people told Reuters, and have not been previously reported
Diwali Muhurat Trading 2023 to take place on Nov 12 from 6 pm to 7:15 pm (27-10-2023)
Leading stock exchanges BSE and NSE will conduct a one-hour special muhurat trading session on the occasion of Diwali on November 12.
The symbolic trading session will be held between 6 pm and 7.15 pm. This includes a 15-minute pre-market session, the stock exchanges said in separate circulars.
The session also marks the beginning of a new Samvat -- the Hindu calendar year that starts on Diwali -- and it is believed that trading during the 'muhurat' or auspicious hour brings prosperity and financial growth for the stakeholders.
Market analysts said that Diwali is considered to be the ideal time to start anything new. Investors are said to benefit from trading during this session all through the year.
Since the trading window is only open for an hour, markets are known to be volatile. The focus might not be on profitability as much as it might be on the gesture, they added.
Trading would take place across various segments like equity, commodity derivatives, currency derivatives, eq
Mutual fund industry exploring a new product with ‘flexible norms’ (27-10-2023)
The MF product, if introduced, will also have a minimum investment threshold but will likely be much lower than that of PMS
Sebi extends suspension of derivatives trade in 7 agri commodities for 1 yr (27-10-2023)
Markets regulator Sebi on Friday extended the suspension of futures and options trading in seven agricultural commodities, including wheat and moong, for one more year till December 2024 in a bid to rein in prices.
The other agricultural commodities suspended by Sebi are paddy (non-basmati), chana, crude palm oil, mustard seeds and their derivatives and soya bean and its derivatives.
"The suspension of trading in the above contracts has been extended for one more year beyond December 20, 2023, i.e. till December 20, 2024," Sebi said in a statement.
The suspension permits squaring up of existing positions in these commodities, but no fresh futures trading is permitted for a year.
To curb inflation, Sebi in December 2021 prohibited exchanges from launching new derivative contracts of soyabean, mustard seeds, chana, wheat, paddy, moong, and crude palm oil.
These directions were applicable for one year. In December last year, the suspension was again extended for one more year till ..
Markets snap six-day losing streak; Sensex ends 635 points higher (27-10-2023)
Nifty ended the session at 19,047, with a gain of 190 points or 1.01 per cent
JP Morgan upgrades India to ‘overweight’ from ‘neutral’ ahead of elections (27-10-2023)
Joins Morgan Stanley, CLSA, Nomura on hiking India exposure
Crypto wrap: Bitcoin rallies 14%, Ethereum up 11% amid ETF optimism (27-10-2023)
A Bitcoin ETF is expected to make buying and selling Bitcoin easier through the stock market
Sensex up 635 pts, Nifty near 19,050: Reasons behind market rally on Friday (27-10-2023)
Stock market highlights: JP Morgan, on Friday, upgraded India to 'Overweight' from 'Neutral' and recommended investors to use the near-term correction as an opportunity to add