Posts in category Business Standard
GMR Airports hits 12-year high; GQG Partners likely buyer in block deal (08-12-2023)
Till 02:30 PM; as many as a combined 1,137.87 million shares or 18.85 per cent of total equity of the company changed hands on the BSE and NSE
Sugar shares extend fall; Balrampur, Dhampur, Praj tank up to 15% in 2 days (08-12-2023)
The central government has directed all sugar mills not to use sugarcane juice or syrup for making ethanol in 2023-24 season, as the sugar production expected to be down in this year.
Sebi to introduce ASBA-like facility for secondary mkt trading from Jan-Feb (08-12-2023)
To safeguard investors' money from misuse, an ASBA-like facility for trading in secondary markets will be available from January or February, Sebi chief Madhabi Puri Buch said on Friday.
This Application Supported by Blocked Amount (ASBA)-like facility already available for the primary market, ensures that the investor's fund gets moved only when the allotment is completed.
Now, the facility will be available for the secondary market from January or February, the Sebi chairperson said at the CII Global Economic Policy Forum here.
The move could also help investors to save as much as Rs 3,500 crore annually, she added.
Under the framework, funds will remain in the client's account but will be blocked in favour of the Clearing Corporation (CC) till the block mandate expires or till the block is released by the CC, or debit of the block towards obligations arising out of the trading activity of the client, whichever occurs first.
Further, settlement for funds and securities will be d
Foreign investors turn bullish on Indian stock futures after PM Modi’s wins (08-12-2023)
Overseas funds held 31,549 more long index futures contracts than short contracts as of Thursday, turning to a net bullish position a day earlier for the first time since September
Rate sensitive shares mostly higher as RBI holds repo rate; Auto pack lags (08-12-2023)
The RBI held the repo rate steady at 6.5 per cent and raised the FY24 GDP forecast to 7 per cent from 6.5 per cent
India moving towards T+0 for market settlement before end-FY24: Sebi (08-12-2023)
Currently trades in India are settled in "T+1" or one day after the trades are initiated. T+0 would mean settlements in the same day and instant settlement would ensure trades are settled immediately
IREDA soars 14% on heavy volumes; stock zooms 129% against issue price (08-12-2023)
The stock made its debut on November 29. During the past three decades, IREDA has been supporting all forms of RE -- solar, wind, hydro -- and even newer technologies.
IRB Infra surges 7%; hits new high on healthy toll collection in November (08-12-2023)
The company and the IRB Infrastructure Trust (Private InvIT), has collectively recorded 20 per cent year-on-year rise in toll collection at Rs 437 crore in the month of November 2023.
Voltas sees long build up: Here’s a Bull Spread Strategy for the stock (08-12-2023)
Long build up is seen in the VOLTAS Futures on Thursday where Open Interest rose
by 7% (Prov)
Gold jumps by Rs 110, silver crashes Rs 1,000, trading at Rs 77,200/kg (08-12-2023)
The price of 22-carat gold rose Rs 100, with the yellow metal selling at Rs 57,550.