Posts in category Business Standard
Gold price dips Rs 280 to Rs 59,450, silver falls Rs 600 to Rs 74,200 (28-09-2023)
The price of 22-carat gold fell Rs 250 to Rs 54,500
Stock Market LIVE: Sensex up nearly 300 pts, Nifty tops 19,750 in pre-open (28-09-2023)
Stock market LIVE updates: Overnight, the benchmark 10-year US Treasury yield hit 4.6 per cent -- its highest levels since 2007, and Brent crude futures popped more than 3 per cent to $97 per barrel
Stock market LIVE: Sensex down 100 pts; Yatra Online lists at 10% discount (28-09-2023)
Stock market LIVE updates on September 28, 2023: Yatra Online listed at Rs 130 on the BSE and Rs 127.5 on the NSE
Stocks to Watch today, Sep 28: Adani Ports, Apollo Hosp, NBCC, Zee, KEC (28-09-2023)
Stocks to watch on Thursday, September 28 2023: Telecom stocks too may see some action after Trai data for July showed considerable new subscriber additions for Jio and Airtel; and loss of market shar
Govt securities, forex market to remain operational on Thur, Fri: RBI (28-09-2023)
Government securities, foreign exchange, money and rupee interest rate derivatives markets will remain open on Thursday and Friday, according to the Reserve Bank of India.
The Maharashtra government has declared September 29 as a public holiday under Section 25 of the Negotiable Instruments Act, 1881. The public holiday on September 28, 2023 declared earlier has been cancelled.
"To ensure smooth functioning of the financial markets and non-disruptive settlement of transactions especially in view of the quarter/ half year end, it has been decided, in public interest, to keep the government securities market, foreign exchange market, money market and rupee interest rate derivatives market operational on September 29, 2023 in addition to being operational on September 28, 2023," the RBI said in a statement on Wednesday.
It further said settlement of the auction of Government of India treasury bills conducted on Wednesday (September 27) will take place on September 29, 2023.
The auctio
Nifty Metal, Pharma: Trading strategies for these 2 sectoral indices (28-09-2023)
According to Ravi Nathani, an independent technical analyst, the Nifty Metal index seems to be trading in a range-bound manner, with a negative bias; whereas, the outlook seems positive for the Pharma
Digikore Studios subscribed 282x, JSW Infra subscribed 37.37x on last day (27-09-2023)
The Rs 30-crore initial public offering (IPO) of Digikore Studios (on the National Stock Exchange's SME platform) garnered 282 times subscription, attracting bids worth Rs 5,407 crore
Digikore Studios subscribed 282x, JSW Infra subscribed 37.37x on last day (27-09-2023)
The Rs 30-crore initial public offering (IPO) of Digikore Studios (on the National Stock Exchange's SME platform) garnered 282 times subscription, attracting bids worth Rs 5,407 crore
Sensex rebounds 173 pts on buying in Reliance Industries, L&T, ITC (27-09-2023)
The Nifty gained 51.75 points to end at 19,716.45. It moved between a low of 19,554 and a high of 19,730.70 in day trading
Sebi extends deadline to add nominees for mutual fund account holders (27-09-2023)
Markets regulator Sebi on Wednesday extended the deadline for mutual fund account holders till January 1, to nominate a beneficiary or opt out of it by submitting a declaration form, failing which their folios will be frozen.
Earlier, the deadline for existing mutual fund holders to provide a choice of nomination was on or before September 30.
The move is aimed at helping investors to secure their assets and pass them on to their legal heirs.
"Based on representations received from the market participants, it has been decided that the provision... about the freezing of folios, shall come into force with effect from January 1, 2024 instead of September 30, 2023," Sebi said in a circular.
Further, Sebi asked asset management companies (AMCs) and RTAs to encourage the unit holder to fulfill the requirement for nomination/ opting out of the nomination by sending a communication on a fortnightly basis by way of emails and SMS to all such unit holders who is not in compliance with the ..