Posts in category Business Standard
Titagarh Rail gets LoA for Rs 857-crore order from GMRC; stock rallies 5% (28-06-2023)
TRSL recently received the largest-ever order for Wagons from Indian Railways
Gold price falls Rs 100 to Rs 59,180, silver jumps Rs 600 to Rs 71,500 (28-06-2023)
The price of 22-carat gold was unchanged at Rs 54,350
F&O Expiry: Nifty likely to test 18,900, support seen at 18,770; shows data (28-06-2023)
Meanwhile, the Bank Nifty is likely to counter resistance around 44,300 in today's trade.
Nifty likely to hit 19,000 soon; support seen at 18,660 (28-06-2023)
Among individual stocks, Vinay Rajani the technical & derivative analyst of HDFC Securities recommends to Buy Surya Roshni and Bajaj Electricals.
Stocks to Watch: SBI, HDFC twins, JSW Steel, Vedanta, TCNS, ITC, ABFRL (28-06-2023)
Stocks to watch on June 28, 2023: HDFC said the announced dates for its merger into HDFC Bank are tentative and subject to completion of certain formalities; JSW Steel could replace HDFC in Nifty50
Markets at new high! Sensex hits 64K, ends 499 pts up; Nifty tests 19K (28-06-2023)
CLOSING BELL ON JUNE 28, 2023: The BSE Sensex hit a new all-time high at 64,050; Nifty at 19,011 and Bank Nifty at 44,508 on Wednesday.
Nifty FMCG index could weaken below 51,120; Look to buy metals on dip (28-06-2023)
According to Ravi Nathani, an independent technical analyst, the bias for Nifty Metal Index is likely to remain bullish as long as it holds above 5,910.
Informal Guidance: Sebi discontinues fee payment via demand draft (27-06-2023)
Capital markets regulator Sebi on Tuesday said it will no longer accept demand drafts concerning the fee charged for requesting informal guidance about applicability of rules.
Now, the regulator will accept the fee by way of direct credit into its bank account.
Sebi's Informal Guidance Scheme enables certain entities to request for informal guidance regarding the applicability of laws and regulations administered by the markets regulator in the form of "No Action Letters" or "Interpretive Letters" from the markets watchdog.
In a statement, Sebi said that it has been decided to do away with the acceptance of a demand draft with respect to the fee charged for making a request under the scheme.
Accordingly, the regulator said that the request under the informal guidance "shall be accompanied with a fee of Rs 25,000 by way of direct credit into the bank account of the board through NEFT/RTGS/IMPS or online payment using the Sebi payment gateway".
To give this effect, the Securities an
Bitcoin nears 1-year high as Fidelity reportedly eyes exchange-traded fund (27-06-2023)
This is Fidelity's second attempt for a Bitcoin ETF
Sebi gives norms for compliance with 25% minimum public holding rules (27-06-2023)
Markets regulator Sebi on Tuesday provided methods such as an offer for-sale mechanism, rights issue and issuance of bonuses to unitholders of REITs and InvITs to achieve compliance with the 25 per cent minimum public holding requirement.
The rule mandates that any listed REIT (Real Estate Investment Trust) or InvIT (infrastructure investment trust), which has public unitholding below 25 per cent, will have to increase its public unitholding to at least 25 per cent within a period of three years from the date of listing of units.
To facilitate REITs and InvITs to achieve minimum public unitholding compliance, Sebi said that managers of these trusts will have to adopt any method suggested by the regulator.
Methods include the issuance of units to the public through an offer document, offer for sale (OFS) of units held by the sponsor, manager and their associates to the public through an offer document and OFS of units through the stock exchange mechanism for compliance with the ...