Posts in category Business Standard
Timken India cracks 11% after almost 16% equity change hands on BSE, NSE (20-06-2023)
The counter had seen combined traded volume of around 12 million shares in the first hour of trading amid reports of parent company to offload stake.
HDFC AMC surges 9% after 10% equity change hands via block deals (20-06-2023)
According media reports, Abrdn Investment Management, promoter of HDFC AMC, is likely to exit the company through sale of the entire 10.2 per cent stake
Gold price remains unchanged at Rs 60,070, silver jumps Rs 500 to Rs 74,000 (20-06-2023)
The price of ten grams of 22-carat gold was trading at Rs 55,070
Stocks to watch: Adani Transmission, HDFC AMC, ITC, Sun Pharma, Coal India (20-06-2023)
Stocks to watch on June 20, 2023: From HDFC AMC to Adani Transmission, here are few stocks to watch in Tuesday's trading session
MARKET LIVE: Sensex down 200 pts, smallcaps outrun; Metal index up 1% (20-06-2023)
Stock market LIVE updates on June 20, 2023: Among sectors, all indices traded lower with the Nifty Auto index quoting 0.6 per cent lower, followed by the Nifty Realty index (down 0.4 per cent)
Nifty Pvt Banks index may weaken; avoid shorting PSU Bank index (20-06-2023)
According to Ravi Nathani, an independent technical analyst, the short-term trend for the Nifty PSU Bank Index is bullish, indicating a positive outlook in the near term.
Considering allowing depositary receipts on Indian stocks: IFSCA chief (19-06-2023)
Srinivas said allowing DRs will shift foreign investor flows coming through the participatory note (pnotes) route
Sebi bans IIFL Securities from signing new broking clients for 2 years (19-06-2023)
The company will appeal SEBI's order, said an official who declined to be named as the person is not authorised to speak to the media
Sebi bans IIFL Securities from onboarding any new clients for two years (19-06-2023)
IIFL had, reportedly, used credit-balance client accounts to settle proprietary-trade obligations between April 2011 and January 2017
SIP accounts closures rise 7.4% to to 1.42 mn month-on-month in May (19-06-2023)
The number of systematic investment plan (SIP) accounts being discontinued rose 7.4 per cent month-on-month to 14.19 lakh in May, despite the stellar inflow into mutual funds through the route.
At the same time, the number of new SIP registration rose to 24.7 lakh last month from 19.56 lakh in April, implying fresh registration of over 5 lakh, data with the Association of Mutual Funds in India (AMFI) showed.
The higher number of SIP registration than discontinuation shows investors' continued confidence in the route, DP Singh, Deputy MD and CBO at SBI Mutual Fund, said.
This could also be due to an easy cancellation facility available through online modes, he added.
Meanwhile, investors continued to park their money in mutual funds, with contributions in SIPs reaching a new high of Rs 14,749 crore last month, after a brief dip to Rs 13,728 crore in April. It was Rs 14,276 crore in March.
This robust inflow has led to assets under management of SIP rising by five per cent to Rs 7.5