Stocks to watch on August 09, 2023: Shares of Adani Enterprises and Adani Wilmar are likely to be in focus on Wednesday amid reports of stake sale in the latter company.
Posts in category Business Standard
Nifty50: Uptrend likely once it breaches 19,700; support seen at 19,300 (09-08-2023)
A level below 19,300 would be considered bearish sign in Nifty for the short term, says Vinay Rajani, senior technical and derivative research analyst at HDFC Securities
Nifty FMCG may see pullback; Auto index eyes breakout post range-bound move (09-08-2023)
According to Ravi Nathani, an independent technical analyst, Nifty FMCG index may witness a rebound after finding support at 51,636 and 50,650 levels
Promoter pledging rises marginally to 1.36% in June quarter, shows data (08-08-2023)
Among the Nifty 50 components, highest promoter pledges were seen in Apollo Hospitals (16.3%), Asian Paints (7.3%), IndusInd Bank (45.5%) and JSW Steel (15%)
Promoter pledging rises marginally to 1.36% in June quarter, shows data (08-08-2023)
Among the Nifty 50 components, highest promoter pledges were seen in Apollo Hospitals (16.3%), Asian Paints (7.3%), IndusInd Bank (45.5%) and JSW Steel (15%)
Sebi slaps Rs 20 lakh fine on 4 individuals for non-genuine trades (08-08-2023)
Sebi on Tuesday slapped fines totalling Rs 20 lakh on four individuals for indulging in non-genuine trades in the illiquid stock options segment on BSE.
In four separate orders, the regulator imposed a fine of Rs 5 lakh each on Manish Kumar Kanodia, Seeta Devi Agrawal, Seema Charul Maisheri and Chandrani Dutta.
The Securities and Exchange Board of India (Sebi) had observed large-scale reversal trades in the illiquid stock options segment on BSE, leading to artificial volumes on the exchange.
The regulator conducted an investigation into the trading activities of certain entities engaged in the segment from April 2014 to September 2015.
The four individuals that have been fined on Tuesday were among those who indulged in the execution of reversal trades.
Reversal trades are alleged to be non-genuine in nature as they are executed in the normal course of trading, which leads to a false or misleading appearance of trading in terms of generating artificial volumes, the regulator said.
Sebi slaps Rs 20 lakh fine on 4 individuals for non-genuine trades (08-08-2023)
Sebi on Tuesday slapped fines totalling Rs 20 lakh on four individuals for indulging in non-genuine trades in the illiquid stock options segment on BSE.
In four separate orders, the regulator imposed a fine of Rs 5 lakh each on Manish Kumar Kanodia, Seeta Devi Agrawal, Seema Charul Maisheri and Chandrani Dutta.
The Securities and Exchange Board of India (Sebi) had observed large-scale reversal trades in the illiquid stock options segment on BSE, leading to artificial volumes on the exchange.
The regulator conducted an investigation into the trading activities of certain entities engaged in the segment from April 2014 to September 2015.
The four individuals that have been fined on Tuesday were among those who indulged in the execution of reversal trades.
Reversal trades are alleged to be non-genuine in nature as they are executed in the normal course of trading, which leads to a false or misleading appearance of trading in terms of generating artificial volumes, the regulator said.
Sebi plans to issue norms for dealing with unclaimed funds of clients (08-08-2023)
Markets regulator Sebi plans to come out with a detailed procedure for dealing with unclaimed funds of clients lying with the stock brokers, whereby such trading members will make attempts to find out the whereabouts of the investors for return of money.
In case the end client is not traceable despite the efforts of the Trading Member (TM), the unclaimed funds would be transferred to investor protection funds of stock exchanges on a periodic basis, the Securities and Exchange Board of India (Sebi) said in its annual report for 2022-23.
This will ensure that unclaimed funds of clients lying with the TMs are returned to the respective clients in a timely and efficient manner.
“It is proposed to have a detailed procedure for treatment of unclaimed funds of clients lying with the TMs, in which the TMs shall make efforts to find out the whereabouts of the clients for return of such funds,” Sebi said.
In September 2022, Sebi directed all entities, which have listed non-convertible …
Sebi plans to issue norms for dealing with unclaimed funds of clients (08-08-2023)
Markets regulator Sebi plans to come out with a detailed procedure for dealing with unclaimed funds of clients lying with the stock brokers, whereby such trading members will make attempts to find out the whereabouts of the investors for return of money.
In case the end client is not traceable despite the efforts of the Trading Member (TM), the unclaimed funds would be transferred to investor protection funds of stock exchanges on a periodic basis, the Securities and Exchange Board of India (Sebi) said in its annual report for 2022-23.
This will ensure that unclaimed funds of clients lying with the TMs are returned to the respective clients in a timely and efficient manner.
“It is proposed to have a detailed procedure for treatment of unclaimed funds of clients lying with the TMs, in which the TMs shall make efforts to find out the whereabouts of the clients for return of such funds,” Sebi said.
In September 2022, Sebi directed all entities, which have listed non-convertible …
FPIs continue to invest in debt despite narrowing spread of yields (08-08-2023)
Spread between Indian and US 10-year bond yields fell to 3.14 per cent