Stocks to Watch on Friday: ITC Limited reported a 21.4 per cent YoY growth in standalone net profit at Rs 5,086.9 crore for the March quarter
Posts in category Business Standard
F&O Strategy: Go for Bull Spread on Bank Nifty, recommends HDFC Securities (19-05-2023)
Nandish Shah, Sr. derivatives & technical research analyst of HDFC Securities, recommends to Buy Bank Nifty 43,800 Call option and simultaneously Sell 44,300 Call of the May series.
Sensex ends 298 pts up, Nifty reclaims 18,200 led by Adani, auto, IT stocks (19-05-2023)
Stock Market Live on May 19, 2023: NTPC, Power Grid, Punjab National Bank, JSW Steel, Zomato, Glenmark Pharma and Delhivery will be on the radar ahead of their Q4 nos
Sell Nifty Energy, Commodities indices on rise, suggest charts (19-05-2023)
According to Ravi Nathani, an independent technical analyst, the Nifty Energy index can dip towards the 23,000 level, while Commodities index could test 5,605 on the downside.
Sebi mulls streamlining regulatory framework for FVCI registration (19-05-2023)
Capital markets watchdog Sebi on Thursday proposed to streamline regulatory framework for registration of Foreign Venture Capital Investors (FVCIs).
In its consultation paper, Sebi has suggested that the process of granting registration to FVCIs and processing other post-registration references may be delegated to designated depository participants (DDPs) in line with provisions prescribed for FPIs (Foreign Portfolio Investors).
An applicant seeking registration as an FVCI should engage a DDP to avail its services for obtaining a registration certificate as FVCI.
Presently, the processing of applications for granting registration to FVCIs and related due diligence is carried out by Sebi.
In addition, the regulator has suggested that the eligibility criteria for FVCIs should be streamlined, in line with that prescribed for FPIs. Also, it proposed that FVCIs should hold their investments in demat form.
The Securities and Exchange Board of India (Sebi) has sought comments from the pu
Sebi proposes framework for AIFs to strengthen corporate governance rules (18-05-2023)
To strengthen corporate governance mechanism, capital markets regulator Sebi on Thursday proposed to amend the current rules governing alternative investment funds (AIFs).
Under the proposal, Category I and Category II AIFs should not borrow funds directly or indirectly or engage in leverage for the purpose of making investments, Sebi said in its consultation paper.
These AIFs can borrow for the purpose of meeting shortfall in drawdown while making investment in an investee company, subject to certain conditions.
Among the conditions included that such borrowing by these AIFs should be done only in case of emergency and as a last recourse, the amount borrowed should not exceed 10 per cent of the investment proposed to be made in the investee company and the cost of such borrowing should be charged only to such investor who delayed or defaulted on drawdown payment.
Category I and Category II AIFs should maintain 30 days cooling off period between two periods of permissible …
Sebi proposes framework for AIFs to strengthen corporate governance rules (18-05-2023)
To strengthen corporate governance mechanism, capital markets regulator Sebi on Thursday proposed to amend the current rules governing alternative investment funds (AIFs).
Under the proposal, Category I and Category II AIFs should not borrow funds directly or indirectly or engage in leverage for the purpose of making investments, Sebi said in its consultation paper.
These AIFs can borrow for the purpose of meeting shortfall in drawdown while making investment in an investee company, subject to certain conditions.
Among the conditions included that such borrowing by these AIFs should be done only in case of emergency and as a last recourse, the amount borrowed should not exceed 10 per cent of the investment proposed to be made in the investee company and the cost of such borrowing should be charged only to such investor who delayed or defaulted on drawdown payment.
Category I and Category II AIFs should maintain 30 days cooling off period between two periods of permissible …
Wall Street gains, dollar climbs on solid data, debt ceiling progress (18-05-2023)
The three major U.S. stock indexes initially wavered but soon gathered strength, with tech shares putting the Nasdaq out front
Wall Street gains, dollar climbs on solid data, debt ceiling progress (18-05-2023)
The three major U.S. stock indexes initially wavered but soon gathered strength, with tech shares putting the Nasdaq out front
Sebi imposes Rs 55 lakh on 11 entities for indulging in non-genuine trade (18-05-2023)
Capital markets regulator Sebi on Thursday imposed penalties totalling Rs 55 lakh on 11 entities for indulging in non-genuine trade in the illiquid stock options segment on the BSE.
In eleven separate orders, the regulator levied a fine of Rs 5 lakh each on Shilpa Chhabra, Shreya Kumari, Sharad Shivnarayan Kasat, Shri Krishan Goyal HUF, Shailesh Singh Prem Singh Negi, Shashank Tekriwal, Sheetal Gupta and Shri Ram Commodities.
Raisoni Securities, Welkin Investment Consultants and Shankar Barter Pvt Ltd were also penalised by the markets watchdog.
The order came after markets regulator Sebi observed a large-scale reversal trade in the illiquid stock options segment on BSE, leading to artificial volumes on the exchange.
Thereafter, the regulator conducted an investigation into the trading activities of certain entities engaged in the segment from April 2014 to September 2015.
These eleven entities that have been fined on Thursday were among those who indulged in the execution of reve