Decision taken on the basis of assessment of accounts where it has not been updated yet, says Sebi
Posts in category Business Standard
Bandhan Bank crashes to 3-year low on heavy volumes (28-03-2023)
The stock has slipped 6% to Rs 185.45 and trades at its lowest level since April 2020.
PNC Infra rallies 8% on bagging Rs 819 crore highway project (28-03-2023)
The company has been declared L1 (lowest) bidder for a highway project for Ministry of Road Transport & Highways (MORT&H) with a bid project cost of Rs 819 crore
Kalyan Jewellers tanks 11% on large block deal; over 39 mn shares exchanged (28-03-2023)
According to a media report, Warburg Pincus, one of the key investors in KJIL, was likely to offload a 2.5 per cent stake in the company through a block deal today
Gold price declines by Rs 10 to Rs 59,680, silver remains unchanged (28-03-2023)
The price of ten grams of 22-carat gold also dropped by Rs 10 to Rs 54,700
India’s $1 trillion sovereign bond market sees rising clout of insurers (28-03-2023)
Their growing footprint mean that the state will be less reliant on banks over time, while reducing anxiety among traders over how Modi’s infrastructure-building spree will be funded
Stock Market Live: SGX Nifty climbs 50pts; Asian indices trade higher (28-03-2023)
Stock market live updates: As of 8:05 am, the SGX Nifty quoted 17,063 levels, up 50-odd points
South Dakota Guv Noem’s veto of cryptocurrency regulations upheld (28-03-2023)
South Dakota’s House failed on Monday to override Gov. Kristi Noem’s recent veto of a bill that would have created government regulations for the use of cryptocurrency in the state.
The bill had passed smoothly throughout the legislature, and Noem’s veto of last week was upheld on a 37-30 vote.
Proponents had argued the bill would have centralized different cryptocurrency systems through one government oversight commission, boosting transparency. But opponents saw the proposed regulations as a tool for potential government surveillance and overreach, saying they wanted more time to see how such legislation fares in other states.
Six other states have passed the Uniform Commercial Code’s update, which requires tangible records of cryptocurrency exchanges so that they can be considered money. National commercial standards aim to regulate digital currency exchanges by adding transaction records, but Noem said such a step would take away from South Dakotans’ market freedoms.
It would b
Charts suggest Nifty Auto in ‘oversold’ zone, rebound likely: Ravi Nathani (28-03-2023)
According to the technical analyst, traders should adopt a buy-on-dips approach for the Nifty Auto index, with a minimum target of 12,236
Stocks to watch: L&T, Coffee Day, Tata Motors, PNC Infratech, Gati, Carysil (28-03-2023)
Stocks to watch today: From Tata Motors to Coffee Day Enterprises, here are few stocks likely to see action in Tuesday’s trade