A record 15 companies registered their IPO documents on the last day of September, taking the total filings for the month to 41 – the highest ever recorded in a single month.
Posts in category Economic Times
Sebi favours tax breaks for municipal bond subscribers: Official (01-10-2024)
Sebi has asked the government to approve tax breaks for municipal bonds to fund grass-root infrastructure. Currently, India’s municipal bond market is 0.6% of the nation’s bond market, contrasting with the US’s $4 trillion market. Sebi is also planning steps to enhance investor protection in the futures and options (F&O) segment.
Suzlon receives warning letters from exchanges (01-10-2024)
Suzlon Energy has been issued an advisory cum warning letter from both the National Stock Exchange (NSE) and BSE Ltd, regarding non-compliance with the Securities and Exchange Board of India (SEBI) Listing Obligations and Disclosure Requirements.
These 6 healthcare stocks hit fresh 52-week highs; rallied up to 35% in a month (01-10-2024)
The 52-week high reveals a stock’s highest price over the past year. This benchmark helps traders and investors gauge the stock’s current performance and anticipate future price trends.
GIFT Nifty records all-time high monthly turnover of $100.7 billion in September (01-10-2024)
GIFT Nifty achieved a new milestone with a monthly turnover of $100.7 billion in September 2024. This surpasses its previous record of $100.13 billion set in August 2024. This reflects the growing global interest and trust in GIFT Nifty as a benchmark for India’s growth story. NSE IX, the exchange hosting GIFT Nifty, has seen a total cumulative volume of over 27.11 million contracts with total cumulative turnover of US $1.18 trillion till September 2024.
RBI releases report calling for changing MIBOR methodology, launch of new benchmark (01-10-2024)
The Reserve Bank of India on Tuesday released a report recommending changes in methodology of the Mumbai Interbank Outright Rate (MIBOR) while proposing a change to a new secured money market benchmark for widely used derivative products.
Sebi raises contract size for index derivatives to Rs 15 lakh, effective from Nov 20 (01-10-2024)
To account for market growth, Sebi is raising the minimum contract size for index futures and options to Rs 15 lakh from the current Rs 5-10 lakh range. This change reflects the threefold increase in market values since the limit was last set in 2015.
Oil prices jump 3% on reports Iran is preparing missile attack on Israel (01-10-2024)
Oil prices turned positive on Tuesday, jumping about 3%, following reports Iran was preparing to launch a missile attack on Israel.
Reliance Infra board clears proposal to raise Rs 2,930 cr by issuing bonds to VFSI Holdings (01-10-2024)
Reliance Infrastructure on Tuesday said its board has approved a proposal to raise Rs 2,930 crore by issuing unsecured foreign currency convertible bonds (FCCBs) to VFSI Holdings Pte Limited.