Discount brokers are increasingly entering the margin trade funding (MTF) space to diversify revenue streams as futures and options trading faces regulatory scrutiny. Companies like Zerodha, Groww, and Fyers are launching or testing MTF products, while early movers like Mstock and Angel One have already built significant loan books in this area.
Posts in category Economic Times
There’s a case for RBI to cut rates: Jahangir Aziz, JP Morgan Chase (25-09-2024)
India’s core consumer inflation hit a decadal low of 3.14% in June, suggesting excess capacity in the economy. Jahangir Aziz from JP Morgan Chase advocates for an immediate policy rate cut by the RBI, despite geopolitical uncertainties and US election risks potentially impacting global economics.
WACR rises to 6.71% as liquidity tightens ahead of RBI meeting (25-09-2024)
The weighted average call rate, reflecting banks’ overnight borrowing costs, rose to 6.71%, surpassing the Reserve Bank of India’s repo rate of 6.50%. This increase is due to a liquidity deficit in the banking system. The RBI’s monetary policy committee will meet on October 9th to decide on potential rate cuts.
Ahead of Market: 10 things that will decide stock action on Thursday (25-09-2024)
Indian indices hit new highs for the fifth straight session, led by financials and energy, while small-caps declined. Nifty closed at 26,004, up 0.25%. Analysts remain positive on the market, with support at 25,800 and resistance at 26,200-26,250.
These 8 commodities stocks hit fresh 52-week highs; have rallied up to 30% in a month (25-09-2024)
Hitting a 52-week high signifies a stock’s peak performance over the past year, providing crucial information for those navigating the market.
Sebi launches FPI outreach cell for seamless market access (25-09-2024)
Sebi has launched a dedicated Foreign Portfolio Investor (FPI) outreach cell to enhance the experience of foreign investors in the Indian securities market. The cell will assist FPIs with documentation, compliance, and operational challenges, aiming to simplify the registration process and attract more foreign capital.
Dollar hits 14-month low against euro, yuan dips (25-09-2024)
The greenback tumbled on Tuesday after data showed that U.S. consumer confidence dropped by the most in three years in September amid mounting fears over the labor market.
Market Trading Guide: Tata Steel, Zydus Lifesciences among 5 stock recommendations for Thursday (25-09-2024)
Indian indices hit new highs for the fifth straight session, led by financials and energy. Nifty closed at 25,939, up 0.3%. Analyst Nagaraj Shetti sees a positive trend with support at 25,800 and resistance at 26,200-26,300
NSE plans to triple colocation rack capacity to 4,000 at Mumbai HQ in 3 years (25-09-2024)
The National Stock Exchange (NSE) plans to expand its colocation data centre at its headquarter in Mumbai for trading members with an almost three-fold increase in number of racks to over 4,000 within the next three years, sources said on Wednesday.