Close on heels of the launch of Gift Nifty (earlier SGX Nifty), domestic exchanges are pushing for extension of trading hours for the onshore derivatives market, said sources. Bourses are waiting for a final approval from market regulator Sebi on the proposal to keep the derivatives market open for longer hours, they said. The move is aimed at attracting more trading members for onshore futures and options (F and O) contracts amid risk that global investors could prefer trading at Gift City given the tax benefits.
Posts tagged Rediff
Want To Send Your Car To The Graveyard? (01-06-2023)
One of the challenges for those car graves is that Indian owners often find markets for their old cars rather than send them to scrapyards.
Time to book profit in paint and tyre stocks? (01-06-2023)
Amid cooling raw material prices, the crude-oil linked companies, which includes paint and tyre firms, have been on a roll over the past one year. Shares of related companies have gained up to 84 per cent, as against a 14 per cent rise in the S and P BSE Sensex. Analysts, however, believe stretched valuations in both these sectors could trigger a de-rating.
A Stockmarket Interview You Must Read! (01-06-2023)
‘Chasing sectors which have reported strongest earnings is not always the right strategy for outperformance.’
Did RBI Know About Demonetization? (01-06-2023)
The RBI was not party to the decision to demonetize 500 and 1,000-rupee notes, which was taken at the highest level of India’s political leadership.
How Did RBI Give Govt Rs 87,416 Crore? (01-06-2023)
The RBI raked in a massive net income gain from foreign exchange currency sales as a buffer for the rupee during tumultuous geopolitical upheavals last year owing to Russia’s invasion of Ukraine.
India bets on FY24 economic growth exceeding 6.5% (31-05-2023)
Enthused by higher than expected GDP numbers in the fourth quarter of 2022-23, Chief Economic Adviser (CEA) V Anantha Nageswaran on Wednesday said India’s economic growth may exceed the initial estimate of 6.5 per cent in the current fiscal and the country can look for another year of solid economic performance.
India beats world with 7.2% growth, is $3.3tn economy (31-05-2023)
India’s economy grew 6.1 per cent in the fourth quarter of 2022-23, pushing up the annual growth rate to 7.2 per cent, official data showed on Wednesday.
What’s Elon Musk Doing in China? (31-05-2023)
This is the Tesla CEO’s first visit to China in three years.
Sensex snaps rally, falls 346 pts; Nifty down 99 pts (31-05-2023)
Benchmark stock indices Sensex and Nifty cut short their four-day gaining streak to close lower by half a per cent on Wednesday due to profit-taking in banking oil and metal stocks amid weak trends in global markets.