According to Sebi, the Closing Auction Session is designed to ensure a fair and transparent closing price through an auction mechanism instead of relying solely on the earlier methodology (Volume Weighted Average Price or VWAP). The Securities and Exchange Board of India’s (Sebi’s) revised trading framework came into effect on August 3, introducing a Closing…
The IPO rules for very large firms have been eased, granting a timeline of up to 10 years to meet minimum public shareholding requirements. Minimum shareholding norm for large companies eased by Sebi Capital market regulator Sebi has relaxed the minimum public shareholding norms for big corporates going for an IPO, at the board…
IndusInd Bank share price: The stock rose 0.72 per cent to settle at Rs 676.95. At this price, it has cracked 35.40 per cent in a month. Shares of IndusInd Bank Ltd on Monday resumed climb after a single-day hiatus. The stock rose 0.72 per cent to settle at Rs 676.95. At this price, it has…