Market regulator SEBI plans to extend equity derivatives’ tenure to curb losses

“The plans to extend the tenure of such contracts is at a conceptual stage,” SEBI chairman Tuhin Kanta Pandey said at the sidelines of an industry event “Markets regulator Securities and Exchange Board of India – SEBI  is planning to increase the tenure and maturity of equity derivatives contracts,” its chairman Tuhin Kanta Pandey said…

Minimum balance rule in banks: Check how much you need to maintain in HDFC, SBI and other banks’ savings accounts

Check how much you need to maintain in HDFC, SBI, Kotak Mahindra, among other private and public sector banks’ savings accounts amid ICICI Bank’s move to hike its minimum balance requirement to ₹50,000/month for its metro and urban branches.    Minimum balance rule in banks: Banks in India have different slabs of monthly account balance…

Union Bank, Balrampur Chini & Aavas Financiers: Axis Securities shares weekly technical picks

Axis suggested weekly technical stock picks with a potential upside of up to 20 per cent.   Axis Securities said the benchmark Nifty50 saw profit booking around the 23,800 zone recently. For the week, the domestic brokerage expects the index to trade within a broader range of 24,250-23,000 while sub-index Nifty Bank could trade within the…