Sebi may use the last 30 minutes’ volume-weighted average price for derivatives settlement, while retaining closing auctions for less liquid stocks India’s markets regulator is likely to stop using closing auctions to calculate derivatives settlement prices for at least a year, two sources with direct knowledge of the matter said, in a partial reversal of…
DetailsStock market crash: Analysts flag October rate hike fears, low liquidity, high oil prices, persistent FIIs selling and a long-weekend as some of the key reasons for the market fall on Thursday. Equity benchmark indices took a sharp hit in mid-noon deals, with the BSE benchmark Sensex tumbling all the way to a new calendar…
DetailsHigh oil prices and weak monsoon, which will weigh on food prices, are likely to push up inflation, and in this backdrop, RBI may raise the repo rate by 25 bps each in October and December, feels D. K. Joshi, Chief Economist at Crisil Are you a home-loan borrower? Your interest rate may go up…
DetailsDespite robust GDP growth of 7.8%, India’s Nifty 50 index has plummeted 13% YTD, highlighting a stark divergence between economic strength and market performance. What explains it? Do the economy and markets go hand in hand? Mostly yes, but not always. There are times when the two can diverge, with the stock market moving in…
DetailsOn September 28, the Indian stock market faced significant selling pressure, with indices dropping due to rising crude oil prices and global monetary tightening fears. The Nifty 50 fell 1.54%, closing below 23,000 for the first time since April, as multiple sectors showed losses. The Indian stock market came under severe selling pressure in Monday’s…
DetailsSebi had sent show-cause notices to the companies in February 2024 for alleged lapses in disclosure of certain related-party transactions, highlighted in the Hindenburg report Five companies of the coal-to-port conglomerate Adani group have settled adjudication proceedings with market regulator Securities and Exchange Board of India (Sebi) for a cumulative amount of Rs 1.51 crore,…
DetailsThe BSE Healthcare index rallied over 1% in Monday’s trade. Thus far in the financial year 2026-27, it outperformed the market by soaring 25%, against a near 4% rise in the BSE Sensex. BSE Healthcare index movement Shares of pharmaceutical companies were in demand with the BSE Healthcare index rallying over 1 per cent…
DetailsThe NSE IPO opened for subscription on Thursday and will remain open till Monday, September 21. The exchange has set a price band of ₹1,700-1,785 per share. National Stock Exchange’s initial public offering sailed through on the second day of bidding process on Friday. As of 3.45 PM, the IPO was subscribed 1.03 times as…
DetailsGross direct tax collections grew 15.19% to ₹14.32 trillion a year earlier. Net corporate tax collections, after accounting for refunds, increased 19.48% New Delhi: Net direct tax collections rose 12.96% year-on-year to ₹12.12 trillion as of 17 September of fiscal year 2027, as per the income-tax department’s provisional data released on Friday. Gross direct tax…
DetailsShares of Puravankara rose nearly 4% to ₹218 following the acquisition of redevelopment rights for three societies in Goregaon West, Mumbai, with a project potential of 1.05 million sq. ft. and a GDV of ₹2,600 crore, strengthening its market position. Shares of real estate developer Puravankara closed nearly 4% higher in Thursday’s trade on 17…
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