Market Updates - Angel One

An Overview SEBI plans to invest big in technology in order to upgrade its monitoring capabilities, investigation, and policy-making capabilities. SEBI will deploy key information technology projects in the next few years that are critical to its day-to-day operations and mandate, according to the capital market regulator’s annual report for 2020-21. SEBI stated that it …

The opening bell of 4 August 2021 can be marked as a notable one as 4 companies from different industries made their Dalal Street Debut. This list included Exxaro Tiles, Windlas Biotech, Devyani International Ltd, and Krsnaa Diagnostics. The response for these IPOs has been overwhelming on the first day, as allotted shares have been …

The satellite TV arm of Tata Group is preparing to draft share sale documents with market regulator SEBI. Sources close to the matter say that Tata Sky will go for its public listing within March 2022. Tata Sky’s IPO size might range somewhere between Rs. 2,000 and Rs. 3,000 crore. This IPO would comprise both …

Nykaa, an e-commerce start-up, has filed preliminary papers with the Securities and Exchange Board of India to raise Rs. 4000 crores via an initial public offering. Per its DRHP, the IPO will comprise new shares worth Rs. 525 crores along with a secondary issue of 43.11 million equity shares by existing shareholders and promoters. TPG …

On 30 July 2021, SEBI permitted AMCs to extend an instant access facility (IAF) in overnight fund schemes. Previously, fund houses were permitted to offer this facility in just liquid schemes. Why is It Significant? Instant Access Facility or IAF allows to credit redemption proceeds in an investor’s bank account on the day of his/her …

The Security and Exchange Board of India (SEBI) announced the exemption of closing day net asset value (NAV) applicability for direct ETF transactions with AMCs. On Friday, the capital markets regulator came out with guidelines regarding the applicability of intra-day NAV for such transactions by large investors and authorised participants. A circular revealed that the …

The software giant Microsoft is reportedly in talks to acquire stakes in the SoftBank-backed Indian start-up Oyo. Even though neither of the companies have confirmed the news, inside sources suggest that Microsoft is supposedly entering this deal with a $9 billion valuation of Oyo. However, the actual investment amount is yet to be available, and …

Zomato’s IPO listing and subsequent rally, which has been stellar so far, hasn’t yet run out of steam. JM Financial became the second brokerage firm UBS Securities India to accredit Zomato with a “buy” rating, pegging nearly 25% upside potential to put the target price at Rs. 170 per share. A Brief Overview of the …

Reliance Industries Ltd has dropped to the 155th place on the list of Fortune Global 500 companies. According to reports, the Indian conglomerate has dropped 59 spots on the list, and its ranking is its lowest since the last four years. The list, which was released on August 2, is topped by Walmart while State …

An Overview To make REITs and InvITs more appealing to retail investors, the markets regulator SEBI cut the minimum application value and changed the trading lot to one unit for these developing investment vehicles. SEBI stated in two different notices dated 30th July that the minimum application value for both REITs and InvITs has been …