An Overview India’s capital markets regulator is widening its net in order to catch the country’s more sophisticated stock market violators. While SEBI had previously relied on information and tips from exchanges and brokers to prosecute cybercrime, the domestic stock market’s continued growth indicated that this means we’re no longer capable of creating solid cases …
As of 5 pm on 6 August 2021, the final bidding day, Windlas Biotech’s public issue was subscribed 22.40 times. The company’s initial public offering received bids for 13,78,54,260 shares, whereas the total number of reserved shares was 61,36,252. Windlas Biotech is one of the leading players in India’s pharmaceutical formulations contract development and manufacturing …
The Securities and Exchange Board of India (SEBI) has responded to consumer feedback by easing the Know Your Customer (KYC) requirements for mutual fund (MF) investors, both residents and non-resident Indians (NRIs). This, revealed in a communication from SEBI to industry participants, aims to address various challenges faced by investors in complying with KYC norms. …
The Government has slashed the Windfall Tax on petroleum crude to Rs.5,700 per metric tonne from Rs.8,400 per metric tonne, Earlier on May 1 from Rs.9,600 per metric tonne to Rs.8,400 per metric tonne. What is Windfall Tax A windfall tax is a tax levied by governments against certain industries when economic conditions allow those …
Nifty 50 Index Hits Record High On Thursday, the bulls took charge in the Indian stock market as the key NSE benchmark Nifty 50 index continued to climb, closing the weekly expiry trade at an all-time high of 22,967.65, marking a substantial gain of 369.85 points. This surge marked one of the most significant single-day …
Nifty Rallies for Fifth Straight Day On Wednesday, the NSE benchmark Nifty 50 index rallied for the fifth consecutive day. The Nifty gained 0.31% and closed just shy of the 22,600 mark. Notably, it closed above its prior day’s high and near the day’s peak. Despite lower trading volumes compared to the previous day, the …
The Capital Market regulator, the Securities and Exchange Board of India(SEBI) on Tuesday released a new set of guidelines for reducing the impact of market rumours on stock prices. SEBI Issues Guidelines to Curb Market Rumours Impacting Stock Prices On Tuesday, the Securities and Exchange Board of India (SEBI) released new guidelines aimed at reducing …
Introduction The Securities and Exchange Board of India (SEBI) has introduced significant changes to the calculation of market capitalisation for listed companies under the Listing Obligations and Disclosure Requirements (LODR) rules. This update shifts from a single-day market capitalisation to an average over a six-month period. New Calculation Method Previously, market capitalisation was determined based …
Exploring the Heartbeat of India’s Markets: Riding the Waves of India VIX and FPI Outflows Hey there, fellow market enthusiasts! Over the past couple of weeks, it’s been quite a rollercoaster ride in the Indian markets, hasn’t it? We’ve had our eyes glued to two major players in the scene: volatility and those elusive Foreign …
Indian stock markets will be open for a special trading session on Saturday, May 18, 2024. This session, conducted by both the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE), aims to evaluate disaster preparedness by switching operations from their primary site to the disaster recovery (DR) site. Here are the top 5 things …
