The Securities and Exchange Board of India (SEBI) has taken a significant step to enhance the experience of Foreign Portfolio Investors (FPIs) in the Indian securities market. On Wednesday, the regulator launched a dedicated FPI outreach cell, aimed at streamlining the process of accessing and investing in Indian securities. The newly established cell, operating under …
Introduction The NSE Indices Limited has announced a major reshuffling in its various indices, including the Nifty Alpha 50, as part of its quarterly review. These changes will take effect at the close of trading on September 27, 2024, and will be effective from September 30, 2024. This article breaks down the details of the …
Ensuring the equitable and transparent operation of the Indian securities market is a major responsibility of the Securities and Exchange Board of India (SEBI). To safeguard investor interests and preserve market integrity, it is in charge of regulating and overseeing many organizations, including stock exchanges, brokers, merchant bankers, and other intermediaries. In addition, SEBI creates …
A recent report by the Securities and Exchange Board of India (SEBI) has shed light on the heightened lossed faced by individual traders in the futures and options (F&O) market. Over the past 3 financial years, these F&O traders collectively suffered a staggering loss of ₹1.8 lakh crore, with an overwhelming majority suffering average losses …
Indian equity markets started the week on a high note, with the Nifty50 index touching an all-time high of 25,925.80. While most sectors traded in the green, the Nifty PSU Bank Index was the star performer, registering its sharpest single-day gain in over two months. Nifty PSU Index Leads the Rally The Nifty PSU Bank …
Introduction: The Fed Cuts Rates After Fourteen Months of Pause After weeks of speculation, the Federal Open Market Committee (FOMC) of the US Federal Reserve has initiated a new monetary easing cycle with a 50 basis points (bps) cut, bringing the federal funds rate range to 4.75%-5.00%. This marks the first rate cut since March …
The Nifty Financial Services Index reached a fresh record high on Wednesday, moving in tandem with the Nifty50 index. This index is designed to reflect the performance of the Indian financial market, comprising sectors like banks, financial institutions, housing finance companies, insurance firms, and other financial services providers. With 20 stocks listed on the National …
India Surpasses China in MSCI Emerging Market Index India has officially taken the lead in the MSCI Emerging Market Index, surpassing China to become the largest emerging market per the MSCI Investable Market Index (IMI) criteria, which includes large, mid, and small-cap stocks. This shift marks a significant milestone, reflecting India’s rising influence in global …
Windfall Tax on Crude Oil Slashed to Zero The Indian government announced a significant change in its taxation policy on Tuesday, slashing the windfall tax on domestically produced crude oil to ‘nil’ per tonne effective September 18. This tax, officially known as the Special Additional Excise Duty (SAED), is reviewed and adjusted fortnightly based on …
The Securities and Exchange Board of India (SEBI) has introduced a new framework to expedite the trading of bonus shares. Effective October 1, 2024, bonus shares will be available for trading within two days of the record date (T+2), significantly reducing the previous waiting period. Previously, the lag between the record date and the crediting …
