The NSE benchmark Nifty50 index began the day with a positive bias. In the first 30 minutes of trading, the index breached the low of its prior session, making an intraday low of 22,306.65, which it held for the remainder of the trading session. Following this initial low, the Nifty50 gradually picked up momentum throughout …
A Roller Coaster Week for Indian Equity Markets Last week was none less than a roller coaster ride for the Indian equity markets. On June 3, the BSE Sensex and the NSE Nifty 50 gained more than 3%, recording their largest single-day gain in three years and closing at record highs. This surge came after …
Foreign Portfolio Investors (FPIs) have continued to sell Indian equities heavily in the first week of June 2024, despite a market rebound. Here’s a detailed look at the FPI activity and its impact on the Indian stock market. FPI Selling Spree 1. Heavy Selling in June: In the first week of June, FPIs offloaded equities …
The Securities and Exchange Board of India is the regulatory body for securities and commodity markets in India under the administrative domain of the Ministry of Finance within the Government of India. The market regulator, SEBI has issued a circular under which it has announced that to make it more convenient for investors their respective …
The NSE benchmark Nifty 50 index opened the session on a high note and swiftly climbed to a fresh all-time high of 23,411.90, surpassing its previous high reached on June 3, 2024, amid optimism from exit polls. Early Optimism and Profit Booking Despite the initial burst of enthusiasm, profit booking soon became the order of …
The Reserve Bank of India (RBI) has introduced new regulations that simplify the process for Indian companies and individuals to invest in offshore funds. This move is aimed at encouraging more international investments by providing greater flexibility and removing previous restrictions. Here’s a breakdown of the new rules and what they mean for investors. Key …
The Securities and Exchange Board of India (SEBI) has released a consultation paper aimed at revising the eligibility criteria for stock derivatives in line with the evolving market conditions. This move is pivotal for enhancing price discovery and market liquidity while mitigating risks associated with market manipulation, volatility, and compromised investor protection. Here’s a detailed …
On Friday, the Monetary Policy Committee (MPC) of the Reserve Bank of India (RBI) voted four-to-two to keep the benchmark repurchase rate at 6.5%. This decision aligns with the forecasts from all 34 economists surveyed by Bloomberg. The six-member panel also maintained its hawkish policy stance, emphasizing a “withdrawal of accommodation” approach. Political Context and …
The Market regulator, SEBI has mandated the transfer of the securities directly to the client’s demat account This facility of direct transfer was already available voluntarily from February 1, 2001. But this has now been made mandatory. SEBI Circular On June 5, the Securities and Exchange Board of India (Sebi) issued a significant circular titled …
Starting October 14, the Securities and Exchange Board of India (SEBI) has introduced a new rule to enhance the safety of investors’ securities. The rule mandates that securities payouts be made directly to the client’s account. This change aims to protect clients’ securities and ensure that stock brokers keep client securities separate, preventing misuse. Current …
