Tuesday marked a significant milestone for the NSE benchmark Nifty50 index, which hit a fresh all-time high, comfortably trading above the 24,400 mark, up by 0.48%. This remarkable achievement was supported by a broad-based rally, with most sectoral indices trading in the green. Leading the charge were Nifty Auto and Nifty PSU Bank, showcasing strong …
The Multi Commodity Exchange of India Limited (MCX) is a premier commodity derivatives exchange based in India. Established in 2003, it is regulated by the Securities and Exchange Board of India (SEBI). MCX provides a platform for trading a wide range of commodity derivatives, including bullion, energy, base metals, and agricultural commodities. Known for its …
This extension provides stock brokers with additional time to ensure all necessary documents are accurately prepared and submitted. Stock brokers can now take advantage of this extended deadline to carefully review their financial statements, compliance reports, rules and regulations, and other required documentation to ensure they are in full compliance with SEBI regulations. This extra …
The Securities and Exchange Board of India (SEBI) has significantly reduced the ticket size or face value of debt securities from Rs 1 lakh to Rs 10,000. This change aims to boost retail investor participation in the corporate bond market. Market Impact Market participants have long desired a lower ticket size for debt securities, which …
Gift Nifty today turns 1 year old, and in this 1 year, we can see that the strategic move from SGX Nifty to Gift Nifty was excellent, and the Indian stock market digested this one very well. This increased oversight by Indian authorities will likely lead to stricter regulations and monitoring of trading activities, which …
In the beginning of the July 2024 month, automakers such as Maruti Suzuki, Tata Motors, Hyundai, Mahindra, Hero MotoCorp, Bajaj, Royal Enfield, Honda, Suzuki, TVS, and more will be highlighting their sales for the June month. The report contains information on their last month’s sales numbers, export growth year on year (YoY), and export volume. …
The Securities and Exchange Board of India (SEBI) has issued new guidelines to ensure fairness and transparency in the charges levied by Market Infrastructure Institutions (MIIs). These guidelines, effective from October 1, 2024, aim to protect investors and promote a more equitable securities market. Here’s a breakdown of the key points from SEBI’s circular: Role …
The NSE Nifty IT index is among the best-performing sectors on Monday, gaining almost 2% and reaching its highest level since March 18, 2024. June Performance: A Historic High The NSE Nifty IT index registered its sharpest rise in June in 20 years, with the technology benchmark index surging 11.6% last month. This marks the …
India, now the fifth-largest equity market globally, has witnessed a remarkable surge in its market capitalization, adding over USD 1 trillion in the last six months. This relentless rally has propelled the frontline indices to new record highs, driving increased participation in the market. Market Capitalization Surge Since the start of 2024, the combined market …
The Securities and Exchange Board of India (SEBI) has issued a circular outlining new guidelines for the Basic Services Demat Account (BSDA), aimed at promoting financial inclusion and simplifying the investment process for individuals. These new rules, effective from September 1, 2024, build upon previous directives and are designed to further boost participation in the …
