India’s markets regulator will tell the country’s top court why it paused, then restarted investigations into the Adani Group after a tip in 2014 amid questions around regulatory delays, according to two people with direct knowledge of the matter. The Securities and Exchange Board of India (SEBI) will say for the first time that India’s […]
Month: July 2023
Oil prices rise to 10 month-high on China reserve ratio cutOil prices rise to 10 month-high on China reserve ratio cut
Oil prices rose to their highest level in 10 months on Friday, after China cut banks’ cash reserve requirements to boost its economic recovery, and on expectations that major global interest rate hike cycles were nearing their end. Brent crude rose 46 cents, or 0.5%, to $94.16 as of 0027 GMT, while the U.S. West […]
Plaza Wires set to debut on bourses; GMP looks favourablePlaza Wires set to debut on bourses; GMP looks favourable
Plaza Wires’ shares are scheduled to debut on the bourses today. Ahead of its listing, Plaza Wires’ shares’ GMP surged 42.59%. The IPO was subscribed 160.97 times. The Qualified Institutional Buyers (QIBs) category was subscribed 42.84 times, the portion for non-institutional investors received a 388.09-time subscription, and the Retail Individual Investors (RIIs) quota got subscribed […]
Ratnaveer Precision Engineering IPO opens for subscription, GMP up 49%; should you subscribe to the issue?Ratnaveer Precision Engineering IPO opens for subscription, GMP up 49%; should you subscribe to the issue?
Ratnaveer Precision Engineering IPO: Ratnaveer Precision Engineering IPO opened for public subscription on Monday, 4 September, and will close on Wednesday, 6 September. The bidding for anchor investors concluded on Friday, wherein the company collected Rs 49.5 crore. The price band for its public issue at Rs 93-98 per equity share of face value Rs […]
Digikore Studios listing at 57% premiumDigikore Studios listing at 57% premium
Visual effects company, Digikore Studios listed its shares on the National Stock Exchange on Wednesday at a premium of 57% over the IPO price. The Pune-based VFX company IPO was oversubscribed by 243.11 times with the company receiving applications worth Rs 5,411 crore, making it the third largest SME IPO subscription in the country. The […]
Sebi notifies new ‘fit and proper’ criteria for exchanges, clearing corpsSebi notifies new ‘fit and proper’ criteria for exchanges, clearing corps
Capital markets regulator Sebi has tweaked its framework regarding ‘fit and proper’ criteria for stock exchanges and other market infrastructure institutions, whereby any direction passed against such institutions will not affect their operations.The new rules are aimed at separating the role of an individual from such institutions.In two separate notifications, the Securities and Exchange Board […]
Investment-tech platform, Grip secures OBPP licence under new regulatory frameworkInvestment-tech platform, Grip secures OBPP licence under new regulatory framework
Multi-asset alternative investment platform, Grip has obtained the Online Bond Platform Provider (OBPP) licence under the new regulatory framework established by the Securities and Exchange Board of India (SEBI). The company is now a Stock Broker in the Debt segment with the National Stock Exchange (NSE). SEBI introduced the OBPP regulations in November 2022 with […]
FII, DII data: FPIs sold shares worth Rs 1862 cr, DIIs bought shares worth Rs 1532 cr on October 12, ThursdayFII, DII data: FPIs sold shares worth Rs 1862 cr, DIIs bought shares worth Rs 1532 cr on October 12, Thursday
Foreign institutional investors (FII) offloaded shares worth net Rs 1,862.57 crore, while domestic institutional investors (DII) added shares worth net Rs 1,532.08 crore on October 12, 2023, according to the provisional data available on the NSE. For the month till October 12 2023, FIIs sold shares worth net Rs 10,929.65 crore while DIIs bought shares […]
New York City’s ‘apocalyptic haze’ sends alarm bell ringing! See orange-hued picsNew York City’s ‘apocalyptic haze’ sends alarm bell ringing! See orange-hued pics
1/7 Smoke and haze has engulfed North America cities due to the untimely summer wildfires in eastern Canada. A dozen of wildfires in canada still remain out of control which is why Quebec has ordered more evacuations. The air quality in Ottawa, which neighbors Quebec, has been classified in category 10+, the worst level on […]
Share Market Highlights: Nifty settles above 19350, Sensex up 250 pts; IT, metal stocks lead the pack, Trident jumps 11%Share Market Highlights: Nifty settles above 19350, Sensex up 250 pts; IT, metal stocks lead the pack, Trident jumps 11%
Share Market News Today | Sensex, Nifty, Share Prices Highlights: Domestic benchmarks NSE Nifty 50 and BSE Sensex broke their two-day slide on Monday. Sensex rose by 0.41% to 65,216.09, and Nifty 50 increased by 83 points, settling nearly at 19,400 at 19,393.6. In the broader markets, Nifty Next 50 jumped 0.8% while the smallcap […]