Page 60 - Sundar Sethuraman

Demat account tally jumps 63% to 89.7 million in FY22, shows data

Experts say, however, that pace of additions may moderate going ahead

Indices slide as bond yields march ahead; Sensex falls 388 points

This is fifth decline in six sessions; analysts expect markets to react to inflation data today

We expect our customer base to grow 3x in FY23: Upstox's Ravi Kumar

In a Q&A, the CEO of the discount broking firm says the industry is seeing huge traction from smaller cities and first-time investors

Equity volumes see strong growth in FY22 despite tightening of margin norms

The equity cash market grew 9 per cent and derivative volumes jumped 2.6 times

Street signs: Nifty sees resistance at 18k, vehicle financier stocks & more

The benchmark Nifty last week pierced 18,000 for the first time since January 19. While Vehicle financier stocks are likely to gain on the back of demand recovery and improved asset quality

Benchmark indices decline for third day ahead of RBI monetary policy

On Thursday, overseas investors sold shares worth Rs 5,009 crore, while domestic institutions invested Rs 1,775 crore

Aggressive Fed tightening could throw a spanner in D-Street party

Minutes of meeting showed Fed plans to shrink its $9-trn balance sheet by over $1 trn a year, pare bond holdings by $95 bn a month to cool off inflation which has hit four-decade high

Block, stock, and trades: Block trades gather steam and what this suggests

Investment bankers say successful execution of large block trades is a healthy sign and could pave the way for large initial public offerings (IPOs) and additional fund-raising by listed companies

Prospect of US Fed firing on all cylinders spooks Indian markets

Overseas investors sold shares worth Rs 2,280 crore, while domestic institutions provided buying support of Rs 623 crore

Markets slip by up to 0.9% as yields rise on hawkish Fed comments

Reports of fresh sanctions against Russia further impact sentiment. Investors worry that the growing isolation of Russia will further disrupt commodity flows

IPO rush: DRHP filings zoom nearly five-fold to 145 in FY22

This was on account of companies rushing to take advantage of the favourable market sentiment towards IPOs triggered by various reasons

HDFC-HDFC Bank merger powers D-Street: Sensex, Nifty50 jump over 2%

The frontline indices jumped more than 2 per cent on Monday as the announcement of the plan to merge HDFC into HDFC Bank set their stocks soaring

Street signs: Gail buyback, Medical device makers to gain, and more

Brokerages are advising their retail clients to buy shares of Gail to take advantage of the arbitrage opportunity.

Rally returns: Sensex and Nifty rise to two-month high as FPIs return

The Sensex rose 708.2 points, or 1.2 per cent, to end at 59,277 - the highest closing level since February 2

FY22, a mixed bag for IPO investors; 19 companies trading below issue price

Only half of the 52 firms that got listed managed to give Nifty-beating returns

Dalal Street beats global peers for a second financial year in row

However, the gains were muted compared with the previous financial year, when the market soared 70 per cent, thanks to the sharp rebound from Covid-19 lows

Sensex hits highest level since Feb 10 on hopes of Russia-Ukraine truce

The Sensex rose 740 points, or 1.3 per cent, to end the day at 58,684, the highest since February 10.

Extend deadline to link PAN-Aadhaar by three months: Brokers' plea to Sebi

According to brokers and mutual fund transfer agents, millions of demat accounts as well as mutual fund (MF) folios are yet to link their PAN and Aadhaar

Gold jeweller Joyalukkas India files IPO papers to raise Rs 2,300 cr

At present, the company generates over 90 per cent of its revenues from southern states.

Street signs: Markets turn range-bound, block deal activity rises & more

The brokerage said the options data suggests that the Nifty has strong support around 17,000 and then 16,800, which can act as a stop-loss for those initiating long positions