The FTSE Global Equity Index Series introduced changes to its indices last week, which will become effective March 19
Retail participation in the F&O segment - especially that for options writers on expiry days - has already been impacted owing to these norms, which became effective from December 1
An SBI Ecowrap report noted that while going short or long are typical market activities that aid in price discovery, at times, they can also result in price distortions, as it might be happening now
Indices were painted in the red for the fifth consecutive session as weak global cues, rising bond yields, and fears of Covid-19-led lockdown came to haunt the bulls on the Street
The NSE Nifty 50 index ended 2.04% lower at 14,675.70, clocking its biggest one-day drop since Dec.21; PSU banks and IT worst hit
The massive spike in 2021-22 borrowing target has led to a 31 basis points rally in benchmark bond yields, a report said
India VIX index surged over 14 per cent to close at 25.5 levels
Noting that the deal looks promising in terms of strategic investment, the stock price may have already priced-in the positives, say analysts
Index heavyweights, Reliance Industries, HDFC, TCS, ITC and ICICI Bank were among the top Sensex drags
Meanwhile, Bitcoin hit a record high on Sunday
The rate rejig, analysts say, will alter the tax burden on companies, which they expect to get passed on to the consumers
The NSE Nifty 50 index .NSEI was down 0.68% to 14,880.75 by 0454 GMT, while the S&P BSE Sensex .BSESN was 0.85% lower at 50,446.43
The stock is up for the second day in a row and has gained nearly 24 per cent in two days
JSW Steel, Hindustan Zinc, Ratnamani Metals and Tubes, Tata Steel, MOIL, and Jindal Steel were up in the range of 2 per cent and 3 per cent.
In the last four trading sessions, the stock has risen nearly 10 per cent
The travel services firm said it plans to raise up to Rs 450 crore via the issue of Optionally Convertible Cumulative Redeemable Preference shares (OCCRPS) through private placement
Promoter PNB said that it will not participate in PNB Housing Finance's capital raising plans
The stock of Adani Power has improved the bias with decent volume participation
The earnings season has almost ended, some 22 companies are still left to post their December quarter numbers, including Stove Kraft, Sanofi India, Rain Industries to name a few
Japan's Nikkei recouped 1.0% and South Korea 0.4%, while E-Mini futures for the S&P 500 were a fraction firmer