Page 997 - Markets News
Sebi clarifies on reports pertaining T+0 system mandatory for all
"This has been erroneously reported in a section of the press as Sebi bats for making the T+0 system mandatory for all," the regulator said
 "Sebi clarifies on reports pertaining T+0 system mandatory for all")
BSE shares rise 6% after Sebi proposes stricter derivatives trading rules
SoftBank-backed SaaS platform Unicommerce eSolutions Ltd will launch its initial public offering (IPO) on August 6.
 "BSE shares rise 6% after Sebi proposes stricter derivatives trading rules")
Sebi F&O proposals seen further boosting appeal of options segment
Share of index options up from 5% to 29% over past 4 years
 "Sebi F&O proposals seen further boosting appeal of options segment")
Strong institutional flows lift equity markets in July, shows data
India's market cap rises by Rs 25.5 trillion to Rs 463 ($5.5 trillion) in July
 "Strong institutional flows lift equity markets in July, shows data")
Mcap of BSE-listed companies jumps to lifetime peak of Rs 462.38 trn
The 30-share BSE Sensex settled higher by 285.94 points or 0.35 per cent at 81,741.34 -- its all-time closing high
 "Mcap of BSE-listed companies jumps to lifetime peak of Rs 462.38 trn")
High returns, govt support pushes AIFs to explore SME-focused IPOs
Approximately 900 SMEs have been listed on the SME platforms of both the National Stock Exchange and the BSE, with significant traction observed over the past 2-3 years
 "High returns, govt support pushes AIFs to explore SME-focused IPOs")
'Sebi's plan on index derivatives to reduce volumes, lower volatility'
In its consultation paper, Sebi proposed 7 measures, like increasing minimum contract size and collection of option premiums, intra-day monitoring of position limits, rationalising strike prices
 "'Sebi's plan on index derivatives to reduce volumes, lower volatility'")
Stock Market highlights, July 31: Sensex adds 285 pts, Nifty settles at 24951; Midcap stocks shine
Stock Market highlights on July 31, 2024: The day belonged to the bulls as 21 out of 30 stocks on the BSE Sensex saw gains of up to 4 per cent
 "Stock Market highlights, July 31: Sensex adds 285 pts, Nifty settles at 24951; Midcap stocks shine")
HDFC Life, SBI Life stocks rally up to 3% on Gadkari's GST withdrawal plea
Life insurance stocks: While analysts laud the proposal to withdraw GST on life, medical insurance premiums, they suggest investors wait for the Finance Ministry's before taking any investment call
 "HDFC Life, SBI Life stocks rally up to 3% on Gadkari's GST withdrawal plea")
Zee Entertainment stock jumps 6% on Q1 turnaround; posts Rs 118 cr profit
Zee Entertainment Q1 earnings impact: The company's consolidated total income grew by 7.6 per cent YoY to Rs 2,149.52 cr in Q1FY25 from Rs 1,998.26 cr in Q1FY24.
 "Zee Entertainment stock jumps 6% on Q1 turnaround; posts Rs 118 cr profit")
Pharma shares rally; Suven, Granules, Ajanta, Jubilant surge over 5%
Q1 earnings cheer: Lupin, Zydus Lifesciences, Glenmark Pharmaceuticals, Aurobindo Pharma, Torrent Pharmaceuticals and Sun Pharmaceutical were up between 2 per cent and 3 per cent.
 "Pharma shares rally; Suven, Granules, Ajanta, Jubilant surge over 5%")
M&M share price up 2% after June quarter performance; topline jumps 11%
The company's standalone revenue rose 11.2 per cent year-on-year (Y-o-Y) to Rs 27,132.8 crore in Q1FY25, as opposed to Rs 24,402.9 crore in Q1FY24.
 "M&M share price up 2% after June quarter performance; topline jumps 11%")
Foreign banks' 2024 Indian bond purchases hit record high, exceeds $16 bn
The persistent purchases by foreign participants will reduce the pressure on local banks to absorb supply
 "Foreign banks' 2024 Indian bond purchases hit record high, exceeds $16 bn")
Household savings take a hit, Rs 60,000 crore lost annually in F&O trading
Sebi Chairperson Madhabi Puri Buch noted that trading volumes in the F&O segment have surged over the past three years, growing at an unprecedented rate
 "Household savings take a hit, Rs 60,000 crore lost annually in F&O trading")
Titagarh Rail stock down 8% on weak operational performance in June quarter
The fall in the share price came after the company reported a weak set of numbers on the operations front.
 "Titagarh Rail stock down 8% on weak operational performance in June quarter")
KFintech stock up 23% in 6 days post Q1 results; Jefferies retains Buy call
The company gained significant traction in new contract sign ups in the fast-growing business lines of global fund services, alternatives and wealth, fund administration, and technology solutions.
 "KFintech stock up 23% in 6 days post Q1 results; Jefferies retains Buy call")
Zydus Life gains over 2% on securing nod from COFERRIS to market Mamitra
The uptick in the stock price came after the pharmaceutical company announced that it has secured an approval from COFEPRIS of Mexico to market Mamitra to treat various cancers.
 "Zydus Life gains over 2% on securing nod from COFERRIS to market Mamitra")
BANKEX expiry Friday to boost BSE volumes: Hemang Jani of Finazenn explains
Why is BSE stock up today: BSE share price advanced 8.1 per cent to Rs 2,607.7 per share on the NSE on Wednesday. The rally comes amid market regulator Sebi's new proposals regarding F&O trading
 "BANKEX expiry Friday to boost BSE volumes: Hemang Jani of Finazenn explains")
July auto sales preview: Analysts see 2W sales picking up; check top bets
Analysts at Anand Rathi expect passenger vehicle (PV) volumes to have grown, driven by better retail sales and inventory build-up
 "July auto sales preview: Analysts see 2W sales picking up; check top bets")
RBI to keep popular govt bond tenors free of foreign investment curbs
The decision on exclusions from the FAR category is not based on any consideration of volatility
 "RBI to keep popular govt bond tenors free of foreign investment curbs")