Page 6 - Angel One

NSE imposes penalty of Rs 1.67 cr on Angel One for flouting norms

Brokerage house Angel One Ltd has said National Stock Exchange (NSE) has barred it from onboarding new authorised persons (APs) for six months and imposed a Rs 1.67 crore penalty for flouting norms. Reacting to this, shares of Angel One plunged more than seven per cent in intra-day trade. The Member and Core Settlement Guarantee Fund Committee of NSE passed an order on July 14 against the broking company for an alleged failure to monitor the operations of its APs, Angel One said in a regulatory filing to the stock exchanges on Saturday. By doing so, it allegedly flouted the capital market segment rules and Futures and Options segment norms of the NSE. As per the order, a monetary penalty of Rs 1.67 crore has been levied on the broking company. In addition, it has prohibited "from onboarding new APs for a period of 6 months". Authorised person means any -- individual, partnership firm OR LLP -- who is appointed as such by a stockbroker and who provides access to the trading platfor

Angel One dips 7% as NSE bars onboarding of new authorised persons

Angel One said NSE's order does not affect the existing business or the activities of the APs affiliated with the company.

Stocks to watch: HDFC Bank, Bandhan Bank, LTIMindtree, Angel One, D-Mart

Stocks to watch on July 17, 2023: From HDFC Bank to Angel One, here are the top stocks to watch in Monday's trading session

NSE raps Angel One for lapses, slaps Rs 1.67 crore monetary penalty

Angel One has said NSE's order does not affect the existing business or the activities of the APs affiliated with the company

Sensex rallies 502 pts, ends above 66K; Nifty near 19,600; IT stocks sizzle

CLOSING BELL ON JULY 14, 2023: The BSE benchmark index scaled a fresh summit at 66,160, while the NSE Nifty50 registered a record high at 19,595.

Stockbroker Angel One logs rise in profit by 22% in Q1 as orders surge

Angel One held a 12.5% share in the number of demat accounts in India in the June quarter, up from 10.8% last year

Angel One, Emkay Global: Brokerage stocks may rally up to 15%, show charts

Trend of brokerage firms appear attractive on technical charts, progressive uptrend to continue.

Angel One client base jumps 44% in May, retail equity market share rises 4%

Angel One saw a 22.4 per cent rise in average daily orders to 4.12 million from 3.36 million last May

Sebi imposes Rs 10 lakh fine on Angel Broking for flouting regulatory norms

Capital markets regulator Sebi has slapped a fine of Rs 10 lakh on brokerage firm Angel Broking Ltd for alleged violation of regulatory norms. Angel Broking Ltd (now known as Angel One Ltd) is a Sebi-registered stock and commodity broker. The firm is listed on both the bourses -- BSE and NSE. The order came after Sebi along with the stock exchanges and the depositories conducted a comprehensive joint inspection of the functioning of Angel Broking Ltd (ABL). The period of inspection was from April 2019 to December 2020. Based on the findings of the inspection, the markets watchdog initiated adjudication proceedings against ABL. In its 78-page order, Sebi found that ABL pledged securities of clients who have a credit balance in their ledger and the mis-utilisation was to the extent of Rs 32.97 crore. Also, the regulator observed that the noticee (ABL) did not do actual settlement of funds of inactive clients during the inspection period in 300 instances and the non-settled amount wa

Angel One reports data breach, says no impact on client securities, funds

Stock broking firm, which manages 13 million clients, said certain client profile data like name, email, mobile number and client holding data may have been accessed in an unauthorised manner

Sensex dips 184 pts as RIL, HDFC twins weigh; Avalon Tech tanks 9% on debut

CLOSING BELL: The broader markets outperformed; Midcap and SmaIlcap indices were up 0.5 per cent and 0.2 per cent, respectively.

Stocks to Watch: Jubilant Food, Avalon Tech, Just Dial, Angel One, Hathway

Stocks to Watch today: Just dial saw a revenue growth of 39.5 per cent year-on-year to Rs 232.5 crore; Coca Cola India acquired 15% stake in Jubilant Food's associate company

Sensex ends 563pts up at 60,656, Nifty above 18,050; L&T, HUL rise up to 3%

CLOSING BELL: Broader markets, however, underperformed benchmark indices as Nifty SmallCap 100 and Nifty MidCap 100 indices dropped up to 0.1 per cent

Stocks to Watch: RIL, Adani Power, Siemens, Angel One, Bank of Baroda, M&M

Stocks to watch today: Bank of India, Delta Corp, ICICI Prudential Life Insurance Company, Metro Brands, and Network18 Media are some of the companies slated to report their Q3FY23 results on Tuesday

Review, GMP, valuations: Should you subscribe to Electronics Mart IPO?

The grey market premium (GMP) on Elecrtonics Mart India's (EMI's) shares was Rs 30-35 apiece, translating into a listing pop of up to 59 per cent

Stocks to watch: ACC, L&T Tech, L&T Infotech, JSPL, Glenmark, Tata Elxsi

Stocks to watch today: L&T Technology Services and Jindal Steel and Power will share June quarter 2022 (Q1FY23) results on Friday, July 15.

Stocks to watch: Mindtree, Tata Elxsi, Infosys, ACC, L&T Infotech, Raymond

Stocks to watch today: Tata Elxsi, L&T Infotech will report their June quarter results 2022 on Thursday July 14; Mindtree posted 37.3 per cent rise in net profit to Rs 471.6 crore for Q1FY23.

Angel One, 5Paisa: Most brokerages' shares look weak amid market volatility

According to analysts, the stock broking industry is expected to see tepid growth in fiscal year 2022-23 (FY23) amid market volatility

Angel One demat customers cross 10 mn; base doubles in over 12 months

On an annualised basis, the gross addition grew by 108.7 per cent in the 12 months ending May 2022, the city-based securities firm said in a statement on Monday

Angel One extends fall despite strong April update; stk drops 32% in 4 days

On April 29, 2022, the promoter, Rahul Thakkar sold 41,200 equity shares of Angel One via open market sale.