Warns of unchecked explosion in F&O retail trades
Before gaining in the past three sessions, the benchmark Nifty had dropped 3% from its peak following five straight days of losses
Brokerages maintain add/buy rating on the stock
Airtel Q4 FY24 results: The board has recommended a final dividend of Rs 8 per fully paid-up equity share of face value Rs 5 each for the financial year 2023-24
Q4 FY24 results: Patanjali Foods, Zydus Wellness, Bajaj Electrical, Colgate-Palmolive too will release their fourth quarter results
Shares gaining investor interest post robust results, dividend of Rs 90 per share
The second action against SMEs within a week for manipulation, issues caution to retail investors
BSE's arm India International Exchange (India INX) on Wednesday said India's leading gold refiner, which brings in up to 20 per cent of the country's gold, has started trading gold futures on its platform. This suggests that India INX, set up at GIFT City (Gujarat International Finance Tec-City), is becoming the main place for Indian jewellers and gold importers to hedge against the risk in gold prices. "Today, one of India's top gold refineries, which brings in 15 per cent to 20 per cent of the country's gold, has started trading gold futures to hedge against gold price volatility," India INX said in a statement. However, the bourse did not disclose the name of the refiner. In December 2022, the Reserve Bank of India (RBI) allowed Indian companies (except individuals) to manage their gold price risk on recognised exchanges within the International Financial Services Centre (IFSC). The move provided more options for Indian companies to hedge against volatility in gold prices throug
Adani Ports issued a clarification on reports stating the company planned to launch a development project in Bataan, Philippines to expand its ports. Here's what they said
Q4FY24 results: The company board has recommended a final dividend of Rs 40 per equity share of Rs 5 each for the financial year 2023-24
The board of directors of Marico Limited declared a second interim dividend of Rs 6.50 per equity share, the total dividend for the year ended March 31, 2024, amounts to Rs 9.50 per equity share
Q4 FY24 results today: Marico, Lupin, Gujarat Gas, Godrej Consumer Products, Indian Bank, Happiest Minds Technologies and Route Mobile will announce their fourth quarter and FY24 results on May 7
The previous high was 2,322 gainers recorded in January
This comes after India's markets regulator Sebi sought a higher regulatory fee structure for options contracts, which could eat into the exchange's profits
BSE increased charges across various turnover slabs by 24% to 32%
Analysts see price hike in options segment to manage costs
Leading stock exchange BSE is expected to shell out more regulatory fee after the markets watchdog Sebi asked the bourse to pay the fee based on the "notional value" of its options contracts rather than on the premium value. Also, the exchange has been asked to remit the differential payment for past years with interest. Initial data provided by BSE suggest an outgo of Rs 165 crore plus GST by the exchange. Reacting to the development, shares of BSE have slumped as much as 18.64 per cent to an intra-day low of Rs 2,612.0 on the NSE on Monday. Finally, the stock settled 13.31 per cent lower at Rs 2,783 on the NSE. There could be an increase in the BSE's regulatory fee payments to Sebi due to the significant variance between the notional and premium values. This discrepancy arises from the calculation method, which involves multiplying the contract size by the underlying price. Notional turnover represents the overall strike price of all contracts traded in derivatives, whereas premi
Shares of BSE took a nosedive, plummeting nearly 19% on the National Stock Exchange (NSE) during Monday's intra-day trading. This marked the steepest single-day fall since its debut in 2017. >
The market regulator on Friday directed the exchange to pay regulatory fee on 'notional value' of annual turnover
Investors' wealth climbed Rs 11,29,363.01 crore in the past five days to reach a record high of Rs 4,04,18,411.32 crore (USD 4.87 trillion) on Thursday