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Over 3 million demat accounts opened in Sept for second consecutive month

The country's two depository firms, Central Depository Services and the National Securities Depository, added about 3.1 million new accounts

BSE to launch options on WTI crude oil, Brent crude oil futures on Oct 9

Leading stock exchange BSE on Friday said it will launch options contracts on underlying WTI crude oil and Brent crude oil futures from October 9. In addition, the exchange will introduce Futures contracts on base metals such as copper, zinc, aluminium. These commodity contracts will provide market participants, particularly corporates, value chain participants and foreign portfolio investors, an efficient way to manage their commodity price risk against volatility, BSE said in a statement. Earlier, the stock exchange introduced Brent crude oil futures contracts in the commodity derivatives segment. Earlier in the day, the National Stock Exchange (NSE) announced that it will launch options contracts on underlying WTI crude oil and natural gas futures in the commodity derivatives segment from October 9. Separately, BSE said that Investor Risk Reduction Access (IRRA) has been made accessible to trading members across exchanges from October 3. The platform will help investors in cas

Small stocks lag behind in FY23, take bigger hit than bluechip firms

Small stocks have lagged behind the equity benchmark Sensex in 2022-23, falling nearly 6 per cent amid a host of negative factors like higher interest rate regime, high inflation and the Russian-Ukraine war. According to market analysts, it was a tumultuous year for the Indian equity market. The Russian-Ukraine war made the first quarter of the Indian equity market particularly difficult, but the second and third quarters witnessed a respectable rebound, they noted. Headwinds such as high inflation, the Russia-Ukraine war and higher interest rates hit investors' appetite for small stocks. With just one day of trading left in the current fiscal, the BSE smallcap gauge has fallen by 1,616.93 points or 5.73 per cent so far in 2022-23. The midcap index is down 270.29 points or 1.12 per cent in the 2022-23 financial year. In comparison, the BSE Sensex has declined 608.42 points or 1.03 per cent. "Many factors contributed to the underperformance of the Indian stock market in FY23. The

Advance-decline ratio improves in Sept despite FPI pullout, shows data

Despite the S&P BSE 500 Index dipping nearly a per cent in August, the ADR was at 1.11 amid a strong rally in midcap and smallcap stocks

Harvesting volatility: Trading volumes in September ripe for the picking

BSE's market share in the cash segment stood at 6.92 per cent

Equity market: Speed versus quality

Reducing transaction time beyond a certain threshold may not enhance equity market quality. On the contrary, it could reduce participation and diversity and harm the markets

NSE on its way to extend trading hours for F&O, awaiting Sebi nod

The National Stock Exchange (NSE) has already submitted a proposal to the market regulator Securities and Exchange Board of India (SEBI)

Street signs: Nifty at crucial juncture, JSW Infra's port of call, and more

The index most recently closed at 19,674, a level deemed crucial by technical analysts

BSE to discontinue stop loss market orders from Oct 9 to check freak trades

Leading stock exchange BSE has decided to discontinue Stop Loss Market (SL-M) orders from October 9 to prevent erroneous order placement arising out of manual or algo trades. This came after a recent freak trade incident caused a lot of angst among the trading community earlier this month due to an SL-M order. SL-M is a type of order that automatically sells or buys a security at the market price when the trigger price is reached. "As a measure to prevent erroneous order placement, stop loss orders with market condition in equity segment, equity derivatives segment, currency derivatives segment, and commodity derivatives segment shall be discontinued by the exchange with effect from October 9," BSE said in a notice. Welcoming the decision, Narendra Solanki, Head, Fundamental Research - Investment Services, Anand Rathi Shares and Stock Brokers, said it is a good step to prevent erroneous orders and should prove beneficial to small and retail traders as such freak trades harm and cre

Sebi levies Rs 55 lakh fine on 11 entities for non-genuine trades

Sebi has levied penalties totalling Rs 55 lakh on 11 entities for indulging in non-genuine trades in illiquid stock options segment on the BSE. In 11 separate orders, the regulator slapped a fine of Rs 5 lakh each on Kamala Agarwal, Kamla Devi Bajoria, Kamla Jain, Kamaljeet Kour, Kamal Ramprasad Gupta, Kamal Kumar, Kamlesh Ahuja, Kailash Narottamdas Anam, Sanjay Kumar Daga HUF Pragma Suppliers Pvt Ltd and Aromatic Tie Up Pvt Ltd. The orders came after the regulator observed large-scale reversal trades in the illiquid stock options segment on the BSE, leading to artificial volumes on the exchange. Sebi conducted an investigation into the trading activities of certain entities engaged in the segment from April 2014 to September 2015. The entities to be fined were among those who indulged in reversal trades, Sebi said in the 11 separate orders on Thursday. Reversal trades are non-genuine as they are executed in the normal course of trading, leading to a false or misleading appearance

Street signs: Nifty's next pit stop, grey market premiums decline, and more

On Tuesday, the NSE Midcap 100 and Nifty Smallcap 100 logged their biggest declines since December

Peak market strategy: Don't exit equities, keep investing new money

The key is to remain invested; rebalance your portfolio if required as market touches new highs

Sensex up for a ninth day, Nifty closes 20,000 for the first time

Market analysts remain cautious as US inflation data surpasses expectations, raising concerns about the Fed's future actions

Larsen & Toubro revises buyback price upward to Rs 3,200 per share

"The company is confident that the shareholders will take advantage and benefit from the buyback offer," Shankar Raman, Whole Time Director and chief financial officer, said

Mcap of BSE-listed companies hits fresh peak of Rs 320.94 trillion

Helped by the encouraging trend in domestic equities, the market capitalisation of BSE-listed companies jumped to a new all-time high of Rs 3,20,94,202.12 crore

Mcap of BSE-listed firms climb to fresh all-time high of Rs 319.10 trn

The BSE benchmark recovered all the early lost ground and finally ended with a gain of 385.04 points or 0.58 per cent at 66,265.56

Markets log 4th day of gains on buying in HDFC Bank, Asian markets

Fag-end buying helped the BSE Sensex climb 100.26 points or 0.15 per cent to settle at 65,880.52

NSE-BSE IFSC units may file merger plea before NCLT by September-end

Insiders suggest the possibility of an all-share amalgamation of arch rivals

Foreign investors rush into Indian stocks as locals lie low: Analysis

India is not alone in drawing investors who are disenchanted with China's markets and an economy limping after years of pandemic lockdowns

Sebi likely to implement one-hour settlement of trades by March 2024

Markets regulator Sebi will introduce one-hour trade settlements by the end of this fiscal, in the run up to making such processes instantaneous, a top official said on Tuesday. Amid concerns raised by certain foreign portfolio investors on the shortening of the settlement cycles citing forex-related worries, the official made it clear that faster settlements are optional and investors can opt out. Securities and Exchange Board of India (Sebi) has adopted a roadmap towards realising its aim of making trade settlements instantaneous, the official told reporters. "From one day to one hour to instantaneous is the roadmap," the official said, adding one hour settlements are much quicker to implement than instantaneous. The official said technology for one hour trade settlements already exists and the regulator is confident about the same, while the instantaneous settlements need more technology development. At present, Sebi is thinking of rolling out the one hour trade settlement for