Page 5 - Trading

Hedge fund trader Sanjay Shah extradited to Denmark a year after arrest

Shah was taken into custody by police on his arrival in Copenhagen on Wednesday, and will be taken to court for a bail hearing on Thursday morning, Danish police said in a statement

Renewables lender IREDA hits over $1.8 bn valuation in trading debut

Shares of IREDA, which were listed at 50 rupees, climbed to a high of 57.75 rupees, well above their initial public offer (IPO) price of 32 rupees

First Time In India Live Practical Trading Program by Dr. Nilesh Patil

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Traders excited and worried as stock options trading booms in India

Data from exchanges, which are big winners of this surge in demand, shows the daily average value of assets underlying these stock options more than doubled between March and October to $4.2 trillion

Crypto unicorn CoinDCX expects govt to lower tax that crushed trading

The company reduced staff by 12% earlier in 2023 and now has around 550 employees. Operating revenue and cash in the bank give CoinDCX a five-year "runway," Gupta said

Fined Rs 17 crore by Sebi: All you need to know about 'Baap of Chart'

Sebi has alleged that Md Nasir has been providing trading recommendations under the 'garb of educational courses', which were charged for

FTX Founder Sam Bankman's fraud trial gets under way with jury selection

US District Judge told group of 50 prospective jurors gathered in courtroom on top floor of a federal courthouse in lower Manhattan that he would ask them questions to try to seat a 12-member panel

Nuvama Wealth Management makes NSE debut; stock settles at Rs 2,612

The company is aiming to double its bottomline in three years underpinned by the growing number of wealthy Indians and their demand for investment solutions

Extended market benefits

Longer trading hours to help investors respond better to global events

Financial markets in India closed today on account of Ganesh Chaturthi

The markets will resume trading on Wednesday, Sept. 20.

Markets decline on weak global trends, fresh foreign fund outflows

Equity benchmark indices fell in early trade on Friday amid bearish global cues and fresh foreign fund outflows. Markets also declined as IT stocks slipped. The 30-share BSE Sensex was down 297.62 points to 64,853.40. The NSE Nifty dipped 88.75 points to 19,276.50. From the Sensex pack, Tata Consultancy Services, Wipro, HCL Technologies, Infosys, Tech Mahindra, Nestle, Bajaj Finance and Bajaj Finserv were the major laggards. Larsen & Toubro, Axis Bank, Hindustan Unilever, Maruti, ICICI Bank and ITC were among the gainers. In Asian markets, Seoul, Tokyo, Shanghai and Hong Kong were trading in the negative territory. The US markets ended lower on Thursday. Global oil benchmark Brent crude climbed 0.13 per cent to USD 84.23 a barrel. Foreign Institutional Investors (FIIs) offloaded equities worth Rs 1,510.86 crore on Thursday after a day's breather, according to exchange data The BSE benchmark had declined 388.40 points or 0.59 per cent to settle at 65,151.02 on Thursday. The Nif

Rupee falls 8 paise to 82.74 against US dollar during early trade

The rupee depreciated by 8 paise to 82.74 against the US dollar in early trade on Friday, tracking a firm dollar against major rivals overseas. Analysts said, weak sentiment in the domestic equity market and elevated level of crude prices nearing USD 87 per barrel also weighed on the domestic unit. On Thursday, the Reserve Bank of India in its bi-monthly monetary policy review decided to keep key interest rate unchanged, but hinted at tighter policy if food prices drive inflation higher. The American currency regained after US consumer price inflation showed moderation in July, raising hopes that the US Federal Reserve would pause rate hike. At the interbank foreign exchange market, the local unit opened at 82.75 against the US dollar and moved in a narrow range of 82.73 to 82.76. It later traded at 82.74 against the greenback, registering a fall of 8 paise from its previous close. On Thursday, the rupee rebounded 19 paise to close at 82.66 against the US dollar after the RBI aske

$7.5 bn SGX-traded futures has tepid start after shifting to India

The average number of open contracts for NSE International Exchange's key product GIFT Nifty was 32,934 in the week to July 7, according to data compiled by Bloomberg

HDFC AMC, UTI AMC: Charts suggest up to 15% rally in select AMC shares

Selective AMC stocks like HDFC Asset Management Company and Nippon Life India Asset Management may rise up to 15%

NSE to pay Rs 72.6 crore to settle February 2021 trading glitch case

Former MD & CEO Vikram Limaye, two others asked to do 14-day community service

MRF can hit Rs 120,000, technical charts suggest; support at Rs 96,000 mark

Overall trend of the MRF shares has become lucrative and highly optimistic following decisive rally over the key hurdle of Rs 95,000. The short-to-medium trend is poised for 20 per cent upside.

RBI warns tech firms against unauthorised trading platforms on app stores

Updated central bank alert list names 56 entities prohibited from dealing in foreign exchange

Despite RBI red flag, unauthorised e-trading platforms just a click away

Alert list prompted a back-and-forth communication between FinMin and MeitY to take down the apps from Play Store. However, no government agency issued blocking orders

NSE to reduce time for trades in unlisted market as it awaits IPO

The bourse plans to process approvals for its unlisted shares within a week

Cracking the whip: Stricter rules against suspicious trading on cards

Entities making abnormal gains will have a lot of explaining to do before the market regulator