Page 6 - Trading

$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

Trading strategies for Aviation stocks amid Go First bankruptcy

Indigo shares may hit a new historic peak once it settles over Rs 2,200 level.

Penalty for margin shortfall in derivative trading to begin from Tuesday

The trading volumes in the derivatives section have been declining since Sebi began tightening margin norms for investors

Paytm, Zomato, Nykaa: Select new-age stocks may rise up to 12%

While the overall trend in the new-age companies has been negative, selective stocks are reflecting a robust comeback. If they succeed in restoring their optimistic faith, the price action may offer s

Axis Direct faces hours-long technical outage; traders complaint of losses

Queries sent to Axis Securities on the technical issues and resolution for customers remained unanswered till the time of going to press

India finalises 13 activities under 3 heads for trading of carbon credits

Green ammonia approved as alternative material for greenhouse gas mitigation

Quake toll surpasses 11,000; Turkey Halts Trading After $35-Bn Wipeout

The tally was expected to rise as hundreds of collapsed buildings in many cities have become tombs for people who had been asleep in the homes when the quake hit in the early morning

Margin of safety

ASBA must be properly tested for secondary markets

Sebi proposes blocking of funds facility for trading in secondary market

Capital markets regulator Sebi on Tuesday proposed to introduce a blocking of funds facility for trading in secondary markets, a move aimed at safeguarding investors' money

Markets to shift to T+1 settlement system from January 27: Report

It would allow the buyers and sellers to get shares and money in their accounts one day after the trade takes place

Cash trading volume declines in 2022 amid muted returns, shows data

Market experts said that though Indian markets outperformed peers the gains were not significant for retail investors who mostly dabble in cash trading

PTC India net profit more than trebles to Rs 157 cr in Jan-Mar quarter

Power trading solution provider PTC India's consolidated net profit more than trebled to Rs 157.11 crore in the March 2022 quarter, mainly due to lower expenses. The consolidated net profit of the company was Rs 49.77 crore in the quarter ended March 31, 2021, a BSE filing showed. Its total expenses dipped to Rs 2,890.57 in the quarter from Rs 3,792.56 crore a year ago. The total income also declined to Rs 3,107.04 crore in the quarter from Rs 3,925.99 crore in the year-ago period. Its consolidated net profit stood at Rs 551.67 crore in 2021-22 fiscal compared to Rs 457.62 crore in 2020-21. However, the total income in the fiscal came down to Rs 16,879.77 crore from Rs 18,373.66 crore earlier.

20-minute glitch on Zerodha app; users unable to view, modify orders

Company says limited group of customers impacted; Trade execution unaffected all the while