Page 6 - Trading
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
 "Despite RBI red flag, unauthorised e-trading platforms just a click away")
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
 "NSE to reduce time for trades in unlisted market as it awaits IPO")
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
 "Cracking the whip: Stricter rules against suspicious trading on cards")
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.
 "Trading strategies for Aviation stocks amid Go First bankruptcy")
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
 "Penalty for margin shortfall in derivative trading to begin from Tuesday")
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
 "Paytm, Zomato, Nykaa: Select new-age stocks may rise up to 12%")
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
 "Axis Direct faces hours-long technical outage; traders complaint of losses")
India finalises 13 activities under 3 heads for trading of carbon credits
Green ammonia approved as alternative material for greenhouse gas mitigation
 "India finalises 13 activities under 3 heads for trading of carbon credits")
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
 "Quake toll surpasses 11,000; Turkey Halts Trading After $35-Bn Wipeout")
Margin of safety
ASBA must be properly tested for secondary markets
 "Margin of safety")
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
 "Sebi proposes blocking of funds facility for trading in secondary market")
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
 "Markets to shift to T+1 settlement system from January 27: Report")
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
 "Cash trading volume declines in 2022 amid muted returns, shows data")
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.
 "PTC India net profit more than trebles to Rs 157 cr in Jan-Mar quarter")
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
 "20-minute glitch on Zerodha app; users unable to view, modify orders")
FTX to start US bankruptcy proceedings, CEO Sam Bankman-Fried to exit
Firm says it will begin process to review and monetise assets for stakeholders
 "FTX to start US bankruptcy proceedings, CEO Sam Bankman-Fried to exit")
'It is unacceptable': Investors react to 40-minute Toronto Exchange Outage
A 40-minute outage across three stock exchanges stalled equity trading in Canada, leaving some investors frustrated and others refusing to place orders even after it reopened.
 "'It is unacceptable': Investors react to 40-minute Toronto Exchange Outage")
MSCI sets aside Piramal Pharma's exclusion from global standard index
The company was listed separately on October 19, following its demerger from Piramal Enterprises
 "MSCI sets aside Piramal Pharma's exclusion from global standard index")
 "Smartest Paper Trading Platform, with 100% Real Trading Experience - Neostox")
Assess maximum possible loss before entering F&O trade: Experts
Have sufficient capital as buffer to be able to meet additional margin requirements
 "Assess maximum possible loss before entering F&O trade: Experts")
