Besides Vodafone, several other major MNCs like Nokia and Shell were locked in tax dispute with the revenue department.
All principal markets including commodity, the Bombay Stock Exchange, the National Stock Exchange, Foreign Exchange and Money Market will remain closed on September 7.
Stellar rally in ITC shares along with strength in the Asian equities capped the downside.
The FPI holding in India's top 100 companies, which are part of the Nifty 100 index, declined to 24.23 per cent on average at the end of March this year, from a high of 27.5 per cent at the end of March 2021. This is the lowest FPI holdings in India's top listed companies in at least three years. A general sell-off by FPIs has weighed on stock prices and the benchmark S&P BSE Sensex is down 8.5 per cent, from its 52-week high made in October 2021. Most analysts expect FPI flows to remain weak in FY23 as well, given rising bond yields in the US and an expected earnings slowdown in India due to high inflation and commodity prices.
Commodity market regulator Forward Markets Commission may not allow futures trading in cement.
India's largest agri commodity bourse - the National Commodities and Derivatives Exchange - plans to launch futures trading in coal soon.
All major markets including Bombay Stock Exchange, National Stock Exchange, foreign exchange, call money and wholesale commodity markets will remain closed on Friday on account of 'Dussehra'.
Officials in the FMC said the regulator is planning to permit active role for the state marketing federations in commodity futures trading.
Several markets, including commodity, foreign exchange and money markets will remain closed on Tuesday on account of 'Maha Shivratri'.
HDFC Bank was the top gainer in the Sensex pack, rallying nearly 4 per cent, Infosys jumped over 3 per cent. Sun Pharma, NTPC, HCL Tech, Tech Mahindra, HDFC, RIL and TCS also closed with gains. On the other hand, Axis Bank was the top laggard, followed by ITC, ICICI Bank, IndusInd Bank and Maruti Suzuki.
Crisis-ridden NSEL on Wednesday declared ten more entities as defaulters after they failed to pay their dues on the second-pay out, taking the number of members who are to pay dues at 19.
Commodity markets are attracting large non-traditional investors across the globe.
India's leading agri commodity bourse - the National Commodity and Derivatives Exchange said on Monday that its trading volumes have been hit by the ban on futures trading in pulses, wheat and rice.
FIPB rejects proposals from firms that have not divulged details of beneficial ownership or source of funding
Finance Minister Arun Jaitley said Sebi would develop new products in the commodity derivatives space apart from taking steps to deepen the corporate bond market.
The aggrieved investors of National Spot Exchange (NSEL) have moved the Securities and Exchange Board of India (Sebi) against Financial Technologies (FTIL), the listed promoter.
The government on Tuesday said it is keeping a close watch on the developments in the crisis-ridden NSEL and will take action once reports of the two committees looking into the problems of the exchange are received.
Select markets such as the Bombay Stock Exchange, the National Stock Exchange, the foreign exchange and the money market will remain closed on Friday
The report noted that export volumes are likely to remain sluggish.
The turnover of 23 commodity bourses rose by 49.38 per cent to Rs 9,04,686 crore (Rs 9,046.86 billion) in August this year despite low business recorded during the month at the leading exchanges, MCX and NMCE, according to the Forward Markets Commission.
India's equity markets are on a roller-coaster ride, after delivering spectacular returns for two consecutive years - in 2020 and 2021. The benchmark National Stock Exchange's (NSE's) Nifty50 is down 1.5 per cent in the first nine months of the current calendar year 2022 (CY22) as foreign portfolio investors sold Indian stocks due to rising bond yields in the US and across global markets, including India. The sell-off in the Indian equity markets has, however, not been broad-based and largely limited to sectors facing earnings headwinds from rising interest rates, lower commodity and energy prices, and likely economic recession in advanced economies.
Prime Minister Narendra Modi on Saturday released Rs 20,946 crore to 10.09 crore farmers across India as the 10th installment of financial aid under the PM-KISAN scheme and said there was a need for innovation in agriculture along with promotion of natural farming. Under the Pradhan Mantri Kisan Samman Nidhi (PM-KISAN) scheme, a financial benefit of Rs 6,000 per year is provided to the eligible farmer families, payable in three equal installments of Rs 2,000. The PM-KISAN scheme was announced in the February 2019 Budget.
All major markets, including the Bombay Stock Exchange, National Stock Exchange, foreign exchange, government securities, overnight call money, bullion and commodity are closed on Monday for the second phase of Lok Sabha
A bench of Justices A M Khanwilkar and S K Kaul allowed the review plea filed by the victim's family on the issue of the sentence awarded to Sidhu.
Barack Obama on Thursday named Mary Schapiro, head of the securities industry's self-regulatory body, as chair of the Securities and Exchange Commission.
'You should always maintain an allocation to gold as it has the ability to counterbalance any correction in the equity market.'
Ambani said, in the telecom space, the focus will be on debt reduction, and the virtual merger did away with the need for major capex and will help towards this
Last month saw DGCX record the highest volumes, as trades in futures contracts across the bourse crossed one million contracts.
All the principal markets, including the Bombay Stock Exchange, the National Stock Exchange, the foreign exchange, money, and commodities marts will remain closed on Thursday, on account of Maharashtra Day holiday.
The decision is a part of a surveillance review.
The Financial Technologies India group has inked a deal to acquire 60 per cent stake in Botswana-based Bourse Africa.
The bullish outlook for gold is seen as a trigger for silver to perform better going ahead.
Christine Lagarde said the prospect of rising interest rates in the US and China's slowdown are contributing to uncertainty and higher market volatility.
Bajaj Finance was the top laggard in the Sensex pack, slumping over 10 per cent, followed by M&M, Titan, Hero MotoCorp, ICICI Bank and Tech Mahindra. On the other hand, L&T, Bharti Airtel, IndusInd Bank, UltraTech Cements and NTPC were among the gainers.
Several markets, including the foreign exchange and all the commodity markets will remain closed on Thursday, March 30, on account of Gudi Padwa.
The turmoil in financial markets seems to be affecting the global expansion plans of Financial Technologies, promoter of top domestic commodity bourse MCX, and trading at its overseas exchange ventures in Singapore, Mauritius and Bahrain may get delayed by about a year.
The bourse had proposed to settle all dues amounting to Rs 5,574.31 crore (Rs 55.74 billion) in 30 weeks, according to a settlement schedule issued by NSEL on August 16.
Several major markets including the Bombay Stock Exchange, the National Stock Exchange, Foreign Exchange and the money market will remain closed on Tuesday, March 2 on account of 'Muharrum'.
