With equity and commodity exchanges allowed to enter each other's areas from October, brokerages are pump-priming their businesses to allow their clients seamless trading in commodities and equities.
On the occasion of the National Stock Exchange's (NSE's) silver jubilee celebration, its MD and CEO Vikram Limaye, bottom, left, spoke to Somesh Jha to discuss the way forward and how the exchange plans to deal with the present set of issues.
Government needs to rationalise taxation policies to promote investments through stock markets, says BSE chief.
Tax planning should not be left for March. If you do so, you could face a severe cash crunch in that month, warns Sanjay Kumar Singh.
'Over the next two quarters, markets will be guided by observing the earnings resilience of corporates during the second lockdown, progress of the monsoon and the damage, if any, to rural spending power due to the second wave.'
NTPC was the biggest loser in the Sensex pack, tumbling 2.25 per cent, followed by Tata Motors, Bharti Airtel, PowerGrid, HDFC, Reliance Industries, Hero MotoCorp and M&M that shed up to 1.85 per cent.
Tata Motors was the biggest loser in the Sensex pack, cracking 4.56 per cent. Bajaj Finance, RIL, Yes Bank, NTPC and Tata Steel too fell up to 3.95 per cent.
Covering-up of short positions ahead of Thursday's expiry of August series in the derivatives segment gave equities a slight push
Investments through the instrument rose to a six-month high of $27 billion in September.
Pitching for a slew of reforms in the Indian capital markets, leading bourse BSE has suggested the government bring in a new transaction taxation structure and besides seeking tax pass through status for Infrastructure Investment Trusts (InvITs).
According to the latest data released by the Securities and Exchange Board of India (Sebi), the cumulative value of P-Note investments in Indian markets (equity, debt and derivatives) was at Rs 1,47,905 crore (Rs 1,479.05 billion) at the end of March, 2013.
The Sensex posted its biggest single-day jump in over a decade at 1,921 points and investors' wealth soared by a staggering Rs 6.8 lakh crore after Finance Minister Nirmala Sitharaman delivered a surprise cut in corporate tax rates on Friday.
Driven by high trading volumes for equities and good presence of global banking and financial services firms, Mumbai has grabbed a place in the world's top ten financial flow hubs list, beating Hong Kong and Beijing in China.
Indian investors wanting to participate in the economic growth of countries like Brazil Russia, China and South Africa can now do so with ease.
MCX-SX is currently present only in currency derivatives segment, with about 750 members.
Thanks to the ban on four commodities, trading volumes are down to a trickle.
Standard and Poor's has launched two new investable Shariah indices for the Indian equities market.
Sensex falls at close; metals, banks perform well.
The General Anti-Avoidance Rule (GAAR) may have been deferred for a year but many foreign institutional investors (FIIs) do not want to take chances. They are shifting their trading positions to Singapore, where derivatives of India's key equity index, the Nifty, are listed.
L&T was the top loser in the Sensex pack, dropping 4.99 per cent, after the engineering major posted a 45 per cent decline in consolidated net profit for the September quarter. Titan, ONGC, Axis Bank, HUL, NTPC, M&M and HDFC were the other major laggards, shedding up to 3.32 per cent. NSE Nifty fell 58.80 points or 0.50 per cent to 11,670.80.
Arbitrage schemes can give investors better post-tax returns than debt funds.
'The ability to tailor schemes to market conditions and invest in unlisted equity and real estate, as well as commodities, makes Alternative Investment Funds a sought after platform.'
The social impact of this could be worse as 300 million subscribers may face the annoyance of network shutdown and churn.
Stock exchanges would have to provide a platform to stock brokers to upload the details of their clients.
Vedanta was the biggest gainer in the Sensex pack, rising 4.40 per cent. PowerGrid, Sun Pharma, Yes Bank, Tata Steel, HDFC Bank, Bajaj Finance, ICICI Bank and Bajaj Auto too ended up to 4.12 per cent higher.
IndusInd Bank was the top gainer in the Sensex pack, rallying up to 46 per cent. Other winners were Bharti Airtel, L&T, Bajaj Finance, Kotak Mahindra, Bajaj Auto, HUL and HDFC -- rising up to 10 per cent. On the other hand, Maruti Suzuki, Tech Mahindra, Sun Pharma and Reliance Industries closed with losses. NSE Nifty finished 323.60 points, or 3.89 per cent, up at 8,641.45.
You can look at equity-oriented balanced funds.
According to the latest data released by the Securities and Exchange Board of India, the total value of P-Note investments in Indian markets (equity, debt and derivatives) rose to Rs 1,72,738 crore (Rs 1,727.38 billion) at the end of February from Rs 1,63,348 crore (Rs 1,633.48 billion) in the preceding month.
... As the world swings from 'financialisation' to 'artificial intelligence', asks Ajit Balakrishnan.
Retail investors will soon have to obtain a net worth certificate from a chartered accountant and submit it to their broker, and their trading limits will be decided accordingly.
Only a small percentage of investors in our country are invested in equity and equity-related funds at any given point in time.
Tinesh Bhasin explains the pros and cons of trading in gold 'options', which were introduced in India this Dhanteras
Do it if you are sure of generating sufficient trading volumes.
According to the latest data released by market regulator Sebi, the total value of P-Notes investment in Indian markets (equity, debt and derivatives) declined to Rs 1,63,348 crore (Rs 1,633.48 billion) at the end of January from Rs 1,67,566 crore (Rs 1,675.66 billion) in the preceding month.
The departing directors had criticised the club's handling of a social media scandal and expressed doubts about the board's ability to handle the implications of the COVID-19 pandemic, which has led to a 70% players' pay cut.
Sebi is looking at further tightening the norms for P-Notes to address concerns raised by the Special Investigation Team on black money.