Markets continued to trade on a volatile note in afternoon deals, ahead of the futures and options expiry on Thursday. The Sensex is up32 points at 16,999. Nifty is up five points at 5,146.
BSE Power, Realty, Auto and PSU indices ended almost 1% down
A direction by Chief Justice of India S A Bobde, Justice B R Gavai, and Justice Surya Kant to the Karnataka high court asked the latter to expeditiously settle the matter of assets deposited before it by Mallya for liquidation, and thereby payment to creditors 'preferably not later than three months'. It will be interesting to see the view of the London high court, if the settlement of his dues to Indian creditors is imminent, reports Ashis Ray.
Market regulator Securities and Exchange Board on Tuesday called for reforms in the underlying market and said regular issuance of government bonds across maturities can go a long way in achieving this by way of increasing liquidity.
Market sources said other brokerages are also looking to streamline their business models as market volatility, along with increasing competition, has taken a toll on earning yields.
Future conflict will involve bypassing of frontiers to strike at critical vulnerabilities directly and in the hinterland at the appropriate time, explains Lieutenant General Anil Chait (retd), who served as chief of the Integrated Defence Staff and Central Army Commander.
A salaried individual needs to file returns as a business owner if s/he has a high turnover while trading in stocks or futures & options, reveals Tinesh Bhasin.
'Employees may well be expected to be on call at almost all times -- much like the standard Indian approach to the workday,' points out Mihir S Sharma.
Smaller stocks continue to shine at the bourses. The BSE MidCap index is up 18 per cent since the beginning of January this year against a 5 per cent rise in the Sensex during the period. With the current rally, the mid-cap index has doubled in value since the end of March 2020 against a 70 per cent rally in the Sensex during the period. On Tuesday, the mid-cap index closed at 21,232, as compared to 17,941 at the end of December 2020. In the same period, the benchmark index moved from 47,751 to 50,193.
Stating that open markets mean more opportunities, Modi said during the last six years the government has made many efforts to make the Indian economy more open and reform oriented.
Deven Choksey, managing director of broking firm, K R Choksey Investment Managers shares his concern about 'trading stoppages' with Rediff.com's Prasanna D Zore.
The onus today is on China, but it also requires a little diplomatic finesse from India, backed by a modernised armed force, argues BJP MP Subramanian Swamy in this excerpt from his new book, Himalayan Challenge: India, China And The Quest For Peace.
These funds give the wealthy an option to invest in strategies that other equity products like mutual funds and portfolio management services cannot, says Nishant Agarwal.
EC said as per the Supreme Court, the outer limit for holding fresh polls after dissolution of a house is six months, that is May, 2019.
The broader 50-issue NSE Nifty slipped from its record closing, shedding 2.30 points or 0.02 per cent to end at 11,132.00.
'Transformation of Ukraine into some kind of permanent strategic challenger, which Russia would have to contain and deter, spend a significant part of political and strategic resources on it.'
In a nearly 10-year-old case, Sebi on March 24 had banned Reliance Industries and 12 others from equity derivatives trading for one year, while accusing RIL of making 'unlawful gains'.
The broader NSE Nifty, after cracking the 10,600-mark, ended 82.30 points, or 0.77 per cent, lower at 10,589.10.
A company likes a candidate who can do many jobs and save costs, says Sridhar Ramakrishnan.
'We have to keep that in mind and have plan A B C D because the trust factor with Pakistan or China is very low.'
The Nifty traded in a narrow band (41 points), the index opened flat at 6,116 and touched a high of 6,120 and a low of 6075.
If losses from F&O, intra-day trades are below Rs 20,000-30,000, it's best not to claim them and opt for ITR-2.
Addressing Bharatiya Janata Party leaders and workers on the birth anniversary of party's ideologue Deendayal Upadhyay, Modi asked them to reach out to farmers on the ground and inform them about details and benefits of the new agriculture reforms and how these will empower them.
Market regulator SEBI on Wednesday imposed a penalty of Rs 17.5 lakh on Delhi-based broker Suresh Bharrat for alleged irregularities in trading of scrip of firms like Essar Oil, Suzlon and Tata Consultancy S in the future and options market.
Fund houses have been barred from being net sellers or holding net short positions at the scheme level in commodities.
'By entering at an early age, they stand a better chance of developing into skilled investors.'
Sectorally, metal and banking stocks rallied the most, while FMCG and realty stocks came under selling pressure.
Firms have to adhere to strict compliance requirements mandated by global parents
Prime Minister Narendra Modi on Friday called for developing a template by the Shanghai Cooperation Organisation (SCO) to effectively deal with the challenges of extremism and radicalisation.
The Arab Accord -- essentially bilateral agreements with Israel -- does not mention the Israeli-Palestinian conflict.
Over 10 Indian start-ups with total valuations of $84 billion (some are planning fresh fund-raising) are bracing to launch initial public offerings (IPOs) in the next 36 months. While the size of their IPOs is under discussion, estimates are that they would together raise a minimum of over $8-10 billion during the initial listing.
JLR yet to decide on the exact location.
High regulatory expectations and advent of discount broking have made old-style brokerage businesses unviable.
'It is advisable for Indian interlocutors to follow the Chinese tactic of repeating the Indian position, both for the record and to test the Chinese negotiator's resolve and intentions.' A riveting excerpt from former foreign secretary Vijay Gokhale's The Long Game: How the Chinese Negotiate With India.
The government issued a fresh advisory with a ban on all existing foreign visas, except a few categories like diplomatic and employment, till April 15 in the wake of new positive cases of novel coronavirus in the country.
To participate in an OFS, investors will have to open a trading A/C
The arrival of the Atlantic Hurricane season marks an exciting time for futures and options traders. June 1st is the official start to the season.
Many businesses hire blockchain developers to provide the finest solutions and establish new technologies by utilising their superior expertise.
You have sold shares and made profits but don't know what the tax implications will be? Will your profits attract short-term or long-term capital gains tax? Get Ahead tax expert Mahesh Padmanabhan answered these and many more queries related to the tax issues on capital gains and ESOPs.
