India plans to launch trading of government bond futures within the next two months as part of efforts to deepen its financial markets, according to several sources involved in the discussions with the central bank.
Wipro, HCL in race for Sebi's fraud detection system upgrade,
Economic Offences wing of Mumbai Police, which is probing the case, told the court that the investigating agency intended to file chargesheet against Shah and others on or before August 4.
Trading activities of 26 entities, including Gitanjali Gems promoter Mehul Choksi and firms linked to Prime Broking, were suspended on Thursday by market regulator Sebi and the bourses, as part of a probe into suspected market manipulations.
The broader consensus was that the Fed would cut the monthly stimulus of $85 billion by $10-15 billion.
I-T dept investigating black money angle; FM hints against bailout for bourse's investors.
The Sebi Act deals with securities and the definition of securities, according to the Securities Contracts Act, doesn't include commodities.
'It is not impossible that there will be some arrangement with the Congress in West Bengal after the ongoing local body polls.'
Markets ended tad lower with financials declining the most ahead of RBI policy review tomorrow.
Jeweller and importers were awaiting the correction to stock the yellow metal for upcoming marriage season.
Stellar rally in ITC shares along with strength in the Asian equities capped the downside.
'India Inc has been afraid to criticise the government of the day for many years now, and it is perhaps unfair to blame the current one alone,' says Shyamal Majumdar.
The duo bought additional shares in pharmaceutical companies Lupin and Jubilant Life Sciences, along with Agro Tech Foods and NCC during Q2FY21
Treat silver as part of the procyclical or growth assets in your portfolio, advises Sanjay Kumar Singh.
They induced HNIs to trade on spot market commodity exchange with promise of high returns.
Mandatory hallmarking of gold would be a positive in making the gold market more organised. Mandatory hallmarking would come into effect from January 15, 2020, with a one-year transition period for trade to sell existing inventories. Experts also expect more policy measures next year to bring in more transparency in terms of gold as an asset class.
The Sensex ended up 48 points at 28,386 and the Nifty gained 13 points to close at 8,476.
The FT stock took a beating, losing 80 per cent in two sessions before recovering. Though in an exchange announcement following the government's missive on July 12, FT identified NSEL as a material subsidiary, rumour mills contemplated two possible transactions: a sale between May 30 and June 30 which had led to the subsidiary becoming an associate and another transaction between June 30 and July 15 when the associate again became a subsidiary.
Investor forum wants govt to take over exchange, raises doubts on claims of matching stocks; NSEL says default by brokers to be dealt with legally.
Jewellery stores remained deserted as buyers deferred their non-essential purchases awaiting softness in gold prices.
Wonderla's Rs 180-crore ( Rs 1.80 billion) offering had seen demand to the tune of Rs 6,000 crore ( Rs 60 billion).
IBM, HP and HCL, have evinced interest in Sebi's proposal to upgrade toolsused for detecting frauds.
Dabba trades also allow investors to avoid SEBI registration requirements or the margin requirements set by exchanges.
Department seeks investor database on the suspicion of fictitious investors.
The stock exchange does not store and display the numbers of investors. That would be like a bank publishing the details of its customers for everyone to see.
Weakness in Infosys, L&T and Hindalco cap index gains.
Benchmark indices finished higher on hopes of economic reforms
Few top honchos of India Inc did very well in 2014.
Markets surged in late trades to snap five-day losing streak led by bank shares.