According to the Sebi circular, commodities that require price control measures will be less conducive for the derivatives market.
Bids for the issue, which opens on January 23 and closes on January 25, can be made for a minimum of 18 shares and in multiples of 18 thereafter.
The shares - close to 30% of the total holding - are expected to list on rival National Stock Exchange on or around February 3.
Brokerages put sell notice on Vedanta shares over the company's move to buy Volcan Investments' stake in Anglo American via subsidiary Cairn India Holdings, reports Aditi Divekar.
According to technical analysts, the Nifty could trade in the range between 7,400 and 7,700.
Nikunj Saraf, Vice President Choice Wealth, answers your queries.
India's rupee is likely to remain under pressure due to high prices of crude oil and other commodities, and may stabilise at around 79-80 against the US dollar in the near term, say experts amid limited headroom available with the Reserve Bank to check the weakening of the domestic currency. The currency has slumped over 5 per cent this year after Russia's invasion of Ukraine sent international crude oil prices soaring to a decade high. On Monday, rupee ended at a fresh all-time low of 78.34 (provisional) against the US dollar.
The share of public sector undertakings (PSUs) in the total market capitalisation of listed companies--at an all-time low of 10 per cent currently --- may get a leg-up from the government's divestment push. Recently the government announced the successful sale of national carrier Air India to Tata Sons, India's first privatisation of a PSU since 2002-03. The transaction is expected to be completed by December.
While the Budget might have been a sentiment booster for the sector, firms with market dominance emerge as favourites.
Volatility might continue as the Chinese market is expected to open sharply lower, following a long break
Omkeshwar Singh, head, Rank MF, a mutual fund investment platform, answers your queries.
Loan defaults and restructuring to limit profits.
'Experts are not ruling out further pain as global factors cannot insulate India from the aftermath.'
Small stocks made a dashing comeback in 2020 after delivering negative returns in the last two years as increased retail investor participation in pandemic times saw small-cap index surging up to 31 per cent and outperforming the bigger benchmark gauge. This year turned out to be eventful for the equity market, witnessing bearish and bullish sentiments at different points of time. While the initial part of COVID-ravaged 2020 saw the bears in full force amid concerns related to the pandemic and lockdowns hurting economic activities, bulls made a comeback towards the latter half of the year. As the market swayed with many lows as well as highs, small and mid-cap indices emerged as markets favourites in 2020.
Mukesh Ambani, who took over the reins of Reliance Industries Ltd (RIL) after the sudden demise of his legendary industrialist father Dhirubhai Ambani, completes 20 years at the helm during which the company saw a 17-fold jump in revenues, 20-times surge in profit and has become a global conglomerate.
The reason is believed to be a 19% increase in interest cost.
Omkeshwar Singh, head, Rank MF, a mutual fund investment platform, answers your queries.
Consensus continues to be cautious with analysts pointing towards tougher days ahead
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
Maruti is expected to post double-digit growth on product launches and good demand for entry-level cars.
Omkeshwar Singh, head, Rank MF, a mutual fund investment platform, answers your queries.
Gold, which lost its sheen to some extent in the second half of 2021, is likely to regain the glitter in the New Year and cross the Rs 55,000-per-10-grams level amid pandemic woes, inflation worries and stronger US dollar. After a stellar run up in 2020 when the yellow metal touched a record high of Rs 56,200 on the MCX in August, the prices are near Rs 48,000 per 10 grams now. This is roughly 14 per cent lower from the all-time highs and 4 per cent lesser compared to January 2021 levels.
Despite high exposure of public sector banks to power, iron and steel sectors, analysts remain in a wait-and-watch mode.
BSE, the oldest stock exchange in Asia, aims to raise up to Rs 1,243 crore from the IPO, which has a price band of Rs 805-806 per share.
Omkeshwar Singh, head, Rank MF, a mutual fund investment platform, answers your queries.
Companies in the small-cap universe are having a dream run - the Nifty Smallcap 100 index has shot up more than 25 per cent on a year-to-date basis, even as the benchmark Nifty is up 7 per cent. This is the best start for the index since 2017 when the Nifty Smallcap 100 index surged 32.3 per cent between January 1 and May 10. However, in terms of outperformance to the Nifty, this year's performance is the best in more than a decade. A combination of sectoral tailwinds and lack of institutional selling pressure has helped small companies escape from the correction triggered by the second wave of Covid-19.
Tata Motors was the top gainer on better-than-expected June quarter revenues
As share of cash volumes in trading mix sees decline, it will result in moderation of profitability from core broking operations.
June was a memorable month for the 101-year-old Tamilnad Mercantile Bank (TMB). Last month, the Thoothukudi-based bank witnessed two new landmarks in a history in which the last three decades could easily qualify for a Kollywood blockbuster.
According to experts, the Nifty has continued to form lower top-lower bottom formations, a trend seen in the last five weeks, and witnessed sharp selling towards 9,700 zones.
'The levy proposed to be charged on air tickets for regional connectivity fund would marginally increase cost.'
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
As many as eight companies have completed their share buyback plans in the first quarter of 2014-15, purchasing stocks worth nearly Rs 222 crore (Rs 2.22 billion) which is 75 per cent of the collective target.
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
FPIs sold shares worth a net Rs 1236.95 crore on Friday.
While some companies, such as HSBC, have closed retail operations, big players such as India Infoline is scaling down.
Top firms will have enough firepower to go for foreign M&As, given their balance sheet growth, say bankers.
To be able to tide over the current crisis, automobile manufacturers have waged a war against all cost heads.
Market cap touches Rs 5 lakh crore; earnings growth to spurt in FY19