The new wing will be known as the corporate finance investigation department, which will be headed by one of Sebi's executive directors. This department will have information technology solutions experts, particularly to detect the menace of frauds.
Investor sentiment got a big push after Brent crude, the international benchmark, dropped below the $73-mark to quote at a seven-month low of $72.65
Besides being young, one might also have to be a professional or self-employed.
Few financial products could match its derivative contracts that always sold at a premium. But the exchange forgot one crucial link: to back its contracts with solid assets.
The NSE Nifty, however, ended a shade higher by 6.65 points or 0.06 per cent at 10,442.20
Parikh was in Omaha for Warren Buffett's Berkshire Hathaway meet
The broader Nifty closed higher by 7.30 points
Funding from banks for capital market players has become highly restrictive with the recent squeeze in liquidity and the interest rates charged have also sharply increased.
The broader NSE Nifty too dived by 131.70 points, or 1.24 per cent, to close at 10,453.05.
Firms have to adhere to strict compliance requirements mandated by global parents
A handful of brokers upgraded their views on IT outsourcer Infosys Ltd after better-than-expected earnings on Friday spurred a nearly 17 percent rally in its shares, although some company watchers remain unconvinced it has turned the corner after a string of disappointing quarters.
Monday saw the Sensex post its weakest closing since July 11 when it settled at 36,265.93. In the previous four sessions the index had lost 1,249.04 points.
'My father was asking me what an IPO is. He has no clue and he has never been an investor.' 'My mother, who was the one to ring the bell, has been an investor in Policybazaar for the past 6-7 years and I would say she has made good returns.'
It is important to know the company you are putting money in. And it isn't difficult either.
Friendships are not merely severed, but built over scuffles. And just about anything can stir things up -- a long-standing feud, a pointless stare, a disrupted moral stance, a fist that ricochets off a face and smacks another face in the near vicinity, observes Sreehari Nair.
Wipro, India's third largest information technology (IT) services company, is expected to continue with its strong show during the October-December quarter of financial year 2014.
Investors will get the money directly in their demat accounts or through their brokers. They won't get physical delivery any more.
The broader NSE Nifty cracked below the key 10,400-mark to touch a low of 10,336.30, before finally ending 15.95 points, or 0.15 per cent, down at 10,410.90.
The broader NSE Nifty managed to end higher for the second day at 10,426.85, up by 5.45 points or 0.05 per cent after shuttling between 10,478.60 and 10,377.85, intra-day.
The proposed move, which would come into force from December 24, follows market regulator Sebi's directives regarding pre-trade controls that where necessitate after 900 points flash crash in benchmark Nifty due to erroneous trade.
Within a day of announcing advancement of opening to 0900 hours from December 18, NSE along with India's oldest stock exchange BSE deferred implementation of the proposal to January 4 to give more time to the brokerages to align their operations.
On a weekly basis, the Sensex scored a moderate gain of 76.57 points, or 0.22 per cent while the Nifty rose 8.75 points, or 0.08 per cent.
A day before the Reserve Bank's quarterly review tomorrow, the Bombay Stock Exchange benchmark Sensex today closed higher by a marginal 74 points even as brokers and fund operators maintained a low profile.
At the Interbank Foreign Exchange market, the domestic unit resumed lower at 54.42 a dollar from last weekend's close of 54.28 and declined further to a low of 54.52 on initial hesitancy in share markets and dollar demand from importers, mainly oil refiners, and some banks.
In a key change in its stance, the Securities and Exchange Board of India said it is keeping its options open on banning short sales, which a section of brokers believes are responsible for the collapsing stock market. The benchmark Bombay Stock Exchange Sensex fell below 10,000 Friday, the first time since July 2006.
Losses largely came from the metal index, followed by power, infrastructure, realty, PSU, oil and gas, capital goods, FMCG, healthcare, auto and banking.
Sensex crosses 19,000-mark for the first time since October 5.
An appreciating rupee, sustained buying by domestic institutional investors, fresh foreign capital inflows and encouraging start to the earnings season contributed to the uptrend
India's real estate industry staged a rebound from 2020's downturn, with housing sales seen rising by over 50 per cent. The performance, though short of pre-COVID levels, has property developers hoping for stronger gains in the New Year and the beginning of a long upcycle. A strong foundation has been laid this year for revival in the Indian real estate sector, which is projected to reach $1 trillion mark by 2030 from $200 billion in the pre-pandemic year.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
While Airtel has hiked the limit to 100 per cent in principle, the company needs to address some issues on overseas investment limits in subsidiaries, before the changes come into effect. Until then, the cap on foreign ownership will remain at 49 per cent under the automatic route.
The NSE Nifty closed lower by 44.55 points, or 0.39 per cent, at 11,234.35. Intra-day, it shuttled between 11,332.05 and 11,210.90.
This is its biggest single session gain since April 5, when it had surged 577.73 points.
The move comes after CBI gets sanction to prosecute him in Aircel-Maxis case
Brokers said a weak trend in euro in overseas markets also dampened the rupee sentiment against the US dollar.
The Bombay Stock Exchange (BSE) is looking at picking up stakes in regional exchanges, which have to demutualise by August-September 2007.
A common factor that binds all these men is greed.
Operators of such trading rings allow people to trade in equities outside the stock exchange platform.