Shares of brokerage-related companies nosedived 18 per cent on Sunday after Finance Minister Nirmala Sitharaman proposed raising securities transaction tax on commodity futures to 0.05 per cent from 0.02 per cent in the Union Budget 2026-27.
Leading stock exchange BSE on Monday cautioned investors to remain vigilant against deepfake video of its CEO giving stock recommendations and investment advice on social media platforms. The exchange emphasised that the video is unauthorised and fraudulent, and its officials are not permitted to provide any stock tips.
Shares of ITC Hotels Ltd, the demerged hotels business of FMCG conglomerate ITC Ltd, listed on the stock exchanges on Wednesday. The stock listed at Rs 188 on the BSE, while on the NSE it began the trade at Rs 180. Later the stock declined 5 per cent to Rs 178.60 on the BSE.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
He is appointed as a public interest director.
Ashishkumar Chauhan says that the exchange is seeking a valuation of about $1 billion.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Sebi has asked clearing houses to establish separate funds for all segments of the market including equity, debt and currency.
'Initially, Gift City was just another real estate project, but all that changed with Modi moving to New Delhi,' notes Tamal Bandyopadhyay.
The Gujarat International Finance Tech-City, or Gift City, is expected to be spread over 886 acres and will have a special economic zone on 261 acres.
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.
Poor disclosure among India-listed firms is a turnoff for foreign investors.
The funds, some of which have invested in the NSE for almost a decade, want the exchange to list as soon as possible so that they can exit and pay back investors in their funds
The exchange moved through many ups and downs through the years.