While we are discussing the Future Contracts, it is important to understand that the Future Contracts as the name suggests – are for future date and time. However, the futures price mimics the cash price of the stock, commonly known as the spot price. Before we get into those details, let’s first get into the …
Indian financial markets have evolved notably over the past three decades. From the ring based Trading, T+14 (with Delivery of shares taking 14 days after trade) settlement and only physical shares, today we have screen based Trading, With T+2 settlement and almost all De-mat shares. Along with this came new financial products as well and …
An Overview The Securities and Exchange Board of India (SEBI) has set up an IT Projects Advisory Committee to advise the market regulator on projects involving sophisticated technologies such as artificial intelligence, machine learning, data analytics, and cloud computing. According to an update available with the regulator, the seven-member team, led by Abhay Karandikar, a …
An Overview Housing Development Finance Corp. (HDFC) declared a standalone net profit of Rs 3,780 crore for the quarter ended September 30, 2021, on Monday (Q2FY22). This represents a 32% increase over the same period last year, when dividend income was Rs 2,870 crore. On the NSE, HDFC shares were up about 2% at Rs …
The value of Foreign Portfolio Investor (FPI) holdings in India’s NSE stocks exceeded Rs 50 lakh crore as of September 30, according to data from a new study. According to the study, the value of FPI holding touched an unprecedented peak of Rs 54.69 lakh crore as of the end of September. This marks a little …
Shares of IRCTC fell by 25% to 685.35 when the stock market opened on 29 October 2021. Resultantly, the company lost nearly Rs. 18,000 crores of market cap overnight, just in a flash. What led to this fall in shares? Let us find out. Why Did IRCTC’s Shares Drop During Early Trade? Shares of IRCTC …
Capital markets regulator SEBI has issued fresh guidelines pertaining to investment norms for the workforce, trustees and board members of mutual fund and asset management companies (AMCs). The guidelines include the creation of a new category of ‘access persons’ for which these rules apply. Accordingly, SEBI has imposed curbs on trading by the staff, trustees …
Equity benchmark index Sensex crashed below 1,159 points on Thursday, 28 October 2021, following a strong selling by foreign funds combined with offloading by a few non-institutional investors. Resultantly, traders fear that the flooding of IPOs in the coming weeks will prompt people to withdraw their money from listed stocks and invest in the initial …
There’s been some good news on the stock exchange lately, just before the weekly options and monthly derivatives expiry. Sensex went up 185 points to 61,535. Meanwhile, NSE Nifty gained 62 points and stayed static at 18,330 points. Let’s take a look at the big gainers and losers in the trade. The Big Three Winners …
An Overview Foreign portfolio investors (FPIs) have been net sellers in the Indian market this month, withdrawing Rs 3,825 crore. FPIs had Rs 13,363 crore in September and Rs 14,376.2 crore in August, indicating massive buying in the debt market over the last two months. FPIs have withdrawn Rs 1,494 crore so far in October, …
