Bank Nifty Weekly Expiry Says Goodbye: What This Means for Investors On October 10, 2024, the Securities and Exchange Board of India (SEBI) announced a pivotal change in the derivatives market: the cessation of weekly index options for several indices, including Bank Nifty, effective November 20, 2024. This decision, aimed at strengthening market stability and …
How U.S. Inflation and Fed Rate Cuts Could Shape the Indian Market in 2024 In October 2024, the U.S. inflation rate held steady, with the Consumer Price Index (CPI) rising by 0.2% for the fourth month in a row. This steady inflation aligns with market expectations and hints that the Federal Reserve may continue its …
The Securities and Exchange Board of India (SEBI), the country’s capital market regulator, has unveiled new proposals aimed at streamlining the operations and compliance burdens for custodians. These custodians are entities responsible for managing assets on behalf of foreign portfolio investors (FPIs). The proposed measures are designed to enhance operational efficiency and align with evolving …
The Securities and Exchange Board of India (SEBI), the country’s capital market regulator, is considering a series of reforms to expand the scope of investors in angel funds. These reforms may include allowing Hindu Undivided Families (HUFs), family trusts, sole proprietorships, and other entities to invest in angel funds. What Are Angel Funds? Angel funds …
NSE’s Strategic Expansion: 45 New Stocks in F&O Segment The National Stock Exchange (NSE) of India announced on November 13, 2024, the inclusion of futures and options (F&O) contracts for 45 additional stocks, effective from November 29, 2024. This expansion significantly broadens the scope for traders and investors by incorporating high-demand companies such as Life …
On November 14, 2024, Brent oil futures expiring in January fell 0.3% to $72.23 a barrel while West Texas Intermediate crude futures fell 0.45% to $68.16 a barrel. Meanwhile, the U.S. Dollar index traded 0.21% higher at 106.70. Key Reasons For Fall in Oil Prices US Energy Information Administration (EIA) Forecast The US Energy Information …
Investors and traders in India will have a long weekend as the stock market will be closed on Friday, November 15, 2024, for Guru Nanak Jayanti. The market will also be closed on Weekend (Saturday and Sunday) for the routine weekend break, reopening on Monday, November 18, 2024. This marks a 3-day holiday for market …
On November 13, 2024, The capital market regulator, the Securities and Exchange Board of India (SEBI) proposed that all SEBI-regulated entities using artificial Intelligence (AI) must be fully responsible for all outcomes of its use, regardless of the extent of the AI usage. SEBI Enhancing Investor Protection Lately, the use of AI/ML systems and tools …
The Adani Group, one of India’s leading conglomerates, is expanding its footprint in the metals industry with a bold $5 billion investment plan. This significant move into aluminium, steel, and copper production aims to leverage synergies with Adani’s existing infrastructure, energy, and logistics operations. This move is expected to boost India’s infrastructure capacity, reduce energy …
On Thursday, November 14, 2024, the benchmark indices Sensex and Nifty 50 are expected to open on a cautious note followed by mixed performance from global markets and a rise in US dollar index. At 08:07 AM, Gift Nifty was trading down by 0.18% at 23,629. Previous Trading Session On November 13, 2024, the Sensex …
