Introduction: The Fed Cuts Rates After Fourteen Months of Pause After weeks of speculation, the Federal Open Market Committee (FOMC) of the US Federal Reserve has initiated a new monetary easing cycle with a 50 basis points (bps) cut, bringing the federal funds rate range to 4.75%-5.00%. This marks the first rate cut since March …
The Nifty Financial Services Index reached a fresh record high on Wednesday, moving in tandem with the Nifty50 index. This index is designed to reflect the performance of the Indian financial market, comprising sectors like banks, financial institutions, housing finance companies, insurance firms, and other financial services providers. With 20 stocks listed on the National …
India Surpasses China in MSCI Emerging Market Index India has officially taken the lead in the MSCI Emerging Market Index, surpassing China to become the largest emerging market per the MSCI Investable Market Index (IMI) criteria, which includes large, mid, and small-cap stocks. This shift marks a significant milestone, reflecting India’s rising influence in global …
Windfall Tax on Crude Oil Slashed to Zero The Indian government announced a significant change in its taxation policy on Tuesday, slashing the windfall tax on domestically produced crude oil to ‘nil’ per tonne effective September 18. This tax, officially known as the Special Additional Excise Duty (SAED), is reviewed and adjusted fortnightly based on …
The Securities and Exchange Board of India (SEBI) has introduced a new framework to expedite the trading of bonus shares. Effective October 1, 2024, bonus shares will be available for trading within two days of the record date (T+2), significantly reducing the previous waiting period. Previously, the lag between the record date and the crediting …
The Nifty 50 index has delivered a total return of over 32% in one year and 18.9% over five years. The Nifty Midcap 150 Index has gained over 50% in the past year (5-year CAGR – 37%), while the Nifty Smallcap 100 Index has provided nearly 59% returns in the last year. Valuations of many …
SEBI has recently implemented several key regulations to enhance investor protection and market integrity in India. These measures address various aspects of the financial markets, including charge structures, denomination requirements, broker mechanisms, and oversight of rating agencies. Uniform Charge Structures for Market Infrastructure Institutions (MIIs): SEBI has mandated that MIIs, such as stock exchanges, clearing …
The Securities and Exchange Board of India (SEBI) has given its nod to a significant amendment in the National Stock Exchange (NSE)’s memorandum of association. The move, which allows a 10-fold increase in the bourse’s authorised share capital to ₹500 crore, paves the way for its long-awaited bonus issue and potential public offering. NSE’s proposed …
The Securities and Exchange Board of India (SEBI), yesterday, introduced new regulations to make margin trading more accessible. The key change permits securities funded through cash collateral to be considered as part of the maintenance margin for margin trading facilities (MTF). This decision comes as a response to requests from market participants, particularly through the …
Introduction: A New Thematic Index on the Block The NSE Indices Limited, a subsidiary of the National Stock Exchange (NSE), has recently launched the Nifty Capital Markets Index, a thematic index aimed at capturing the performance of stocks within the capital markets ecosystem. This index, launched on September 9, 2024, is set to revolutionize the …
