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The Securities and Exchange Board of India (SEBI) on Thursday asked 15 guest experts including Nirmal Kumar Soni, Partha Sarathi Dhar, Simi Bhaumik, Mudit Goyal, Himanshu Gupta, Ashish Kelkar and Kiran Jadhav, appearing on the Zee Business news channel to pay ₹7.41 crore for the “unlawful gains” that they made by taking opposite positions in […]

After having gained about 80 per cent year-on-year, turmeric prices will likely rise further on lower production as a result of the sowing of the crop dropping by at least 20 per cent this year, say traders and analysts. “Overall, prices are higher compared with the same period last year due to lower acreage. Prices […]

The Securities and Exchange Board of India (SEBI) has tightened its scrutiny on the objectives for raising fresh capital through initial public offerings (IPOs), said two people in the know. The regulator has expressed its displeasure over companies opting to raise money largely for debt repayment and is asking for more disclosures. ‘Need clarification’ “SEBI […]

Benchmarks BSE Sensex and NSE Nifty advanced on buying in IT stocks and expectations of a status-quo in the policy rates of the Reserve Bank of India (RBI) which is set to announce its revised monetary policy on Thursday. Besides positive global cues, investors’ interest in oil as gas stocks helped the indices. Also read:Broker’s […]

The NSE Nifty was up by 0.39 per cent or 85.80 points to 21,860.65 points, while the BSE Sensex was at 72,000.09, up by 0.37 per cent or 268.67 points. A total of 3,193 stocks were actively traded, with 2,144 advancing, while 951 declined and 98 stocks remained unchanged, with 242 stocks hitting a 52-week […]

Capital market regulator SEBI will soon widen the ambit of large, mid and small cap stocks based on their market capitalistion after the dizzying rally in equity markets last year. Mutual funds have moved SEBI to enhance the large-cap classification from top-100 companies in terms of market capitalisation to 125. Subsequently, mid-cap will now be […]

India’s primary market continues to be red hot, with four mainboard initial public offerings (IPOs) and one small and medium enterprise (SME) platform-related offering set to hit the market this week to mop up about ₹2,700 crore. Also read: Apeejay Surrendra Park Hotels raises impressive ₹409 crore in anchor round before IPO While the mainboard […]

The combined market valuation of eight of the top-10 most valued firms climbed ₹2.90 lakh crore last week, with Reliance Industries emerging as the lead gainer, amid optimism in equities. Last week, BSE benchmark Sensex jumped 1,384.96 points or 1.95 per cent. From the top-10 pack, Reliance Industries, Tata Consultancy Services, HDFC Bank, ICICI Bank, […]

The week gone by had it all. Resurfacing jitters of regional banking crisis in the US resulted in bond yields collapsing significantly in early part of the week. Then, a hawkish Fed pushing back expectations of interest rate cuts last Thursday, was followed by a significantly hotter-than-expected US monthly jobs report that resulted in yields […]

Morgan Stanley Asia (Singapore) bought 50,00,000 shares of One 97 Communications, Paytm’s parent company, for ₹487.2 apiece in a bulk deal amounting to about ₹244 crore. The transaction was executed towards the end of market close on Friday, according to a source. One 97 Communications remained locked in a lower circuit for the second consecutive […]