Why Sebi’s latest accounting diktat has sparked an uproar

Why Sebi’s latest accounting diktat has sparked an uproar

Investment banks and auditors have asked the markets regulator to relax a recent advisory that requires IPO-bound companies to re-audit financial statements that were not prepared under the latest Indian Accounting Standard (Ind AS). According to three investment bankers, the Securities and Exchange Board of India’s (Sebi’s) move will impact smaller companies that have not […]

Stock Market Live Updates: Sensex, Nifty at day’s low; auto, PSU bank indices rally; Sapphire Foods IPO retail portion fully booked – The Economic Times

Stock Market Live Updates: Sensex, Nifty at day’s low; auto, PSU bank indices rally; Sapphire Foods IPO retail portion fully booked – The Economic Times

Domestic stocks traded on a muted note. Buying momentum in select pockets such as ICICI Bank, L&T and Bajaj Finance was overshadowed by selling in shares of the HDFC twins, Infosys and Kotak Mahindra Bank, among others. Cues from Asia were largely mixed. Even as US stocks closed at record highs overnight, the gains were […]

Anil Singhvi’s Strategy November 8: Day support zone on Nifty is 17,800-17,850 & Bank Nifty is 39,300-39,400

Anil Singhvi’s Strategy November 8: Day support zone on Nifty is 17,800-17,850 & Bank Nifty is 39,300-39,400

Amid positive global markets, sentiment, neutral foreign institutional investors (FIIs), domestic institutional investors (DIIs) and future & options (F&O) cues, the short-term trend of the Indian stock markets will be neutral on Monday, November 8, 2021.  See Zee Business Live TV Streaming Below: The domestic benchmarks started the Hindu Samvat year 2078 on a positive […]

These midcap stocks are Motilal Oswal’s top picks

These midcap stocks are Motilal Oswal’s top picks

Nifty continued to reach new highs in October with the index up 26% this year so far. Midcaps too outperformed and contributed to the gains significantly in the recent bull market rally. The increase in volatility was on the back of weak global cues, stretched valuations, and FIIs turning net sellers, said Motilal Oswal. Among […]

Paytm may consider Bitcoin offerings if India legalises crypto: Report

Paytm may consider Bitcoin offerings if India legalises crypto: Report

Paytm, India’s digital payments pioneer, would consider bitcoin offerings if the nation’s authorities removed regulatory uncertainty surrounding the adoption of crypto currencies. The rules around these assets remain in a “grey area,” Chief Financial Officer Madhur Deora said in an interview to Bloomberg TV’s Haslinda Amin and Rishaad Salamat on Thursday. […]