After index play, BSE may look to breathe life into stock derivatives

After index play, BSE may look to breathe life into stock derivatives

After finding its feet in index derivatives, the country’s oldest bourse BSE is gearing up to dip its toes in stock derivatives. “Stock options and futures are very much on our radar,” the bourse’s Managing Director and CEO Sundararaman Ramamurthy told businessline. “But we want to stabilise our Sensex and Bankex derivatives offerings first before […]

Inflation, industrial production data, global trends to drive market trends this week: Analysts

Inflation, industrial production data, global trends to drive market trends this week: Analysts

Stock markets would take cues from the upcoming macroeconomic data announcements and global trends besides keeping a watch on the trading activity of foreign investors, analysts said. The last batch of the ongoing earnings calendar would trigger stock-specific action, traders said. Also read: Index Outlook: Sensex, Nifty 50: Range-bound with a bearish bias “This week, […]

Mcap of 4 most-valued firms jump ₹2.18 lakh crore; LIC, SBI lead gainers

Mcap of 4 most-valued firms jump ₹2.18 lakh crore; LIC, SBI lead gainers

Four of the top-10 most valued firms together added ₹2.18 lakh crore in market valuation last week, with Life Insurance Corporation and State Bank of India emerging as the biggest gainers. Also read: Inflation, industrial production data, global trends to drive market trends this week: Analysts From the top-10 pack, Reliance Industries, Tata Consultancy Services […]

Short seller alleges accounting manipulation by Fairfax

Short seller alleges accounting manipulation by Fairfax

Prem Watsa-backed Fairfax is under rough weather after short-seller hedge fund Muddy Waters Research alleged consistent manipulation of asset values and income by engaging in often value destructive transactions to produce accounting gains. Fairfax, which has invested heavily into India and is one of the contenders for buying a government stake in IDBI Bank, has […]

Crude oil marginally down as Israel intensifies attacks

Crude oil marginally down as Israel intensifies attacks

Crude oil futures traded marginally lower on Friday morning, as Israel attacked the southern city of Rafah, on Thursday, after rejecting the ceasefire offer by Hamas. At 9.52 am on Friday, April Brent oil futures were at $81.59, down by 0.05 per cent and March crude oil futures on WTI (West Texas Intermediate) were at […]

IPO objects for raising fresh capital under SEBI lens

IPO objects for raising fresh capital under SEBI lens

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 […]

Thanks to IT stocks, Sensex, Nifty recover

Thanks to IT stocks, Sensex, Nifty recover

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 […]