Sebi has restrained Global Infratech and Finance Ltd, its directors and 12 other individuals from the securities market for their roles in a fraudulent scheme of trading in firm's shares
After surging to its new all-time high of 53,290.81 in early trading, the Sensex ended 18.79 points, or 0.04 per cent, lower at 53,140.06
Equity gauges Sensex and Nifty firmed up gains on Wednesday as a result of intense buying mainly in IT shares amid expectations of robust quarterly earnings and favourable economic data. At close, the BSE Sensex quoted 134.32 points or 0.25 per cent higher at 52,904.05 recovering from its early losses to mark its second straight session of gains. Likewise, the broader NSE Nifty advanced 41.60 points or 0.26 per cent to end at 15,853.95 the third straight session of gains for the index. On the Sensex chart, top three performers were IT firms, with Tech Mahindra gaining the most by rising 2.69 per cent, followed by HCL Tech and Infosys. Other notable winners were L&T, Tata Steel, ITC and TCS. On the other hand, Maruti, HUL, Nestle India, Dr Reddy's and Reliance were among the laggards. Sectorally, BSE IT, teck, capital goods, healthcare, and metal indices ended up to 2.25 per cent higher, while realty, oil and gas, energy and auto indices closed in the red. Broader midcap and ...
Propelled by this, the BSE SmallCap index hit a new high of 26,168 in the intraday trade on Monday, but closed at 26,068.
Banking, finance and IT counters accounted for most of the losses, while strong demand for metal stocks cushioned the fall
Meanwhile, the average daily trading turnover (ADTV) in the option segment rose six per cent month-on-month
There are numerous listed companies which have listed subsidiaries engaged in the same line of business, and equity shares of both entities are actively traded on stock exchanges
Fine kicks in if there is delay in submission or incomplete submission of root cause analysis (RCA) report within 21 days of the incident
A surging rupee, which snapped its four-day losing streak, also boosted the bulls, traders said
Investors can bid for 16 shares and multiples thereof. IPO is an offer for sure, company could raise to Rs 1,546 cr at the upper end of the price band
Separate listing could capture strong growth rates which is not the case in the current structure
On a closing basis, the bank's market cap was Rs 51,887 crore at the end of trading on Friday, surpassing its peers Punjab National Bank (PNB) and Bank of Baroda (BOB)
The 30-share BSE Sensex ended 164.11 points or 0.31 per cent lower at 52,318.60. Similarly, the broader NSE Nifty shed 41.50 points or 0.26 per cent to close at 15,680
The mid and small cap indices, which lagged large caps until early 2020, have covered lost ground, gaining 73% and 104%, respectively, in the past one year
Capital markets regulator Sebi imposed a total fine of Rs 29 lakh on four entities for fraudulent and manipulative trading in illiquid stock options segment on the BSE
Embassy Office Parks said on Wednesday that trading lot size for Embassy REIT units on stock exchanges will be reduced to one unit from the current trading lot size of 200 units
It's a sign that the market has become overheated, say experts
With the markets trading at above fair valuations, investors should eschew risky bets
Global equities marched higher after US senators agreed on a bipartisan infrastructure deal, with investors wagering on more stimulus measures in the coming months