The Securities and Exchange Board of India (SEBI) has introduced a new listing timeline for debt securities, including non-convertible debentures and non-convertible redeemable preference shares, to enhance market efficiency and expedite the listing process. SEBI Shortens Listing Timeline SEBI announced that the listing of these debt securities must now occur within T+3 working days, a …
The Securities and Exchange Board of India (SEBI) has proposed new measures to restrict the association of regulated entities with unregistered financial influencers, commonly known as “finfluencers.” This initiative aims to protect investors and ensure that credible and regulated sources provide financial advice and promotions The Rising Influence of Finfluncers In recent years, financial influencers …
The Securities and Exchange Board of India (SEBI) has recently made significant revisions to its ‘Trading Plans’ framework, mainly focused at facilitating compliant trading practices among insiders who regularly handle unpublished price-sensitive information (UPSI). Reduction in Cool-Off Period SEBI’s latest circular reduces the minimum cool-off period required between the disclosure and implementation of a trading …
On June 26, Radisson Group issued a press release of its latest announcement of the signing of 10 new hotels in just 4 days. These signings took place across 4 brands of the group including Radisson Blu, Radisson, Radisson Individuals, and its brand extension Radisson Individuals Retreats. The group had also entered 5 new markets …
The Indian stock market staged a smart recovery from lower levels and ended the first trading session of the week on a positive note. The NSE Nifty50 index advanced 0.16%, while the Sensex gained 0.17%. Nifty Auto Index: A Strong Comeback Among the top-performing sectors on Monday was the Nifty Auto index. On Monday, the …
Shares of holding company stocks, including Bombay Burmah, Bajaj Holdings, and Pilani Investments, saw gains of up to 20% today. This surge follows the announcement by SEBI of a new framework for special call auctions aimed at better price discovery for such companies. SEBI’s New Framework SEBI’s circular noted that many holding companies are infrequently …
Foreign Institutional Investors have re-entered their buying mode in the Indian Stock Market and are back to buying mode, making a positive shift in investor sentiment following the national elections that ended earlier this month. Over the past 3 days, FIIs have made significant purchases in Indian equities, signaling a renewed confidence in the country’s …
Nifty’s Surprising Start to the Trading Week The trading week began with an unexpected twist as the market opened below last week’s low of 23,398. Initially, it appeared that the market might decline further. However, the bulls, mindful of the primary uptrend, took control and pushed prices higher, effectively erasing the morning’s losses. Although there …
Foreign investors have funneled $10 billion into Indian government bonds since JPMorgan Chase & Co. announced the inclusion of these securities in its widely followed bond index. This significant inflow of foreign capital exhibits the growing confidence in India’s financial markets and the potential for stable returns. JPMorgan’s Game-Changing Announcement On September 21, 2023, JPMorgan …
The Nifty Bank, an index comprising India’s top 12 banking stocks, experienced a significant rally on Wednesday, climbing over 1,000 points to reach a new record high. This surge was primarily driven by heavyweight private sector lender HDFC Bank. The index hit an intraday peak of 51,957, surpassing its previous record of 51,133 set on …
