Tensions in the Middle East have escalated, particularly due to the Iran and Israel war, raising fears of a potential regional crisis. Should the situation deteriorate, global crude oil prices—especially critical as Iran is a major oil producer—could see significant fluctuations. Impact on Oil Prices Due To Iran- Israel War As of Thursday, oil prices …
Knowing bank holidays in October 2024 can help you plan your banking activities effectively and avoid last-minute hassles. Here is a list of bank holidays in October 2024, which could be helpful to plan your banking activities. Bank Holidays in October 2024 Date Day Holiday State Closure October 1 Tuesday General Elections to the State …
Nifty50 and India VIX Surge Amid Uncertainty The Indian markets have taken a beating, with the NSE benchmark Nifty50 index dropping over 400 points, or 1.56%, settling below the crucial 25,400 mark. The index is trading near its day’s low, and it’s fallen beneath the 20-day Simple Moving Average (SMA), signaling increased bearish sentiment. Impact …
GIFT Nifty Hits a New Milestone in September 2024 The GIFT Nifty, a benchmark symbolizing the strength and growth of the Indian equity market, reached a historic milestone by recording an all-time high monthly turnover of US $100.7 billion in September 2024. This achievement surpassed its previous record of US $100.13 billion set in August …
The market regulator, the Securities and Exchange Board of India (SEBI) has introduced Unified Distilled Filing Formats (UDiFF), which marks a significant milestone in India’s financial markets. The new innovative reporting system has streamlined the regulatory landscape, reducing the burden on market participants and fostering a more efficient ecosystem. Prior to UDiFF, market members were …
The National Stock Exchange (NSE) and Bombay Stock Exchange (BSE) in India will be closed on Wednesday, October 2, 2024, for Gandhi Jayanti. This national holiday marks the birthday of Mohandas Karamchand Gandhi, an important leader in India’s fight for independence, known for his teachings of non-violence and peaceful protest. A trading or stock market …
On Monday, the Securities and Exchange Board of India (SEBI), which oversees the markets, approved “light touch” regulations and a more lenient framework for companies looking to introduce solely passive mutual fund schemes. SEBI stated in a statement that the Mutual Funds Lite (MF Lite) framework, also known as light touch regulations, has loosened requirements …
On September 30, 2024, the capital markets regulator Securities and Exchange Board of India (SEBI) conducted its board meeting, wherein, it approved key measures for easing trading practices for regular investors and simplifying norms in the mutual funds (MF) industry. The regulator surprised investors by not announcing any regulation to curb a surge in derivatives …
The market regulator Securities and Exchange Board of India (SEBI), has imposed a penalty of ₹12 lakh on NSE Data & Analytics Limited (formerly DotEx International) for multiple regulatory infractions. The decision by SEBI follows a comprehensive inspection conducted in September 2023 which focused on the company’s operations as a KYC Registration Agency (KRA) during …
The Bombay Stock Exchange (BSE) has announced alterations that are to affect transaction pricing for Sensex and Bankex options contracts concerning the equity derivatives section. This reformation, expected to take effect on October 1, 2024, follows the notification issued on September 27, 2024, with information about the new changes in fees for these contracts. Revised …
