One sectoral index that has caught the attention of market participants in 2024 is the Nifty Pharma index. Despite market volatility and recent news flow creating discomfort among investors, this index has managed to deliver an impressive 30% gain in 2024. The Nifty Pharma index has significantly outperformed the broader Nifty 50 index, which has …
The Indian benchmark indices exhibited a strong performance on Tuesday, with the Nifty50 index trading above its critical psychological mark of 24,700, and the Sensex inching closer to the 80,900 level. The bullish momentum was observed across the majority of sectoral indices, particularly led by Nifty IT and Nifty PSU Bank, both of which were …
The National Stock Exchange(NSE) is shaking things up with new rules for small and medium enterprises (SMEs) that want to list on its NSE Emerge platform. Starting September 1,2024 companies will need to show positive free cash flow (FCF) for at least two out of the last three years to be eligible inorder to ensure …
REITs, or Real Estate Investment Trusts, are investment trusts that own and manage real estate properties, producing capital gains on their investments as well as consistent income, much like mutual funds. They aggregate investor capital, providing investors with a liquid means of entering the real estate market, portfolio diversification, and long-term capital growth. Other than …
On August 21, 2024, the Securities and Exchange Board of India (Sebi) imposed a fine of ₹11 lakh on IIFL Securities for violating stock broker rules and other regulatory norms. Sebi’s inspection of IIFL Securities Ltd, conducted from April to July 2022, was aimed at evaluating the firm’s compliance with regulatory requirements. Following the inspection, …
Introduction: A Milestone in Indian Financial Markets The National Stock Exchange of India (NSE) celebrated a significant milestone as it crossed the 10 crore (100 million) unique investor mark. This achievement is not just a testament to the growth of the NSE but also a reflection of the evolving investment landscape in India. In this …
On August 20, 2024, the capital market regulator, the Securities and Exchange Board of India (SEBI), released a consultation paper. The paper proposed significant changes to streamline and expedite the process of raising funds through rights issues. These proposed reforms aim to make rights issues a more attractive option for companies compared to other fundraising …
The Competition Commission of India (CCI) has given the green light to IndusInd International Holdings Limited (IIHL) to acquire a significant stake in Invesco Asset Management (India) Private Limited (Invesco AMC) and Invesco Trustee Private Limited (Invesco Trustee). IIHL, a global investment holding company based in Mauritius, will acquire 60% of the shareholding in both …
Asset management companies (AMCs) are now required to establish robust institutional mechanisms to detect and prevent potential market abuse, including front-running and fraudulent securities transactions. In a circular issued on Monday, the Securities and Exchange Board of India (SEBI) mandated that AMCs set up comprehensive surveillance systems, internal controls, and escalation procedures to identify, monitor, …
The Securities and Exchange Board of India (SEBI) has released a consultation paper aimed at revising the eligibility criteria for stock derivatives in line with the evolving market conditions. This move is pivotal for enhancing price discovery and market liquidity while mitigating risks associated with market manipulation, volatility, and compromised investor protection. Here’s a detailed …
