Market

By Sandeep Parekh The Securities and Exchange Board of India (SEBI) released a consultation paper on November 9, 2024 proposing revisions to the definition of Unpublished Price Sensitive Information (UPSI) under the SEBI (Prohibition of Insider Trading) Regulations, 2015 (“PIT Regulations”). To this effect, Sebi has introduced 13 new proposals to broaden the scope of

The rupee hit new lows in CY24 but outperformed most Asian currencies, thanks to timely interventions by the Reserve Bank of India (RBI). Overall, it depreciated by 1.5% against the US dollar during the calendar year. Meanwhile, the dollar index, which tracks the US currency’s performance against a basket of six major currencies, declined by

Friday the 13th turned out to be an eventful day for the Nifty. It initially plunged 368 points during late morning trade but rebounded strongly to close with a gain of 220 points, or 0.89%. The index experienced a wide intraday range of 611 points. Though the Nifty closed with a gain of just 0.37%

Indian stock markets are all set for the upcoming week. Global and domestic factors are giving contrasting signals. Analysts highlight that US Federal Reserve’s interest rate decision, inflation data and foreign institutional investments (FIIs) are the main catalysts for market movement. FII flows the big factor V K Vijayakumar, Chief Investment Strategist, Geojit Financial Services

NSE and BSE have released the list for stock market holidays in 2025. Indian stock markets will have a total of 14 trading holidays. These stock market  holidays are spread throughout the year, with one holiday each in February, May, November, and December. There will be two holidays each in March and August, and three

Five of India’s 10 most valued companies collectively added Rs 1,13,117.17 crore to their market capitalisation last week, with Bharti Airtel emerging as the top gainer. Despite this positive trend, key players like Reliance Industries and LIC experienced notable valuation declines. The benchmark BSE Sensex advanced 623.07 points (0.76%), while the NSE Nifty rose by

Nuvama Wealth and Investment has acquired shares worth Rs 100 crore in Oravel Stays, the parent company of Oyo, through a secondary transaction at Rs 53 per share that valued the travel-tech unicorn at $4.6 billion, according to sources. The shares were sold by InCred Wealth and China’s Huazhu Group (formerly known as China Lodging)

State-run ONGC is likely to come out with an initial public offering (IPO) for its green energy subsidiary ONGC Green Ltd in the next financial year 2025-26, according to the company’s Director (Exploration), Sushma Rawat.  “That (IPO for ONGC Green) will not take too long but I think some homework needs to be done,” Rawat