Editorial SEBI Proposes T+1 Settlement Cycle on Optional Basis: All You Need to Know Earlier this week, the Securities and Exchange Board of India (SEBI) announced that stock exchanges would have the option to move to a T+1 (Trade Date+1 Day) stock settlement cycle starting from January 1, 2022. While many have welcomed the proposal, a lot of concerns have emerged regarding the implementation of the new system. In […] Written by Cherian Varghese September 10, 2021September 10, 2021
Editorial NSE VS BSE | How NSE Beat BSE to Become India’s Top Stock Exchange Stock exchanges are the powerful platforms or marketplaces that allow us to invest or trade in securities. Most beginners in the stock market have a doubt regarding the exchange they should transact in— whether it should be BSE or NSE. In this article, we dive into the two prominent stock exchanges of India. We shall […] Written by Cherian Varghese July 20, 2021July 20, 2021
Market News Top 10 News NSE, ONGC Buys Stake in IGX From Indian Energy Exchange – Top Indian Market News NSE, ONGC buys stake in IGX from Indian Energy Exchange Indian Energy Exchange (IEX) has divested 26% of its equity holding in Indian Gas Exchange (IGX) to the National Stock Exchange of India. NSE will purchase 1.92 crore equity shares of IGX from IEX for Rs 19.20 crore. IEX has also sold 5% of its […] Written by Cherian Varghese March 10, 2021March 10, 2021
Market News Top 10 News India’s Manufacturing PMI Falls Marginally in February – Top Indian Market News India’s manufacturing PMI falls marginally in February India’s factory activity expanded for the seventh straight month in February, driven by strong demand and increased output. The IHS Markit Purchasing Managers’ Index (PMI) for India’s manufacturing sector eased slightly to 57.5 in February from 57.7 in January. Last month, firms responded to rising production needs by […] Written by Cherian Varghese March 1, 2021March 1, 2021
Market News [Updated] Trading Halted on NSE Due to Technical Glitch The price feed for indices on the National Stock Exchange (NSE) has frozen. Nifty 50 has not made any movement since 10:08 AM. The index stood at 14,820.45, up 112.65 points or 0.77%. All sectoral indices on the NSE (Nifty Bank, Nifty Financial Services, etc) are frozen as well. However, the stocks listed on Nifty […] Written by Cherian Varghese February 24, 2021February 24, 2021
Editorial NSE Algo Scam, All About The National Stock Exchange(NSE) Co-Location Scam Scams have taken place within exchanges and the stock market, but have you ever heard of a stock exchange itself scamming someone? The National Stock Exchange did exactly that in what is called the ‘NSE co-location Scam’. This scam involved close to 62 brokers, advisories, traders, and the employees of the National Stock Exchange. Here’s a quick brief on what the co-location scam was all about. Written by Maarg Vaidya December 9, 2020December 9, 2020
Market News Top 10 News SII Seeks Emergency Use Authorisation for Covidshield – Top Indian Market News Serum Institute seeks emergency use authorisation of Covidshield in India The Serum Institute of India (SII) has sought approval from the Drugs Controller General of India (DCGI) for emergency use authorisation (EUA) of the AstraZeneca-Oxford vaccine, Covidshield, in the country. It is the second firm, after Pfizer, to seek EUA approval from the Indian drug […] Written by Cherian Varghese December 7, 2020December 7, 2020
Market News Top 10 News SpiceJet Plane Undershoots Runway in Guwahati – Top Indian Market News SpiceJet plane undershoots runway in Guwahati; DGCA grounds 2 pilots A SpiceJet plane undershot the runway while landing at the Guwahati airport on Friday. The Directorate General of Civil Aviation (DGC) has grounded the two pilots who were operating the Bengaluru-Guwahati flight. Officials stated that none of the passengers was hurt in the incident. The […] Written by Cherian Varghese December 5, 2020December 5, 2020
Editorial NSE allows trading of T-bills, state bonds NSE (National Stock Exchange) introduced trading in Treasury bills (T-bills) and State Development Loans (SDLs) in its capital market segment. In line with equity trading, investors can now buy and sell T-bills and SDLs through NSE trading members. Most importantly, the move comes within a week of SEBI chairman Ajay Tyagi urging financial market participants […] Written by Vinayak Joshi July 30, 2020November 9, 2020
Why Did Motherson Sumi’s Shares Fall 22% Last Friday? The shares of Motherson Sumi Systems Ltd fell up to 22% to Rs 182.85 on the NSE last Friday (January 14). Investors went into panic mode as most were unaware of the developments happening at the company. Motherson Sumi Systems Ltd (MSSL) is a leading manufacturer of automotive components. It produces and sells wiring harnesses, […] Written by Cherian Varghese January 19, 2022January 19, 2022
The Rise, Fall, and Revival of Cafe Coffee Day (CCD) ‘A lot can happen over coffee’. Since its inception nearly 25 years ago, Cafe Coffee Day (CCD) has become a favourite hangout spot for Indians. It defined the café landscape within India. You can find CCD outlets on major highways, near colleges and corporate parks across our country. Its founder, V.G. Siddhartha, had an ambitious […] Written by Cherian Varghese January 17, 2022January 19, 2022
Government Becomes Largest Stakeholder in Vodafone Idea: What Next? The Government of India has become the largest shareholder in private telecom company Vodafone Idea. Vi has faced quite some turbulence in terms of its finances and is heavily burdened by debt to banks as well as the government. The government will be the largest shareholder in Vodafone Idea after converting all of its pending […] Written by Maarg Vaidya January 13, 2022January 13, 2022
