However, leveraging shares comes with conditions and risks that need careful consideration. How loan against shares works A loan against shares (LAS) allows borrowers to pledge their equity holdings as collateral for an overdraft facility, offering flexibility by charging interest only on the utilized amount. For example, if shares worth ₹10 lakh are pledged, the … Read more
Top News On October 15, SEBI announced a major change that benefits traders in India’s stock market. The regulator raised the position limits for trading members in index futures and options (F&O) contracts. These limits now stand at ₹7,500 crore or 15% of the market’s total open interest (OI), compared to the earlier limit of … Read more
Mumbai: The Nifty snapped a three-day losing streak on Friday, but posted the longest weekly losing streak of this year on relentless selling by foreign institutional investors (FIIs), who have flocked to China beginning late last month chasing a stimulus-led recovery in the world’s second -biggest economy. Analysts expect the intense battle between bulls and … Read more
The National Stock Exchange (NSE) will phase out weekly index derivatives contracts for Bank Nifty, Nifty Midcap Select, and Nifty Financial Services, effective November 13, 18, and 19, respectively, the exchange informed in a circular on October 10. Following these changes, the NSE will offer only the Nifty 50 index for weekly derivatives contracts. This … Read more
Stock market holiday: The National Stock Exchange (NSE) and Bombay Stock Exchange (BSE) will be closed on Wednesday, October 2, 2024. The closure marks Gandhi Jayanti, a national holiday in India. Gandhi Jayanti honors the birth of Mohandas Karamchand Gandhi. He was key to India’s independence movement and known for his nonviolence principles. All trading … Read more
Top News The Securities and Exchange Board of India (SEBI) has introduced a new directive concerning the use of the Unified Payments Interface (UPI) for individual investors. According to SEBI’s recent circular, starting November 1, 2024, individual investors can apply for public issues of debt securities, non-convertible preference shares, municipal debt securities, and securitized debt … Read more
The National Stock Exchange (NSE) will hold mock trading sessions on Saturday at its Disaster Recovery site. Additionally, live trading sessions are scheduled to take place from September 30 to October 3, also from the disaster recovery location, as stated in a circular issued on Friday. This marks the third special live trading session organized … Read more
State-run SJVN’s shares surged by almost 5 per cent on Friday following the company’s announcement to exchanges about securing two MoUs with the Maharashtra government for power project development. The estimated total investment for these projects is around ₹48,000 crore. The Navratna CPSE announced today that it has entered into two Memorandums of Understanding (MoUs) … Read more
According to data from primedatabase, as many as 104 SMEs (small and medium enterprises) have used BSE and the National Stock Exchange’s (NSE) SME platform to raise ₹3,405 crore in FY25 so far. This figure already surpasses half of the total funds raised by SMEs in FY24. Most of these IPOs are heavily oversubscribed, driven … Read more
India’s markets regulator has closed proceedings in the co-location case against the National Stock Exchange and its officials, citing a lack of evidence. Kamlesh Varshney, a whole-time member of the Securities and Exchange Board of India, on Friday held that due to the absence of sufficient material, the test of “preponderance of probability” failed to … Read more