26th Nov 2021
In a circular issued late on 25th November, the NSE announced the addition of 2 stocks to the list of eligible futures and options trading. The two companies are Aditya Birla Capital (ABCAPITAL) and Honeywell Automation India (HONAUT). These stocks h
In what was a long anticipated move, SEBI laid down detailed operating norms for silver ETFs. Like gold ETFs which invest in gold as an underlying and issue units against such underlying, the silver ETFs will have graded silver as an underlying asset
The story of Paytm has been a story of extreme volatility in the first 5 days of trading. The stock lost close to 41 from its IPO price of Rs.2,150 to touch a low of Rs.1,271. However, from the lows of Monday, the stock gained around 40 over the ne
Sameer Gehlaut, one of the original promoters of Indiabulls Housing Finance, may be looking to reduce his stake to below the statutory minimum required to be classified as a promoter. Currently, Sameer Gehlaut holds about 21 stake in Indiabulls H
In an interesting move in the stock markets, the stock of Reliance Industries was the top gainer on the Nifty on 25th November, gaining 6.4 in a single day. This bounce comes after a couple of days of weakness due to the stake sale in the O2C busine
25th Nov 2021
When the stock of Paytm listed at a discount and kept dipping sharply, one of the big questions in the minds of people was the exposure of LIC to Paytm. After all, LIC with an investible corpus of close to $360 billion remains the single largest inst
Tega Industries has been around in the polymers industry for over 45 years now. It focuses on material and mineral handling support systems with a portfolio of over 55 different products. Tega is tapping the IPO market next month and here is the gist
The announcement to go ahead with privatization of PSU banks was made in the Union Budget 2021. During the budget presentation, Finance Minister Nirmala Sitharaman had committed that 2 PSU banks, other than IDBI Bank, would be privatized during the y
Star Health and Allied Insurance was established in 2005 by the former CMD of United India Assurance, V Jagannathan. Over the last 16 years, Star Health and Allied Insurance has emerged as a dominant player in health insurance origination with a mark
24th Nov 2021
The much awaited Cryptocurrency and Regulation of Digital Currency Bill, 2021 is likely to be taken up for discussion in the Winter session of Parliament, which commences on 29th November and will get over on 23rd December. It is 1 among the 26 bi
On 23 November, the Indian government announced that it would release nearly 5 million barrels of oil from its Strategic Petroleum Reserve (SPR). The decision has an interesting background. Just a couple of days earlier, Joe Biden had announced th
The weak listing of the Paytm IPO may have had its first casualty in the form of a digital IPO being put off. MobiKwik has put off its proposed Rs.1,900 crore IPO on the back of weak Paytm listing. MobiKwik has been apprehensive that the post list
Open Free Demat Account in 5 mins