Last week (15 July - 21 July)

Tuesday, 16 July

NSE Tightens F&O Trading with Over 1,000 Collateral Securities Removed

National Stock Exchange (NSE) will revise the collateral eligibility for over 1,000 securities, starting August 1, 2024. Securities with low trading activity or high impact cost will be excluded, affecting notable stocks like Adani Power and Yes Bank. The transition includes gradual haircut increases for clearing members. High-capitalization stocks and certain mutual funds will see adjusted haircuts to account for market volatility

Tuesday, 16 July

MC Exclusive: F&O Crackdown - Panel Suggests One Weekly Option per Exchange, ₹20-30 Lakh Minimum Lot Size

The Working Committee on Futures and Options has proposed measures to address the rise in derivatives volume. Key recommendations include increasing the minimum lot size, limiting weekly options expiries, and reducing strike prices. SEBI formed this committee to curb excessive speculation

2 weeks Ago (08 July - 14 July)

Wednesday, 10 July

Marico Share Price Jumps 6% on Strong Q1 Business Update

On July 8, Marico shares surged over 6% following positive Q1 business updates, indicating steady demand growth. At 09:53 am, shares were at ₹654.75 on the NSE. The company anticipates continued revenue growth and improved gross margins throughout FY25.

Wednesday, 10 July

Mazagon Dock, Cochin Shipyard, and Other Shipping Stocks Surge Up to 8%

On July 4, shares of shipping companies such as Cochin Shipyard and Mazagon Dock surged up to 7%, driven by Budget 2024 anticipation and strong Q1 earnings expectations. Despite the rally, veteran investor Raamdeo Agrawal notes that PSUs still trade at low PE multiples.