Sebi on Monday announced expanding the Qualified Stock Broker (QSB) framework that will bring more brokers under enhanced obligations, a move aimed at bolstering the trust of investors in the securities market.
The decision will also help in strengthening the compliance culture among stock brokers.
Now, the parameters of proprietary trading volumes, compliance and grievance redressal scores will also be taken into account while classifying stock brokers as QSBs, according to a circular.
ERP testing startup Opkey raises $47 million in Series B round from PeakSpan Capital, existing investors AI model fine-tuning key to reduce hallucinations Mining stocks NMDC, Vedanta, Hind Zinc, MOIL, Coal India plunge as much as 5% after SC allows states to collect past due…
GIFT Nifty indicated that Indian equity indices BSE Sensex and NSE Nifty 50 may see a positive opening on Friday. Here’s a look at the key stocks to watch in trade.
Stocks in Focus: GIFT Nifty traded up by 47 points or 0.21% at 22,710 indicating a positive opening for domestic indices NSE Nifty 50 and BSE Sensex on Friday. Previously, on Thursday, the NSE Nifty 50 ended down by 216.05 or 0.95% to settle at 22,488.15 while the BSE Sensex plunged 617.30 points or 0.83% to 73,885.60.
“The benchmark index is taking cues from the US market as treasury yields continue to climb following the stickiness of global inflation, delaying the central bank’s interest rates cut policy,” said Vinod Nair, Head of Research, Geojit Financial Services.
Sto…
GIFT Nifty indicated that Indian equity indices BSE Sensex and NSE Nifty 50 might see a higher opening on Thursday. Here is all you need to know before the market opens.
GIFT Nifty was up 75.50 points, or 0.30%, at 24,891 indicating a positive start for the domestic indices NSE Nifty 50 and BSE Sensex on Thursday. Previously, on Wednesday, the NSE Nifty 50 closed 71.35 points or 0.29% higher to settle at 24,770, while the BSE Sensex rose 102.44 points or 0.13% to finish at 80,905.30.
Key things to know before share market opens on August 22, 2024
Wall Street
US markets closed on a higher note on Wednesday as the Fed’s July FOMC minutes of the meeting revealed a dovish stance on rate cuts. The broader…
Vodafone Idea’s Rs 18,000 crore Follow-on Public Offer (FPO) opens for subscription today, Thursday, April 18, and will close on Monday, April 22.
The FPO price band has been set between Rs 10 to Rs 11 per share, with a minimum bid limit of 1,298 equity shares and subsequent bids in multiples thereof.
Market experts have expressed optimism about the FPO, with all signs pointing towards a bullish outlook. The total offer size amounts to Rs 18,000 crore, consisting of fresh equity shares.