Big Movers on D-St: Sensex tops 63K; Varun Beverages, HUDCO and Lemon Tree could see 7-10% upside
Shares price of Varun Beverages (VBL) rallied over 10% in intraday trade on Wednesday to hit a fresh all-time high. The positive momentum resumed after the breakout of fortnightly consolidation with huge volume suggesting the strength of the trend. The histogram contracted on the downside to move towards the zero line, which leads to an […]
NSE IFSC-SGX Connect may be fully operational by June
Through this connectivity, global investors who are clients of SGX will be able to trade in Indian derivatives market remotely without having to set up a shop in India. Currently, only a few trades are being executed through the route.
Equity ETFs can now be used as collateral
The regulator said the initial margin payable by the client to the stock broker should be in the form of cash, cash equivalent or equity ETFs.