Here’s why Deven Choksey is bullish on the auto sector

We particularly prefer many other automobile ancillary companies, given the kind of a growth that they are experiencing currently with the market opening up for them. The auto space remains relatively more favourable for us at this point of time.

Bourses review extension of equity F&O trade hours

Exchanges’ equity and derivative platforms are currently open for trading between 9:15 am and 3:30 pm. The Securities and Exchange Board of India (Sebi) has already drawn up a framework that allows bourses to keep F&O trading open until 11:55 pm and shares until 5 pm.

Bank mergers have benefited the sector: RBI

Bank mergers have benefited both the acquirer and the acquired, according to a report by Reserve Bank of India researchers. While the transactions have helped improve the efficiency of the acquirer banks, they have added to shareholder value for banks that have been acquired.