NSDL files DRHP with SEBI for IPO

Post IPO, the dates of which are not yet announced, the stock would be listed on BSE. The IPO includes a reservation of equity shares for subscription by eligible employees.

Isha Ambani to join Jio Financial as non-executive director

RIL said her appointment is subject to approval of shareholders as well the Reserve Bank of India and will be effective from the date of receipt of RBI approval. Besides Isha, the board has also approved the appointment of McLaren Strategic Ventures’ Hitesh Sethia as the CEO and MD of Reliance Strategic Ventures, which would […]

Nifty @ record high: Foreign investors pour in nearly $3 billion on Dalal Street this week

FII strategy is focussed more on country-specific factors rather than sectoral prospects within a country. That’s why they adopted the ‘Sell India, Buy China’ strategy in Jan and February. During these 2 months, FIIs sold financial services for Rs 15,744 crores. Now, pursuing the ‘Sell China, Buy India’ strategy, the same FIIs have bought stocks […]

All things F&O traders need to know about taxes and IT return filing

A speculative income is defined as a transaction, which is not based on any delivery of the commodity, be it shares or others. For instance, equity intraday income is considered as speculative income as traders buy and sell the stock on the same day and there is no delivery to the demat account.

​PNB among 7 largecap banking stocks that closed above last week high​

In the previous week gone by, equity indices in the backdrop of positive domestic data print and sustained FII inflow gained to fresh record highs, nonetheless weak global cues weighed towards the end of the week and Nifty ended Friday’s session around 166 points lower at 19,332. Nonetheless, amid buoyancy in the market, Nifty PSU […]