F&O Ban List: Sun TV among 15 stocks under trade ban on Tuesday
The Future & Options contracts of any stock enter the ban period when the open interest (OI) on it crosses 95% of the market wide positions limits or MWPL. The ban on it is reversed only if the open interest falls below 80%.
Big movers on D-Street: What should investors do with Voltas, RVNL and MapMyIndia?
Stocks that were in focus include names like Voltas, which rose 10.69%, RVNL, which jumped 11.16%, and MapMyIndia, whose shares increased 3.75% on Monday.
Companies race against taxing times to give buyback call
Within just the three weeks since the budget announcement on July 23, 15 companies have already announced buybacks, compared with 18 that did so between January 1 and July 23.
Bharti ups global play with big stake in UK’s BT Group
The purchase will be made by Bharti Global, which is the international arm of Bharti Enterprises, through Bharti Televentures. As per the terms of the deal, Bharti Televentures has acquired a 9.99% stake in BT Group’s issued capital via open market trade. It will buy the remaining 14.51% after getting regulatory clearances. Mittal expects the […]
Japan leads Asian stocks higher after holiday
Oil remained near the $80 level it hit on Monday, as the US sees an Iranian attack against Israel as increasingly likely. Israel’s sovereign debt was cut by one notch by Fitch Ratings, which kept a negative outlook on the credit as continued military conflict weighs on the country’s public finances.
India and Russia eye dynamic rupee-rouble rate, vostro balance to bypass dollar trade barriers
The Reserve Bank of India (RBI) recently took feedback from banks and financial institutions dealing with Russian funds registered in India. Some Russian financial institutions earlier sounded out RBI on a mechanism to let them use rupees lying in special accounts in India, for investment in stocks and securities here.
MF investors rush into ‘hot sectors’, draw caution
The mutual fund industry managed equity money to the tune of ₹28.5 crore as on July 31. Most of the flows into thematic and sector funds are lump sum investments into new fund offers (NFOs), said mutual fund distributors.
Fresh Hindenburg allegations trip Adani stocks, some fall up to 7%
After the initial drop on Monday, some Adani stocks recovered later in the day. Adani Wilmar, Adani Total Gas, and Adani Energy Solutions ended about 4% lower, while NDTV, Sanghi Industries, and Adani Port fell between 2% and 3%.
Rupee weakens further, makes record closing low of 83.97
The unit closed at 83.9725 as against its last close of 83.955, LSEG data showed. The currency was trading in a tight range of 83.95 and 83.97. At the beginning of 2024, the rupee was trading at 83.2375.
JSW Steel gets board approval to invest $120 m in Oz company
The investment, amounting to US$ 120 million, will be executed through JSW Steel’s wholly owned subsidiary, JSW Steel (Netherlands) B.V., by subscribing to non-voting Class B shares.