Sebi chief Buch hopes corp bond mkt grows as rapidly as equities
Sebi chairperson Madhabi Puri Buch expressed optimism about the growth of the corporate bond market, driven by technology and transparency. She highlighted healthy primary market activity but noted a lack of secondary market engagement. Buch also addressed recent allegations against her and discussed upcoming regulations and initiatives at an Amfi event in Mumbai.
Tech view: Nifty gives decisive breakout, aiming for 26,900 level. How to trade tomorrow
Call options saw the highest open interest at strike prices of 26,250 and 26,300, whereas put options had the highest open interest at 26,200 followed by 26,100.
Sebi cuts listing time to T+3 working days for public issue of debt securities
Sebi on Thursday decided to reduce the timeline for listing of public issue of debt securities to three working days from six days at present, to facilitate faster access to funds. This new timeline will be optional for the first year and mandatory thereafter.
Bank Of India raises Rs. 2,500 crore via tier two bonds
Bank of India raised ₹2,500 crores through tier two bonds at 7.49% coupon rate. The funds will support normal business activities, not specific projects.
IEX shares tumble 15% from all-time high hit 2 days ago. What lies ahead?
After reaching a 52-week high of ₹244.40 on September 24, shares of the Indian Energy Exchange (IEX) have since fallen 15%, nearing a key support level at ₹200. This decline follows reports of potential market coupling for power exchanges, expected to be implemented by the end of the current fiscal year or the start of […]
Which sectors will be beneficiaries of National Electricity Plan? Care Rating’s Sabyasachi Majumdar explains
The new National Electricity Plan is set to benefit transmission companies and equipment manufacturers. With a projected power demand growth, significant investments are expected in transmission and renewable energy sectors. The plan aims to address future power needs, including green hydrogen and electric vehicles, requiring substantial funding and capacity additions.
Expecting 26,200, 26,350 marks on the index; 2 top picks of the day: Shivangi Sarda
Shivangi Sarda from Motilal Oswal Financial Services discusses the stock market’s recent performance, highlighting Maruti and Trent as top picks. She also analyzes the metal sector’s gains due to China’s stimulus and provides insights into the IT, pharma, and banking sectors. Key support and target levels for various stocks are mentioned.
PB Fintech shares drop over 10% on plans of healthcare foray
Shares of PB Fintech fell over 10% to Rs 1,545 during Thursday’s intraday trading on the BSE after the company suggested it might venture into the healthcare sector. The company stated, “We are still exploring, but currently have no decisions to announce. Any decision made will be communicated to the stock exchanges.”
Can multibaggers KFin Tech & CAMS ride on MF tailwinds or will valuations play spoilsport?
KFin Technologies and CAMS are well-positioned in the mutual fund industry despite their high valuations. With significant stock rallies over the past year, both companies benefit from a duopolistic market with high entry barriers. Analysts predict potential upsides of up to 26% for KFin Tech and 42% for CAMS.
Diffusion Engineers IPO cruises through on the first day of bidding,GMP at 46%. Check details
Diffusion Engineers IPO GMP: Diffusion Engineers’ IPO was subscribed 2 times shortly after opening, driven by retail investors.The price band is set at Rs 159-168 per share, with a strong GMP of Rs 78.