MCX launches crude sunflower oil futures contract

MCX has launched futures contracts on crude sunflower oil to help market participants manage price volatility and exposure to global supply-demand dynamics. With India importing nearly 2.8 million tonnes of its annual crude sunflower oil consumption, the contract aims to provide importers, refiners, processors and traders with an efficient risk-management mechanism.

Sebi proposes mandatory colour-coded Credit Risk-o-Meter for debt securities

The Securities and Exchange Board of India (Sebi) has introduced a mandatory Credit Risk-o-Meter for debt securities, aiming to enhance investor awareness regarding credit risk. This user-friendly tool features a standardized, colour-coded scale, similar to those used in mutual funds. Issuers and online platforms are required to showcase this meter in relevant documents, with public […]

Reddit surges 14% on S&P 500 inclusion, set to replace AvalonBay

Reddit shares have experienced a remarkable surge following the announcement of their inclusion in the S&P 500 index. With index funds compelled to acquire millions of Reddit shares, this influx is expected to significantly surpass the average daily trading volume of the stock. The inclusion will take effect before the markets open on August 18, […]

Praj Industries shares rally 7% after Q1 profit more than doubles YoY

Praj Industries shares surged 6.5% after Q1FY27 net profit more than doubled year-on-year to Rs 12 crore, while revenue rose 12% to Rs 716 crore. The company reported Rs 1,000 crore in order intake and ended the quarter with an order backlog of Rs 4,589 crore, providing strong execution visibility.

Zee Entertainment shares rally 8% after SAT grants interim relief in Sebi order

Zee Entertainment’s shares experienced a surge following the Securities Appellate Tribunal’s grant of interim relief. The tribunal has put a hold on SEBI’s order, permitting promoters to issue preferential warrants. Additionally, ZEEL is allowed to utilize mutual fund units for dividend distribution. However, this relief comes with the condition of paying the penalty that SEBI […]