Sebi bans Ketan Parekh, 2 others from markets in front-running scam, impounds Rs 65 crore
SEBI barred Ketan Parekh, Rohit Salgaocar, and others from Indian capital markets for a front-running scam, impounding ₹65.77 crore. Parekh, notorious for the 2001 stock scam, faces fresh restrictions alongside key associates.
MOIL Q3 update: Sales jumps 13% YoY as PSU posts best ever quarterly performance
MOIL reported record-breaking Q3 and nine-month performance in FY25, achieving its highest-ever manganese ore production (4.6 lakh tonnes) and sales (3.88 lakh tonnes), with 13% growth YoY. Production and sales also increased 4.5% and 3.5%, respectively, during April-December.
At 229x, Indo Farm Equipment IPO gets 2nd highest subscription among 2024 mainboard issues. Check status, GMP, other details
The Indo Farm Equipment IPO, subscribed 229.31 times, is the second most subscribed mainboard IPOs of 2024. Strong demand came from QIBs (503.39x) and NIIs (104.36x). Only Vibhor Steel Tubes saw higher subscription.
Tech View: Nifty closes above 50 DEMA, eyes 24,400 level. How to trade on Friday
Nifty’s short-term trend remains bullish, with the index expected to approach the next resistance level at 24,400. Any pullbacks are likely to find support near 23,900, according to Nagaraj Shetti of HDFC Securities.
UPI transactions rises 8 pc to 16.73 bn in December: NPCI data
UPI transactions in December hit a record 16.73 billion, an 8% increase from November’s 15.48 billion. Transaction value rose to Rs 23.25 lakh crore, up from Rs 21.55 lakh crore. Daily average transactions reached 539.68 million in December, with a daily transaction value of Rs 74,990 crore.
F&O activity down up to 30% over Sebi regulations, more dip likely in 2025: Zerodha
Zerodha CEO Nithin Kamath observed a 20-30% decline in F&O activity since Sebi’s regulations were introduced. He anticipates a further dip in 2025 due to increased lot sizes. Equity turnover has also cooled down, suggesting a potential end to the recent period of high market activity.
Short-term rally expected in financials; liquidity turn could boost banks: Seshadri Sen
There is still some downside to valuations. So, this sort of time correction that we have seen in financials from a longer-term perspective would continue for another couple of years.
Earnings slowdown to persist, but Q3 expected to see improvement: Nitin Raheja
The earnings slowdown is probably going to take a couple of quarters to wear out. What has really happened is there has been this little bit of a change that we have seen.
Could steel, auto sectors thrive without protection? Why it makes sense to invest in solar theme now
Ravi Dharamshi, CIO of ValueQuest Investment, predicts that India will become an energy-exporting nation within ten years, driven by a shift from fossil fuels to renewable energy, particularly solar. He emphasizes the importance of protection for strategically significant sectors and discusses the evolving nature of consumption and the prospects for various financial segments.
Rising dollar strength and tight financial conditions to impact emerging markets in 2025: Maneesh Dangi
So, your question, of course, is that what happens tight dollar, of course, means tight financial conditions and that essentially means that the emerging markets more specifically do not do well, both equities and bond.