Sebi proposes regulation of grey market for unlisted companies to enhance price discovery and tax revenue
SEBI is considering regulating the grey market for unlisted shares, aiming to improve price discovery before IPOs and boost government tax revenue. This initiative comes as India’s IPO market sees significant growth despite global economic uncertainties. SEBI plans to collaborate with the corporate affairs ministry and stock exchanges to establish a regulated pre-IPO trading platform […]
Sebi plans to increase tenure, maturity of equity derivatives
SEBI is considering extending the tenure and maturity of equity derivative contracts to enhance hedging and long-term investing, according to Chairman Tuhin Kanta Pandey. This move aims to deepen the cash equities market, the foundation of capital formation, while ensuring risk awareness and suitability among participants. The regulator seeks stakeholder input for a calibrated approach.
GMR Airports board clears proposal to raise up to Rs 5,000 crore
GMR Airports’ board on Thursday approved a proposal to raise up to Rs 5,000 crore through issuance of securities.
Sebi mulls AI-only AIF regulatory regime with significantly less compliance requirements
Markets regulator Sebi has proposed a new accredited investors-only alternative investment fund (AIF) regime with lesser compliance rules, a move aimed at enabling sophisticated investors to back higher-risk ventures more efficiently, its senior official said on Thursday.
Clean Science bulk deal: Norges Bank picks Rs 158 crore stake. Nippon, SBI MF among buyers
Norway-based Norges Bank bought over 14.62 lakh shares worth Rs 158 crore in Clean Science and Technology via block deal on Thursday. Nippon India Mutual Fund, SBI Mutual Fund and Bajaj Allianz Life Insurance Company were also buyers in the bulk deals where promoters Asha Ashok Boob and Ashok Ramnarayan Boob together sold over 1.9 […]
Apollo Hospitals promoters to sell stake worth Rs 1,395 crore in block deal: Report
Promoters of Apollo Hospitals Enterprise are expected to sell shares worth ₹1,395 crore via a block deal, with a floor price of Rs 7,747 per share, a 2% discount on Thursday’s closing. Suneetha Reddy may sell up to 1.25% equity.
Hero MotoCorp shares surge 15% in 2 weeks; analysts see further upside till Rs 6,000
Hero MotoCorp shares have surged 15% in two weeks, fueled by optimism surrounding potential GST rate reductions and a strong technical breakout. Analysts predict further upside, with targets ranging from Rs 5,600 to Rs 6,000, citing bullish technical indicators and sustained trading above key moving averages. While overbought conditions may lead to a near-term correction, […]
Vedanta announces second interim dividend of Rs 16 per share; check record date
Vedanta Dividend Record Date: Metal major Vedanta’s board on Thursday approved a second interim dividend of Rs 16 per share for the financial year FY26 and has set August 27 as the record date. The total payout will be Rs 6,256 crore.
Still avoiding PVs in auto and FMCG, negative on IT; hospitality a better play on GST: Dinshaw Irani
Helios Mutual Fund is adjusting its portfolio. The focus is shifting towards electric vehicle two-wheeler companies. A new addition in this space is expected soon. The fund remains cautious on passenger vehicles and negative on the IT sector due to US uncertainty and AI impact. FMCG is avoided due to growth concerns.
Midcaps, consumption and cement to lead market upside in H2: Pankaj Pandey
Pankaj Pandey suggests a promising second half for Indian markets, anticipating Nifty levels around 27,000. Cement and auto sectors are poised for growth, fueled by GST benefits. While cautious on insurance due to margin pressures, AMCs like HDFC AMC and Nippon appear attractive. Real estate sees potential in tier-II players and home-building products, favoring DLF […]