Derivatives expiry, coupled with the direction of foreign funds flow and macro-economic growth data are expected to flare up volatility in the Indian equities markets during the upcoming week.
Markets regulator Sebi has decided to empanel 'resource persons' to help spread financial literacy in select districts.
Fund houses are betting big on investments through systemic investment plan (SIP) to achieve the magical figure of Rs 20 trillion assets under management (AUM) for the industry by end of the current calendar year.
Stock markets likely to witness volatility amid derivatives expiry in a holiday-shortened week ahead, and the ongoing UP assembly elections will also continue to dominate sentiments, say experts.
Overseas investors have pumped in over Rs 9,500 crore (USD 1.4 billion) into the country's capital markets this month so far, enthused by clarity on FPI taxation.
Seven of the top-10 most valued Indian companies together added Rs 48,518.62 crore in market valuation last week, with HDFC Bank emerging as the biggest gainer.
Ahead of its proposed merger with parent SBI, State Bank of Travancore (SBT) will raise up to Rs 600 crore to shore up additional tier-I capital by issuing Basel compliant bonds on private placement.
Market posted fourth straight weekly rise, lifted by buying in select counters, as the benchmark Sensex closed near five month highs by gaining 134.50 points to close at 28,468.75, while the broader Nifty held above the key 8,800-level.
The 12-odd states located in the eastern region were lagging in terms of mutual fund (MF) investments as compared to other parts of the country, a SEBI official said.
Markets regulator Sebi has settled a case with five individuals of erstwhile Investmart India Ltd regarding alleged manipulation in the scrip of Adani Exports more than 16 years ago.
Unfazed by criticism of the way demonetisation was handled, RBI governor Urjit Patel has said the central bank has grown a thick skin fast and stressed that the economy will make a “sharp V” recovery after a short drop.
Market benchmark Sensex extended its rally for the second session today, soaring 167 points to end near five-month highs on widespread buying in pharma and bank counters.
With an aim to deepen the nascent commodity market, SEBI is likely to give mutual funds the go-ahead to trade in commodity markets in a month, while the regulator is also in talks with the RBI to allow institutional investors like banks and FPIs to trade in the segment.
The NSE 50-share Nifty was also trading higher by 71.90 points, or 0.82 percent, at 8,849.90.
For the second day, the Sensex broke free Friday, shooting up nearly 425 points, and the Nifty wrested back control of the 8,800-mark in early session on substantial gains across the spectrum, driven by increased foreign capital inflows.
Reserve Bank on Thursday permitted multilateral financial institutions to invest in rupee denominated bonds popularly known as 'masala bonds' issued by Indian entities.
To make real estate and infrastructure investment trusts more attractive for investors, regulator Sebi has notified norms allowing mutual funds to invest their money in such entities.
The 50-share NSE Nifty gained 53.30 points or 0.61 percent to 8,778. Intra-day, it shuttled between 8,783.95 and 8,719.60.
To boost the market for municipal bonds, regulator Sebi has allowed municipalities having a surplus in their books in any of the three preceding financial years to issue such securities.
Shares of SBI and its associates rose sharply by as much as 13.5 percent today after the Cabinet approved their merger, a step aimed at strengthening the sector through consolidation of public banks.