Sebi penalises Reliance Securities for breach of norms
Capital markets regulator Sebi on Friday slapped a monetary penalty of Rs 9 lakh on Reliance Securities for flouting market norms as well as stock brokers rules. The order came after the regulator and exchanges, NSE and BSE, had conducted a thematic onsite inspection of the books of accounts, records and other documents of authorised…
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True North, two others to sell stakes worth Rs 1,267 crore in Home First Finance: Report
Home First Finance is expected to see a block deal on Monday worth Rs 1,267 crore where 14.7% stake is likely to be on offer. The sellers are likely to be promoter entities True North Fund V LLP (Warburg Pincus) and Aether (Mauritius) Limited along with a non-promoter Orange Clove Investments B.V., a CNBC TV18…
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Q2 FDI inflows rose 43% year on year to $13.6 billion
Foreign direct investment (FDI) equity inflows into India rose 43.1% on-year to $13.6 billion in July-September this fiscal, data released by the Department for Promotion of Industry and Internal Trade (DPIIT) Friday showed. FDI inflows were $9.5 billion in the year ago period. Total FDI, which includes equity inflows, reinvested earnings and other capital, grew…
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Nifty begins December series at higher open interest base, suggests F&O rollover data. What does this indicate?
Nifty futures will start the December series at higher open interest (OI) base with futures rollovers standing at 79% as against 76% averaged over the last three series, Nuvama said in a note. It expects Nifty to trade in a broad range of 23,450 to 25,000 with heightened volatility at play. At Rs 30,800 crore…
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Stocks to buy today: Stock picks of the week: 5 stocks with consistent score improvement and upside potential of up to 40%
Synopsis For almost two months now the market has been in volatile mode. But the way it is reacting to news and witnessing quick rebounds with positive market breadth, it is likely a recovery is underway that has some steam in it. Given that there might be more sightings of bulls, there is a case…
READ MOREArihant Foundations secures Rs 109 cr investment from Madhusudan Kela’s family fund and CaratLane founders
Bengaluru: Chennai-based real estate major Arihant Foundations & Housing Limited has announced a strategic investment of Rs 109 crore through a preferential equity allotment. The investment comes from a cohort of investors, including the Lotus Family Trust, managed by Madhusudan Kela, and CaratLane founders Mithun and Siddhartha Sacheti.With this capital infusion, Arihant Foundations is poised…
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Zomato, Paytm, Jio Financial among 55 stocks in focus as BSE revises circuit limits
Shares of Zomato, Paytm, Jio Financial, and 52 other companies will be in focus on Friday after the leading exchange, BSE, revised the circuit limits. Other major names include LIC, Adani Total, Angel One, DMart, Cyient, PB Fintech, Union Bank of India, IRB Infrastructure, Oil India, Indian Bank, and JSW Energy. The price band limits…
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Sensex surges over 750 points, Nifty reclaims 24,100 as bulls attempt a comeback
Indian benchmark equity indices rebounded sharply on Friday after their steepest drop in nearly two months during the previous session, as traders adjusted their positions for the monthly derivatives expiry. The BSE Sensex was trading 770 points, or 0.97%, higher at 79,814. The Nifty50 was up 217 points, or 0.91%, trading at 24,131 around 11:05…
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8 ideas to upcycle old books into home décor items
Old books have a special charm, with their faded pages and old stories. Instead of letting them sit unused, why not turn them into fun and creative home decor? Upcycling old books can add a cosy and unique touch to any room, making your space feel more personal and interesting. In this article, you’ll find…
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Hot Stocks: Brokerage firms see 15-24% upside in Zomato, Divi’s Laboratories & Allied Blenders
Top brokerage firms have shared their insights on select stocks, highlighting robust growth potential and investment opportunities in key sectors. ICICI Securities, Citi, and Jefferies have maintained their bullish stance on Allied Blenders, Divi’s Laboratories, and Zomato, respectively, projecting significant upside based on strong business strategies and market dynamics. These recommendations underline themes such as…
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