Mumbai: The automobile sector witnessed the highest foreign inflows worth ₹5,020 crore in the second half of June, after witnessing outflows worth over ₹15,700 crore between January and May. “The fall in interest rates and pick up in rural demand has made the auto sector attractive, especially since the valuation has become very comfortable,” said…
READ MOREMumbai: Shares of cement companies have seen renewed buying interest in the past few weeks following a rise in prices, expectations of strong first quarter results despite the onset of monsoons, and an expected FY26 rebound from circumspect sales last year. Analysts said that even on the technical charts, some stocks indicate a breakout. Companies…
READ MORECo-working centre operators have rented 65 lakh square feet of office space during the January-June period this year across seven major cities, up 48 per cent on an annual basis, on rising demand for managed and flexible workspaces from corporates, according to Colliers India. Co-working operators leased 44 lakh square feet in the corresponding period…
READ MOREAsian shares posted modest moves at the open as investors awaited progress on trade deals with the US ahead of the July 9 deadline imposed by President Donald Trump. Indexes in Japan, Australia and South Korea posted small declines after Trump administration officials signaled Aug. 1 as the date for higher levies to kick in…
READ MOREGlobal proprietary trading powerhouse Jane Street Group LLC, which has made headlines for alleged manipulation in India’s derivatives market through associate entities, had offered a Rs 4.3-crore annual package to an IIT Madras student prior to the Sebi ban order. The viral news of this extraordinary offer highlighted Jane Street’s lucrative compensation and rigorous recruitment…
READ MOREJane Street Group LLC, a US-based global proprietary trading powerhouse, which allegedly manipulated the Indian derivatives market, employed a strategy called ‘Marking the close’ on the Nifty index options. Here is a 5-point explainer on how this strategy works and why it is illegal: 1) Any option contract has an underlying stock, and its premium…
READ MORESebi’s crackdown on Jane Street has jolted the country’s financial markets, exposing regulatory blind spots and triggering urgent debate over whether the regulator can keep pace with the speed, complexity, and scale of modern derivatives trading. As the dust settles, all eyes are now on the regulator’s next move, and whether it can restore trust…
READ MOREIt is not just the Jane Street Group LLC that saw promise in India’s lucrative derivatives markets. There are half-a-dozen other global trading giants which are fighting for a larger pie. Among them are US-based Citadel Securities, IMC Trading, Millennium and Netherlands-based Optiver. A Reuters report said that these firms are ratcheting up their presence…
READ MOREAfter a strong move in the week before this one, the Nifty spent the last five sessions largely consolidating in a very defined range. The markets traded with a weak underlying bias and lost ground gradually over the past few days; however, the drawdown remained quite measured and within the expected range. As the markets…
READ MOREEmbassy Office Parks REIT, India’s leading listed REIT and Asia’s largest office REIT by area has raised ₹1,550 crore through a combination of Non-Convertible Debentures (NCDs) and term loan facilities, is earmarked for refinancing existing debt and is projected to deliver annual interest savings of approximately 113 basis points (bps).The strategic financial move includes ₹750…
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