In a consultation paper, SEBI notes traders, mostly individuals, in derivatives on NSE made a cumulative loss of Rs 51,689 crore in FY24, with algorithmic traders & FPIs making profits.
Number of intraday traders rose 4.6 times from FY19 to FY23, the report says. Though loss-makers increased, average loss fell drastically to Rs 5,371 in FY23 from Rs 20,701 in FY19.
The administrative warning was related to two transactions with an unapproved amount of 3.24 billion rupees ($38.8 million) and 360 million rupees each.
Hindenburg issued a response to a show-cause notice from India’s market regulator. Both documents contain new findings on several aspects of the short-seller’s Jan 2023 report on Adani Group.
Without disclosing the name of the investor, Hindenburg said it made $4.1 million in gross revenue through 'gains related to Adani shorts from that investor relationship'.
RBI said India’s rising retail participation in the F&O market may pose several challenges, and the stock of household debt is 'comparatively high' in relation to GDP per capita.
With assets under management (AUM) of Rs 930 billion, Quant Mutual Fund is the fastest-growing fund house in India, ranking 18 out of 44 asset managers in India.
SEBI paper proposes new eligibility criteria for stocks to qualify for futures & options market. The market's strong growth signals that norms need a review to protect investors.
Indians aged 20-30 are trading in options market in droves, but know nothing about it & so keep losing money. If losses mount, it could undo gains India saw in investment culture, analysts fear.
One has to be incredibly credulous to buy BJP spin masters’ argument that the government got rid of Vice President Jagdeep Dhankhar for harmonious relationship with the judiciary.
Modi government had also made numerous efforts to establish peace with Pakistan but has now adopted a different path, militarily, to establish peace, adds defence minister.
As Narendra Modi becomes India’s second-longest consecutively serving Prime Minister, we look at how he compares with Indira Gandhi across four key dimensions.
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