The company's IPO was oversubscribed 8.58 times, with the qualified institutional buyers (QIBs) portion getting oversubscribed 8.38 times, non-institutional investors 10.39 times and retail investors portion 6.47 times.
The markets regulator will also consider new norms for allowing options trading in commodity derivatives market, sources said.
As per two separate circulars issued, while the exchange will shift seven firms to Stage 1 of the Graded Surveillance Measure (GSM), it will transfer 15 to Stage 2.
Ramco Cements, Emami, INOX Wind are on its radar
Retirees and those nearing retirement have been traditionally advised to reduce their exposure to riskier investments such as stocks in favor of bonds and cash. But in the current investing environment, stocks are being viewed as the only game in town for a decent return.
As per the Finance Act, 2017, the income arising by way of a transfer of long-term capital asset, being equity share in a company, will be exempt from tax if such transfer is undertaken after October 1, 2004 and chargeable to Securities Transaction Tax (STT).
Foreign investors pumped in a record Rs 57,000 crore in Indian capital markets in March, buoyed by expectations that BJP's victory in assembly polls is a precursor to more "bold, reformist policies".
Investors in top seven Indian companies saw their fortune grow by a cumulative Rs 45,955.51 crore last week, with SBI and RIL handing the maximum gains.
The company's IPO was oversubscribed 1.90 times, with qualified institutional buyers (QIBs) category getting oversubscribed 3.65 times and retail investors 1.63 times.
The stock market just turned in its worst one-day performance of the year, worries are escalating in Washington and on Wall Street that President Donald Trump's agenda has hit stall speed, and the notion that the Fed will have a free ride seems considerably less certain.
To align the periodic price bandrnmechanism with the new graded surveillance measures (GSM)rnframework, the BSE has decided to do away with weekly andrnmonthly price limits for securities listed on its platform.
At 09:21 hrs, the stock was quoting at Rs 711.50, down Rs 39.60, or 5.27 percent on the BSE. It touched an intraday high of Rs 720.00 and an intraday low of Rs 701.00.
Mutual fund managers purchased stocks worth a little over Rs 2,000 crore in February - making it the seventh straight month of positive inflow in equities- on sustained participation by retail investors.
Damani has already acquired a cult status on Dalal Street — both as a trader and value investor — in little over a decade since wetting his feet in the stock market.
The LSE said in a statement late on Sunday that the commission had asked it to sell its 60 percent stake in fixed-income trading platform MTS to satisfy antitrust concerns over the merger of Europe's two largest market operators.
Interestingly, the stock started firming up after the announcement and climbed to Rs 1382 over the next half an hour. Brokers attributed this rise to short covering of positions. Most likely, informed traders who had sold just before the RBI ban becoming public, would have covered their positions.
Indian stocks are expected to open in the green, with Wall Street overnight notching up fresh all-time highs even as Asian shares were trading mixed early.
In an interview with CNBC-TV18, veteran financial commentator Udayan Mukherjee explained why the likely end of a multi-year rally in the Indian bond market is good news for stock prices and how the market still has some tricky turns to negotiate
"Markets continued to be buoyant on expectation of rate cut by RBI and positive global cues. We are seeing continuation of rally in the rate sensitive sectors led by reality, banks and FMCG which were also supported by budget related sops," said Vinod Nair, Head of Research, Geojit BNP Paribas Financial Services Ltd.
Speaking to CNBC-TV18, Hemant Kanawala of Kotak Mahindra Old Mutual Life, said that the Mukesh Ambani-led Reliance Jio would remain aggressive till it achieves its targeted market share.
Stock market sentiment in the days to come would be driven by the country's first biggest economic event of the year, Union Budget due on February 1, say experts.
Speaking to CNBC-TV18, Harsha Upadhaya, Chief Investment Officer at Kotal Mutual Fund, said the impact of the note ban had only been short-term.
Valuation-wise, Jim O'Neill believe the US market is no longer cheap. "Emerging markets look more interesting than developed markets."
The I-T department had flagged off some 32,000 entities to SEBI, saying they were evading taxes by faking long term capital gains