BUSINESS
Jane Street unlikely to get any immediate relief against SEBI order, say legal experts
Lawyers specialising in securities market matters say that since SEBI has passed an interim order, SAT could, without providing any kind of stay order, direct the regulator to pass a final order within a specified period.
BUSINESS
After a brief lull, June saw more SME IPOs cross 100x subscription as sentiment revives
In June, a total of 10 SME IPOs saw an over-subscription in excess of 100 times each, with four of those clocking subscription well-above 200 times.
MARKETS
There was no Jane Street in Feb but it was volume as usual in F&O segment
Data shows that there was no real dent on the volume in the equity derivatives segment when Jane Street nearly stopped trading for a few weeks in Feb
BUSINESS
Will continue to monitor F&O with an aim to ensure investor protection and market stability, says SEBI source
In an analysis released in September 2024, SEBI said that individual traders in the F&O market suffered a staggering Rs 1.8 lakh crore in aggregate losses over the past three fiscal years.
BUSINESS
Jane Street ban will not impact derivative volumes, will aid responsible investing and capital formation, says SEBI source
Many market participants have expressed concerns that a ban on Jane Street would affect the volumes as the quantum of F&O trading by Jane Street was the largest on many days and miles ahead of the next biggest participant.
BUSINESS
Jane Street’s 'illegal' strategy made other algo firms wary of taking positions on expiry days, say experts
The SEBI order has sent a strong signal to all HFT firms that bend the rules to make extra profits while making it tough for genuine market participants, say market experts.
BUSINESS
Rs 227 crore: Total cost for making HDB Financial Services a listed entity
The cumulative expense includes Rs 104 crore, which merchant bankers earned as fee for managing the IPO
BUSINESS
CG Power QIP sees bids worth Rs 10,000 crore pour in; MFs, insurance, long-only FPIs biggest bidders
Amongst mutual funds, Axis MF, Aditya Birla MF, WhiteOak Capital MF, and HDFC MF have put in significant sized bids with insurance majors like SBI Life Insurance and HDFC Life Insurance also participating in the QIP in a big way.
MARKETS
CG Power eyes Rs 3,000 crore QIP; issue priced at over 3% discount to market price
The indicative issue price of Rs 660 is nearly three percent lower than the floor price of Rs 679.08 as ascertained by the formula prescribed by the Securities and Exchange Board of India (SEBI).
BUSINESS
Micro SIPs are still ‘micro’ even after four months of launch, with less than 900 accounts
Industry players attribute the subdued growth to an unfriendly regulatory framework at a time when many AMCs already offer SIPs with a minimum value of less than Rs 250.
BUSINESS
Rising oil prices could hurt the business of these sectors and stocks the most
While stocks and sectors across the board have come under selling pressure, certain sectors – oil marketing companies, aviation, paints, tyres, automobiles, chemicals, and fertilizers among others – are likely to see a higher impact due to a higher correlation with oil prices.
BUSINESS
BSE aims to reduce SME IPO timeline; launches AI tool to pre-check DRHPs
According to a circular issued by the exchange, merchant bankers would be given access to a folder to upload the draft documents and the AI tool will quickly highlight areas, which need to be reviewed to prepare the final document to be submitted to the bourse.
BUSINESS
These five PSUs are eligible to exit under SEBI's new relaxed delisting norms
The five eligible companies are KIOCL, HMT, ITI, State Trading Corporation and Fertilisers & Chemicals Travancore.
BUSINESS
Listed for years, still these PSUs have not complied with public shareholding norm: Here's why
Some of the PSUs like Madras Fertilizers, New India Assurance, Mangalore Refinery, MMTC, ITI, HMT, UCO Bank, Central Bank of India, and IDBI Bank among others had a promoter holding well over 85 percent as on March 31, 2025.
BUSINESS
Vedanta to sell 1.6% stake in Hindustan Zinc in deal worth more than Rs 3,000 crore
The floor price for the deal has been fixed at Rs 452.5, a discount of nearly 7 percent to Tuesday's closing price of Rs 485.95 on NSE. The term sheet further added that a total of 66.7 million equity shares will be on offer.
BUSINESS
Merchant bankers earn more than Rs 220 crore as IPO fees in May
The month of May saw a revival of sorts of the primary market with three main board IPOs — Schloss Bangalore (Leela Hotels), Aegis Vopak Terminals and Belrise Industries.
BUSINESS
Israel-Iran Conflict: Geopolitical risk biggest concern for Indian equities, finds Moneycontrol Market Poll
Over 41 percent respondents in the Moneycontrol market poll rated geopolitics as the single-largest risk facing Indian equities, ranking it higher than tariff war, earnings slowdown and expensive valuations.
BUSINESS
Mutual funds are flexing in IPO anchor books and QIB portions, thanks to record SIP flows
In the anchor segment too, the average share of bids of mutual funds has risen significantly in the last few years, from less than 30 percent in 2021 to an average share of nearly 36 percent in IPOs, though it dipped compared to last year.
BUSINESS
Q4FY25 earnings season almost over, experts predict more downgrades in FY26
Most analysts do not sound too bullish about FY26 corporate results, believing that forward earnings may continue to show weakness, and downgrades would surpass upgrades.
BUSINESS
Gold, silver outshine stocks amid volatility and geopolitics, rally likely to extend
In the last fortnight, gold prices have gained nearly 6.5 percent on Comex – the platform for precious metal F&O trades - while silver has seen a rally of more than 10 percent.
BUSINESS
Sebi to soon decide on lenient delisting norms for PSUs with high promoter holding
The Sebi board, scheduled to meet on June 18, is expected to take a final call on a separate voluntary delisting framework for PSUs that have a very high promoter holding – 90 percent or more to be precise.
BUSINESS
Algos are now the dominating force in Indian equities, F&O; share in derivatives nearly 70%
Data from the National Stock Exchange (NSE) shows that algos accounted for 57 percent of all trades done in the equity cash segment in April. In F&O, it was 70 percent in FY25.
BUSINESS
April may be the best month for stocks, February the bleakest: Here’s why
An analysis by Axis Capital has shown that April has seen positive returns on 12 occasions in the last 15 years, the most compared to any other month. On the other hand, February has been the bleakest in terms of monthly returns.
MARKETS
Retail investors turn selective amid strong IPO pipeline; focus on valuations, fundamentals
This is the first time since 2022 that the average retail participation in IPOs has declined in a year. Market experts believe retail investors may now be getting selective, and no longer getting swayed by grey market premiums alone.
