capital market

FIU notifies fresh money laundering, terror financing reporting alerts for capital markets

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FIU notifies fresh money laundering, terror financing reporting alerts for capital markets

New Delhi: A fresh set of ‘alert indicators’ have been issued by India’s financial intelligence unit (FIU) for capital markets, insurance companies, online payment gateway intermediaries and crypto currency service providers for effective checking of suspicious transactions in their channels as part of the anti-money laundering and counter-terrorism financing regime. These new guidelines have been … Read more

Deepak Builders & Engineers files draft papers with Sebi to raise funds via IPO

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Deepak Builders & Engineers files draft papers with Sebi to raise funds via IPO

Engineering and construction company Deepak Builders & Engineers India Ltd has filed preliminary papers with capital markets regulator Sebi to raise funds through an initial public offering. This is the first company to file the draft papers with Sebi for floating a maiden public issue in the current financial year (2024-25). The initial public offering … Read more

Bharti Hexacom IPO booked 50% so far on Day 2. Check GMP and other details

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Bharti Hexacom IPO booked 50% so far on Day 2. Check GMP and other details

After a steady response on Day 1, the initial public offering (IPO) of Bharti Hexacom was subscribed 50% so far on the second day of the bidding process. The Rs 4,275 crore issue will close on April 5. The category reserved for retail investors was booked the most at 79%, followed by NIIs at 71% … Read more

SEBI questions mutual funds over selling misleading small-cap schemes to elderly citizens

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SEBI questions mutual funds over selling misleading small-cap schemes to elderly citizens

SEBI, the regulatory authority in India, is stepping up its oversight of small-cap funds. They’re now seeking information from individual asset management companies (AMCs) regarding the sale of these funds to super senior citizens. This move aims to ensure greater protection for elderly investors. The news was initially covered by Mint. Investment advisors suggest that … Read more

Bubble bath on Dalal Street: Small, midcaps catch a cold

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Bubble bath on Dalal Street: Small, midcaps catch a cold

Mumbai: Indian equity benchmarks tumbled nearly 1.5% on Wednesday, defying Wall Street‘s overnight gains, as investors spooked by the recent freefall in small-cap and mid-cap stocks rushed to offload riskier holdings. Brokers pushed traders to liquidate bets in smaller shares bought on loans following the capital market regulator’s recent warnings of ‘froth’ and ‘bubble’ in … Read more

Ease of doing biz: Sebi mulls relaxing enhanced disclosure framework for certain FPIs

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Ease of doing biz: Sebi mulls relaxing enhanced disclosure framework for certain FPIs

Capital markets regulator Sebi on Wednesday proposed relaxing rules for certain Foreign Portfolio Investors (FPIs) from enhanced disclosure requirements in a bid to promote ease of doing business. In its consultation paper, the regulator suggested exempting category I university funds and university-related endowments FPI that meet specific criteria from enhanced disclosure requirements. Additionally, it proposed … Read more

FPIs cautious on equities; take out Rs 3,776 cr in Feb so far on spike in US bond yields

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FPIs cautious on equities; take out Rs 3,776 cr in Feb so far on spike in US bond yields

Foreign investors adopted a cautious approach offloading Indian equities worth close to Rs 3,776 crore so far this month owing to a spike in the US bond yields and uncertainty over the interest rate environment in the domestic as well as the global front. In contrast, they are bullish on the debt market and injected … Read more

There is a vertical growth in the capital market and money flow will become bigger as we go forward: Raamdeo Agrawal

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There is a vertical growth in the capital market and money flow will become bigger as we go forward: Raamdeo Agrawal

Raamdeo Agrawal, Chairman & Co-founder, Motilal Oswal Group, says “the capital market was extremely strong over October and November. September was very good. October was somewhat weaker. November picked up, but December was out of the charts and January is even better than December. So, momentum is picking up, as we come closer to budget … Read more

Muthoot Microfin shares to list on Tuesday. What GMP signals ahead of listing?

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Muthoot Microfin shares to list on Tuesday. What GMP signals ahead of listing?

Muthoot Microfin listing: The shares of Muthoot Microfin will likely get listed on the exchanges on December 26. Ahead of the listing, the company’s shares are commanding a premium of Rs 26 in the unlisted market.Considering the upper price band of Rs 291, the company’s shares are expected to list with a mild premium of … Read more

Disclosure norms: FPIs may get 3 months to cut exposure

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Disclosure norms: FPIs may get 3 months to cut exposure

Foreign portfolio investors (FPIs) looking to avoid making greater disclosures are likely to be given a shorter deadline to pare their investments than what was originally planned by the capital market regulator. The custodians of these foreign funds have told the Securities and Exchange Board of India (Sebi) that existing FPIs can cut their investments … Read more