GAGA Share Market News

[hfe_template id='11223'] [ad_1] As the United States imposes steep tariffs on China while pausing similar actions against other countries, including India, analysts say the immediate pressure may shift toward Chinese exports — but the ripple effects could reach India too. In an interaction with ETNow, Jigar Mistry of Buoyant Capital, outlined a more complex picture of the ongoing trade reshuffle. While India appears relatively insulated for now, he warned of potential spillovers from China’s trade displacement. "If China is not allowed to export into the US, then it will try and flood every other market that it is allowed to export to," Mistry said, pointing to historical precedent. He added, "We have seen this story play out with steel in the year 2015 to 2018 onwards, where they started supplying to the Philippines, Thailand, and the Asia-Pac region... even within India, China could start dumping a lot of material." While some market participants v...

[hfe_template id='11223'] [ad_1] Markets regulator Sebi on Friday imposed a penalty totalling Rs 54 lakh on Jaiprakash Power Ventures, its MD and CEO Suren Jain and other top officials for misrepresenting the company's financial statements. Others who have been penalised by Sebi are company's chairperson Manoj Gaur, executive directors -- Sunil Kumar Sharma and Praveen Kumar Singh -- chief financial officer R K Porwal and former whole-time member M K V Rama Rao. They have been directed to pay the fine within 45 days, the Securities and Exchange Board of India (Sebi) said in its 89-page order. This came after the regulator conducted an investigation in the matter of Jaiprakash Power Ventures Ltd (JPVL), a part of the Jaypee Group of companies, to ascertain the possible violations of PFUTP (Prohibition of Fraudulent and Unfair Trade Practices) and LODR (Listing Obligations and Disclosure Requirements) rules. In its probe, Sebi found that the company overstated its...

[hfe_template id='11223'] [ad_1] Foreign direct investment (FDI) equity inflows into India rose 43.1% on-year to $13.6 billion in July-September this fiscal, data released by the Department for Promotion of Industry and Internal Trade (DPIIT) Friday showed. FDI inflows were $9.5 billion in the year ago period. Total FDI, which includes equity inflows, reinvested earnings and other capital, grew 29.4% on-year to $19.8 billion in the second quarter of FY25. As per the data, August saw the highest FDI in the quarter at $6.3 billion from $2.9 billion a year ago. FDI equity inflows had grown 47.8% on-year to $16.17 billion in April-June this fiscal. As per the data, FDI equity inflows have risen 45% in the first half of the fiscal at $29.7 billion with Singapore being the top source of investment followed by Mauritius. Singapore invested $7.5 billion while Mauritius invested $5.3 billion in April-September FY25.Among sectors, maximum inflows were seen in services, computer so...

[hfe_template id='11223'] [ad_1] Nifty futures will start the December series at higher open interest (OI) base with futures rollovers standing at 79% as against 76% averaged over the last three series, Nuvama said in a note. It expects Nifty to trade in a broad range of 23,450 to 25,000 with heightened volatility at play. At Rs 30,800 crore (1.29 crore shares), OI base in December is higher versus Rs 28,100 crore (1.16 crore shares) seen at the start of November series, an analysis by this brokerage revealed. On the expiry day, the roll cost for Nifty was at around 60 bps which was close to the previous day’s 57 bps. Market-wide futures open interest at the start of December series stands at Rs 4.4 lakh crore as compared to Rs 4.1 lakh crore at the start of November series. Meanwhile, market-wide rollovers are at 89%, higher than the three-month average of 88%. For Bank Nifty, rollover reached 76.8% on Wednesday, up from 69.4% in the previous expiry, Axis Securities sai...

[hfe_template id='11223'] [ad_1] Markets regulator Sebi on Friday clarified that investors can continue using 3-in-1 accounts to apply online for public issues of debt securities, non-convertible redeemable preference shares, municipal debt securities, and securitised debt instruments. This is in addition to the existing modes of application, Sebi said in a circular. A three-in-one trading account combines a savings account, a demat account, and a trading account into a single integrated solution. In this case, the clients would have their funds in their bank account, earning interest on the cash balances. The clarification came after Sebi received feedback that there is a need to explicitly specify the usage of 3-in-1 type accounts for making an application in the public issue of debt securities, non-convertible redeemable preference shares, municipal debt securities and securitised debt instruments. Last month, Sebi's board approved a proposal whereby, in addition ...

[hfe_template id='11223'] [ad_1] Wall Street’s sure-fire, money-minting trade of 2024 – going all-in on Big Tech – was upended this week, sparking stock volatility across the board and thrashing momentum-chasing investors along the way. An earnings flop from Tesla Inc. and fears about Alphabet Inc. spending landed just as popular bets in bonds and commodities misfired, adding to the cross-asset disruptions. Yet for all noise, one trend is unmissable: Unloved fringes of the equity landscape – from small caps to banks – are suddenly on a tear and stock picking is back in vogue. With the so-called Magnificent Seven accounting for a historic share of this year’s equity rally, the blind love affair with capitalization-weighted indexes appears to be on shaky ground. Retail and institutional investors are looking to diversify into new market winners by sinking cash into everything from consumer stocks to health care – regardless of the sorry track record for anyone trying to be...