Market Liquidity
NSE lowers tick size to 1 paisa: Over 1,300 stocks to be impacted
Analysts believe a lower tick size can bolster price discovery and market efficiency, rendering trading more appealing for both retail investors and traders.
 "NSE lowers tick size to 1 paisa: Over 1,300 stocks to be impacted")
Canara Bank considering stock split on Feb 26 to boost stock's liquidity
Canara Bank on Wednesday said it is planning split of the equity shares of the state-owned bank to boost the stock's liquidity. The decision in this regard will be taken by the bank's Board of Directors in a meeting, which is scheduled on February 26, Canara Bank said in a regulatory filing. The meeting's agenda is "to seek in principle approval from the board of directors for sub-division/split of the equity shares of the bank, subject to prior approval of Reserve Bank of India (RBI) and other statutory/regulatory/Government of India approvals, as may be required," it said. Shares of the bank were trading 4.16 per cent higher at Rs 542.95 per unit on the BSE.
 "Canara Bank considering stock split on Feb 26 to boost stock's liquidity")
Global investors meet: Godrej Consumer to invest Rs 500 cr in Tamil Nadu
The company which already has a strong market share in the state aims to set up a multi-category factory
 "Global investors meet: Godrej Consumer to invest Rs 500 cr in Tamil Nadu")
Banks turning to SDF over liquidity mismatch and 24x7 RTGS facility
Banks earn less for keeping money in SDF, at 6.25 per cent, while call money rates hover around 6.70 per cent
 "Banks turning to SDF over liquidity mismatch and 24x7 RTGS facility")
Monetary policy review: RBI may seek comfort in Rs 1 trn excess fund
Some market participants believe that it will have little impact on the bond market as it is only applicable for a short period of time
 "Monetary policy review: RBI may seek comfort in Rs 1 trn excess fund")
Banks can boost liquidity by drawing down on CRR: RBI governor Das
The fall in the liquidity surplus is owing to multiple factors, including the RBI's interventions in the forex market and a sharp pick-up in bank credit growth, which is currently at nine-year highs
 "Banks can boost liquidity by drawing down on CRR: RBI governor Das")
Yield spread points to the muted market returns, says BNP Paribas
BNP Paribas said it has a cautious stance on the Indian markets amid lack of positive catalyst for further earnings upgrades amid slowing global demand, lofty valuations and a slowdown in retail flows
 "Yield spread points to the muted market returns, says BNP Paribas")
Surplus liquidity slumps to Rs 3K cr on tax outflows, shows RBI data
The RBI's average daily absorption of excess liquidity was at Rs 3.8 trillion during June-July against Rs 5.5 trillion in May and Rs 7.4 trillion a month ago
 "Surplus liquidity slumps to Rs 3K cr on tax outflows, shows RBI data")
ABSL AMC's Bhupesh Bameta beats benchmark with a highly liquid portfolio
Bameta is a fund manager and an economist with Aditya Birla Sun Life Asset Management Company (AMC) and manages the Aditya Birla Sun Life Income Fund
 "ABSL AMC's Bhupesh Bameta beats benchmark with a highly liquid portfolio")
New Covid variant spooks markets; Sensex ends 1,688-pts lower at 57,107
The stocks witnessed their biggest intra-day fall since April 12, 2021, and also their biggest weekly fall since January 29, 2021
 "New Covid variant spooks markets; Sensex ends 1,688-pts lower at 57,107")
Sebi starts cross margin facility on commodity futures to boost liquidity
The move is part of Sebi's effort to improve the efficiency of the use of the margin capital by market participants, the regulator said in a circular
 "Sebi starts cross margin facility on commodity futures to boost liquidity")
Debt investors feel the pinch after Franklin fiasco highlights risks
Existing investors need to scrutinise portfolios carefully, new ones should take expert help
 "Debt investors feel the pinch after Franklin fiasco highlights risks")
Amidst the gloom and doom, the market's exuberance is confounding
For the sake of context, the financial crisis of 2008 had seen the S&P 500 fall by more than 50 per cent from its peak
 "Amidst the gloom and doom, the market's exuberance is confounding")
Chidambaram calls RBI's EMI deferment step half-hearted, ambiguous
'The demand is that all EMI due dates must be automatically deferred,' he said
 "Chidambaram calls RBI's EMI deferment step half-hearted, ambiguous")
Improving liquidity scenario is a positive for markets in 2020: Shiv Sehgal
India trades at 77 per cent from a market cap-to-GDP perspective which is its long-term average, and not expensive, says Shiv Sehgal, deputy CEO, Edelweiss Global Investment Advisors
 "Improving liquidity scenario is a positive for markets in 2020: Shiv Sehgal")
Delinking ratings from credit profile may hit securitisation, says CRISIL
The ability of credit rating agencies and investors to differentiate the credit quality of securitised instruments from their servicers and originators could be affected, says CRISIL.
 "Delinking ratings from credit profile may hit securitisation, says CRISIL")
RBI rejects liquidity window for NBFCs; govt demurs citing cash crunch
The government has pitched to the RBI for alignment of PCA provisions
 "RBI rejects liquidity window for NBFCs; govt demurs citing cash crunch")
Why Indian retail investors won't easily forgive their fund managers
With fund asset values collapsing, what happens if investors get up and leave?
 "Why Indian retail investors won't easily forgive their fund managers")
