Business Standard

Share Pledging

Markets fall 10% from record highs on FII outflows, weak earnings

Benchmark indices Sensex and Nifty after smashing many record peaks this year, slipped into a correction mode, with the NSE key gauge falling over 10 per cent from its record high hit in September amid concerns of foreign investors fleeing the domestic market, weak Q2 earnings and stretched valuations. The BSE benchmark Sensex hit its record peak of 85,978.25 on September 27 this year, and the NSE Nifty also reached a lifetime high of 26,277.35 on the same day. However, markets came under bear attack from October onwards. The BSE benchmark gauge is down a massive 8,397.94 points or 9.76 per cent from its all-time high, and the Nifty has also lost 2,744.65 points or 10.44 per cent from the record. "Elevated valuations had already raised concerns, but a stimulus package in China prompted a significant shift in Foreign Institutional Investor (FII) flows from India to China. This exodus was further fuelled by weak Q2 earnings, while a rise in US bond yields and the dollar index added ..

Markets fall 10% from record highs on FII outflows, weak earnings
Updated On : 15 Nov 2024 | 5:42 PM IST

Reducing pie: Promoter pledging dips during March quarter, shows data

KPIT Technologies' promoter cut their outstanding pledges to zero

Reducing pie: Promoter pledging dips during March quarter, shows data
Updated On : 08 May 2023 | 8:10 PM IST

Adani Ent zooms 7% as Group CFO refutes report of incomplete debt repayment

The Group refuted The Ken news report, stating it as "baseless and deliberately mischievous".

Adani Ent zooms 7% as Group CFO refutes report of incomplete debt repayment
Updated On : 29 Mar 2023 | 10:51 AM IST

Adani Group loan repayment: How do promoters raise money through pledging?

Adani Group: The repayment of the loan will release the pledge on shares of promoters in four Adani Group companies, Adani Enterprises, Adani Ports, Adani Green Energy and Adani Transmission

Adani Group loan repayment: How do promoters raise money through pledging?
Updated On : 08 Mar 2023 | 10:40 AM IST

Gautam Adani in talks to prepay share pledges to boost confidence: Report

The move would see lenders release some of the stock in Adani Group companies that was pledged as collateral, according to the person

Gautam Adani in talks to prepay share pledges to boost confidence: Report
Updated On : 03 Feb 2023 | 8:19 AM IST

Share pledge by promoters of commodity firms increase after pandemic

Data collated by BS Research Bureau shows Hindustan Zinc and Vedanta have topped the list of companies where the promoters' pledged stake is the highest as of June-end

Share pledge by promoters of commodity firms increase after pandemic
Updated On : 31 Oct 2022 | 6:15 AM IST

Sebi clarifies on norms pertaining to instruction slips for share pledging

To curb the misuse of Power of Attorney (PoA) given by clients to stock brokers, Sebi on Thursday widened the scope of the Demat Debit and Pledge Instruction (DDPI) for pledging and repledging of securities for margin purposes. Mutual fund transactions executed on stock exchange order entry platforms and tendering of shares in open offers through stock exchange platforms will also be covered under the DDPI, the Securities and Exchange Board of India (Sebi) said in a circular. The DDPI serves the same purpose of PoA and significantly mitigate the misuse of PoA. The guidelines, which will be effective from November 18, also comes against the backdrop of instances of misuse of PoAs. "In view of the representations by and consultations with broker associations and depositories, it has been decided to widen the scope of DDPI to include mutual fund transactions being executed on stock exchange order entry platforms and tendering shares in open offers through stock exchange platforms," S

Sebi clarifies on norms pertaining to instruction slips for share pledging
Updated On : 06 Oct 2022 | 7:44 PM IST

Sebi extends last date for implementation of new pledging system to Sept 1

Earlier deadline was July 1; Move follows request by depository firms tasked with readying the backend for the new system for extension as the "changes to the systems are still under process"

Sebi extends last date for implementation of new pledging system to Sept 1
Updated On : 01 Jul 2022 | 5:33 PM IST

Promoter pledging rises 1.7% in Q4FY22 amid increase in market volatility

The value of pledged promoter holdings stood at Rs 2.1 trillion - 0.86 per cent of the total market capitalisation of the BSE 500 Index

Promoter pledging rises 1.7% in Q4FY22 amid increase in market volatility
Updated On : 09 May 2022 | 12:10 AM IST

Primary market stability

Sebi's decisions will improve investor confidence

Primary market stability
Updated On : 29 Dec 2021 | 11:19 PM IST

Stakeholder pledging is falling, hinting deleveraging during pandemic

Trend suggests those who had pledged their shares chose to redeem it as markets soared rather than borrow more heavily.

Stakeholder pledging is falling, hinting deleveraging during pandemic
Updated On : 20 Dec 2021 | 11:49 PM IST

Promoter share pledging declines for second straight quarter in Q1FY22

The value of promoter pledged holdings stood at Rs 1.7 trillion, 0.81% of total market cap of BSE 500 index

Promoter share pledging declines for second straight quarter in Q1FY22
Updated On : 10 Aug 2021 | 1:36 AM IST

Laurus Labs falls 5% as promoters sell 1.3% stake in company

Laurus Labs said the significant part of the above amount shall be utilized to release the pledge on their equity shares of the company

Laurus Labs falls 5% as promoters sell 1.3% stake in company
Updated On : 05 Mar 2021 | 2:35 PM IST

Volumes sustain in September despite new margin, share pledge norms

Cash market average daily turnover value stood at Rs 58,700 cr last month

Volumes sustain in September despite new margin, share pledge norms
Updated On : 06 Oct 2020 | 12:59 AM IST

Promoters turned cautious with share pledging in June quarter, shows data

The brokerage said the decline is on account of rejig in the BSE 500 index and also due to the complete release of pledged shares in case of some companies

Promoters turned cautious with share pledging in June quarter, shows data
Updated On : 06 Aug 2020 | 6:02 AM IST

Promoter pledging in Apollo Hospitals may come down to 20-25%, says CFO

The promoter group shareholding in AHEL was around 30.80 per cent at the end of September, 2019, of which around 66.19 per cent is pledged, according to regulatory filing

Promoter pledging in Apollo Hospitals may come down to 20-25%, says CFO
Updated On : 17 Nov 2019 | 9:13 PM IST

Companies with high promoter share pledging punished by the bourses

Analysts say investors have turned wary of firms with high promoter pledging, given rising corporate debt

Companies with high promoter share pledging punished by the bourses
Updated On : 14 Aug 2019 | 9:57 PM IST

Sebi's move to tighten share pledging norms will improve customer security

The new rule requiring brokers to sell shares if they are not paid for in five days will make margin trading less attractive

Sebi's move to tighten share pledging norms will improve customer security
Updated On : 25 Jun 2019 | 12:21 AM IST

CG Power, Kwality: Promoters pledge 100% holding in December quarter

Share pledging means taking a loan against the shares that one / promoter holds. The promoters can pledge their shares in order to meet various business or personal requirement.

CG Power, Kwality: Promoters pledge 100% holding in December quarter
Updated On : 21 Feb 2019 | 12:57 PM IST

Rise in pledged shares by promoters puts Dalal Street on the edge

So far in 2019, more than Rs 16,000 crore worth of share has been pledged by the promoters

Rise in pledged shares by promoters puts Dalal Street on the edge
Updated On : 19 Feb 2019 | 12:47 AM IST