As the results season kicks in, the quarterly earnings numbers of several blue-chip firms -- such as Infosys and Reliance Industries -- along with global trends and trading activity of foreign investors, will determine equity market movement in the holiday-shortened week ahead, according to analysts. The domestic WPI inflation data for June -- scheduled to be announced on Monday -- will also influence trading sentiments, traders said. Markets will remain closed on Wednesday for Muharram. Among major quarterly earnings to be tracked this week are from HDFC Life Insurance Company, Bajaj Auto, BPCL, JSW Steel, Asian Paints, Infosys, and Reliance Industries. "Q1 earnings will be a key focus this week as numerous companies, including heavyweights Infosys, and Reliance, are set to release their results. Additionally, pre-Budget discussions are expected to contribute to market volatility," Santosh Meena, Head of Research, Swastika Investmart Ltd, said. On the global front, a significant
The US, the world's largest equity market, will transition to the T+1 (trade plus one day) settlement cycle on Tuesday
Trading platform ICICI Direct with 1.8 million active users, resumed trading at 10:20 after multiple delays
Capital markets regulator Sebi has rejected a proposal by the National Stock Exchange (NSE) to extend the trading hours in the equity derivatives segment citing a lack of feedback from the stock brokers community. "Currently, there is no plan to extend the timings as Sebi has returned our application as the stock brokers have not given the feedback that Sebi wanted. So, as of now, the extended time frame (plan) is shelved," NSE MD and CEO Ashishkumar Chauhan said in a post-earnings analysts call. This came after the NSE had urged Sebi to extend trading hours in the equity derivatives segment in a phased manner. This was aimed at potentially curtailing the overnight risk arising from global information flow. Sriram Krishnan, Chief Business Development Officer of NSE, had told PTI in September that the bourse was planning a session from 6 pm to 9 pm after a break from the closure of the regular session from 9.15 am to 3.30 pm. Based on the response, a gradual extension of the market .
By definition, 'trading hour' is defined as the time span during which a stock exchange is open. During this period, shares and derivative contracts are bought and sold
Consensus from all associations of standards forum needed before submissions to Sebi
The Reserve Bank of India (RBI)'s announcement came a day after the Centre announced that all central government offices will be closed for half a day
The development follows after discussions with markets regulator Securities and Exchange Board of India and the advisory committee to check the preparedness of market infrastructure institutions
Bourse was eyeing a March rollout
Sebi must evaluate costs and benefits carefully
Earlier, NSE had said it had carried out an extensive consultation process for about nine months and had obtained consensus from most industry players
Sebi is assessing whether the extended hours will fuel already high derivative trading volumes and if the trade settlements will be smooth, one source said
The Mid-cap index is displaying robust momentum, with price action headed towards 40,000-level.
The broader trend for the shares of Vodafone Idea continues to remain negative
When Nifty Realty index hits a new 52-week high, the next positive rally shall aim at setting a new all-time high
The last week of this month is usually a good time for markets as it usually gains in the last five trading days of December and the first two trading days of the New Year
Changes effective Dec 12; RBI had shortened market hours for all segments in April 2020
Move follows graded roll-back of lockdown and easing of curbs on movement; restoration of trading hours to be done in phases
Renganathan was the compliance officer and company secretary of EFSL during the investigation period, according to the Sebi order.
Many markets have shortened trading hours, and others are mulling whether to follow suit