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MARKETS
STOCK MARKETS:
Markets this week
The markets opened on Monday lower, tracking weakness in its Asian peers. Fresh buying was seen in bank stocks taking a cue from dip in inflation and falling oil prices, which helped the markets to recover most of its initial losses at close. ...
STOCK EXCHANGES:
SEBI moots hike in cap for select investors in SEs
Feels 5% limit acts as a deterrent. Mumbai, Sept. 5 SEBI has proposed an increase in the shareholding limit in Indian stock exchanges for certain categories of investors to 15 per cent each, against the current limit of 5 per cent. ...
DERIVATIVES MARKETS:
NSE currency futures trade drifts to realistic levels
‘Client participation is yet to pick up’. Mumbai, Sept. 5 Trade in currency futures on the NSE averaged 39,800 contracts a day this week, against 70,000 contracts recorded last Friday, on the first day of introduction of this ...
FINANCIAL SERVICES:
Growth in demat accounts slows down in August
Bear phase, fewer IPOs cited as main reasons. Mumbai, Sept. 5 With not many initial public offerings in the pipeline, the number of demat accounts grew only 1.45 per cent in August; lower than in July when it grew 1.85 per cent. The total ...
STOCKS:
Oil marketing companies gain from fall in crude prices
It helps them reduce under-recoveries. Mumbai, Sept. 5 Oil marketing companies saw their stocks rise through the week as crude oil prices weakened. ...
BUYBACK:
Sasken gets SAT nod for buyback plan
Bangalore, Sept. 5 Sasken Communication Technologies Ltd said on Friday that the Securities Appellate Tribunal (SAT) has allowed the company to proceed with the buyback of its shares. Sasken had appealed to SAT, which resolves disputes between ...
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