Latest Stock Market News

Suzlon Energy has been issued an advisory cum warning letter from both the National Stock Exchange (NSE) and BSE Ltd, regarding non-compliance with the Securities and Exchange Board of India (SEBI) Listing Obligations and Disclosure Requirements.

The Reserve Bank of India on Tuesday released a report recommending changes in methodology of the Mumbai Interbank Outright Rate (MIBOR) while proposing a change to a new secured money market benchmark for widely used derivative products.

A strong net inflow by foreign portfolio investors (FPIs) in September has turned their total secondary market investment in Indian equities positive for the calendar year so far to $4,140.3 million (Rs 34,554 crore) compared with a net outflow of $1,417 million (negative Rs 11,998 crore) at the end of August.

FMCG major Dabur India is expected to post a mid-single digit decline in consolidated revenue for the quarter ended September 30, 2024 amid correction in its India operations though the international business is expected to register double digit constant currency growth in topline, the company said in its quarterly update on Tuesday.

Reliance Infrastructure on Tuesday said its board has approved a proposal to raise Rs 2,930 crore by issuing unsecured foreign currency convertible bonds (FCCBs) to VFSI Holdings Pte Limited.

Oil prices turned positive on Tuesday, jumping about 3%, following reports Iran was preparing to launch a missile attack on Israel.

To account for market growth, Sebi is raising the minimum contract size for index futures and options to Rs 15 lakh from the current Rs 5-10 lakh range. This change reflects the threefold increase in market values since the limit was last set in 2015.

Taiwan will close its stock market on Wednesday due to Super Typhoon Krathon. Schools and offices are also closed in many parts of Taiwan. Taiwan has been experiencing typhoons and has canceled flights, ship sailings, and some train services.

Market regulator Sebi has tightened the derivative norms by rationalising the weekly expiry contracts for the options segment. Under the new rules, exchanges can offer expiry contracts for only one index.