Latest Stock Market News

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.

Jaro Institute of Technology Management and Research, All Time Plastics Ltd, Scoda Tubes and Dev Accelerator have filed preliminary papers with capital markets regulator Sebi to raise funds through initial public offerings (IPOs).

Capital markets regulator Sebi has sent demand notices to industrialist Venugopal Dhoot and two other entities, asking them to pay nearly Rs 1.03 crore for insider trading activities in the shares of Videocon Industries.

Indian benchmark indices ended Tuesday nearly flat with minor losses, as gains in IT stocks like Tech Mahindra were countered by declines in Reliance Industries and HDFC Bank. The BSE Sensex fell 33 points to 84,266, while the NSE Nifty dropped 14 points to 25,797.