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"It was felt that the threshold should be aligned with the threshold of high value debt listed entity to have uniformity in the regulations.This would also be a breather for companies with outstanding long term borrowings of less than ₹500 crore to prepare themselves for compliance with these provisions once the framework becomes applicable to them," Sebi said.

​​“Our model suggests Nifty is following CY14,CY17 playbook, wherein post large consolidation breakouts, intermediate corrections to the tune of 5-7% always presented buying opportunity to ride structural bull run with key support at 18,600,” said the retail brokerage in a note on August 10.

​​The tribunal has quashed Sebi’s direction barring NSE’s former CEO Chitra Ramkrishna from holding any position in stock exchanges or listed companies for three years and three other former officials

Hero MotoCorp reported a 32% growth in net profit for the quarter ended June to Rs 825 crore. Revenue from operations grew 4.5% YoY to Rs 8,767 crore.

Despite market downturn, six stocks from the BSE large index achieved new highs within the previous 52 weeks.

The company exports Make-in-India metallic flexible flow solutions to over 85 countries. Exports contribute more than 80% to the total revenues. The IPO, with a face value of Rs 2 per equity share, comprises a fresh issue of equity shares worth up to Rs 160 crore and an offer-for-sale of up to 17.5 million equity shares by the promoting shareholders.

Kotak Institutional Equities had expected net profit to grow 40.3% to Rs 875.90 crore and revenues to increase 7% led by a 10% increase in average selling price (ASP) due to price increases and a richer product mix.

The company attributed the drop in net profit to depreciation, amortisation and interest increase of Rs 353 crore over last year primarily related to the biosimilar business acquisition cost.

Moreover, out of 120 entities, 116 cases are old (97 per cent) and the violation period dates back to over a decade ago, the Securities and Exchange Board of India (Sebi) said in a statement.

A small negative candle was formed on the daily chart with minor upper and lower shadows. Technically, this pattern indicates sideways movement in the market with a weak bias at the crucial resistance of 19,650 levels