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On April 14, Singapore Exchange (SGX) issued a notice saying full-scale operation of the NSE IFSC-SGX Connect with the transition of SGX Nifty derivatives to NSE IFSC will take place on 3 July 2023.

The relaunch is a fresh attempt by the exchange under the new management led by Sundararaman Ramamurthy to revive its fortunes and capture a pie of the market share dominated by rival NSE. But brokers, traders and market participants are doubtful if this fresh thrust alone will be enough to bring the listed BSE back into the game in a big way.

Data indicating further softening of economies in Europe and Asia as well as heavy attacks by Russian forces on Ukranian capital Kyiv also deterred investors from making aggressive bets.

​Brokerage house Motilal Oswal lists four of its top weekly stock picks for 13-38% returns.

The Securities and Exchange Board of India (SEBI) has proposed the granting of special board nomination rights to unitholders of REITs and InvITs, according to a consultation paper. SEBI has recommended a unitholders council for decision-making and proposed the introduction of a framework for self-sponsored REITs and InvITs. Currently, unitholders of such securities lack control over operations. In its consultation paper, the regulator noted that special or differential rights via board nomination are proposed to be granted to certain investors via the offer document.

According to a report by ICICIDirect, top mutual funds bought and sold these 10 smallcap stocks in April

​Point two, the age old myth which has been there in the capital markets is December is a bad month for the markets, because the FIIs want to wrap up their show before Christmas. That clearly is exactly the opposite.

Revenue from operations, too, dropped 4% to Rs 13,691 crore during the reporting quarter, compared with Rs 14,339 crore in the year ago quarter. The board has recommended a final dividend of Rs 2 per equity share of the face value of Rs 1 each for the financial Year 2022-23.

Bharti Airtel, India’s second-largest telco, reported a 50% YoY increase in its consolidated net profit for the fiscal Q4 as it benefited from a one-time exceptional gain from its Africa business and saw strong 4G user additions and increased data and voice services consumption. Revenue grew by 0.6% sequentially and 14.3% YoY, while mobile revenue grew just over 1% sequentially and 12% YoY. The telco’s shares closed 1.44% lower after it recommended a final dividend of Rs. 4 per fully paid-up equity share of face value of Rs. 5 each.

Shemaroo noted that its general entertainment channels have a viewership share of over 9% in the overall Hindi GEC genre. The contribution of B2C revenue as a percentage of total revenue has doubled in FY23 compared to FY22 and now contributes to around 1/3 of the overall revenue