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"In view of the representations by and consultations with broker associations and depositories, it has been decided to widen the scope of DDPI to include mutual fund transactions being executed on stock exchange order entry platforms and tendering shares in open offers through stock exchange platforms," Sebi said.

The Dow Jones Industrial Average fell 502 points, or 1.68%. The S&P 500 lost 2.14%, while the Nasdaq slipped 2.72%.

"The two results I examined this morning were Samsung and IMD. Both came out with very poor figures. Both stocks fell quite sharply in the afterhours. So, if that is a prelude to what we are going to get, it could be a disappointing earnings season."

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These properties include land parcels, single-storey buildings and a flat located in West Bengal.Inviting bids for the sale of properties in the recovery proceedings against the three companies and their promoters and directors, Sebi said the auction will be conducted online on November 10, from 1030 hours to 1230 hours.eProcurement Technologies Limited has been appointed as the e-auction service provider.

​Sanghvi holds a 4.2 per cent stake in the wind turbine maker.

She pointed out factors like worries over global recession increased the demand for the safe haven, gold, along with a cooled down US dollar index, which diverted some inflow to the gold. Buying of gold by the central bank is another reason behind the rise.

Global markets, especially the US, are still not offering indications for a sustained recovery so volatility is here to stay and participants should plan overnight positions accordingly. Meanwhile, on the index front, the tone would remain positive till the Nifty holds 17,100. We feel the prudent approach is to focus on top-performing stocks from across sectors and use intermediate dips to add them instead of chasing laggards, in hope of a rebound.

"The crude oil prices, which were in a hibernating state for some time now, have started looking up again. Is it the beginning of a trend? I do not know, but there has been a rise in crude oil prices in the last few trading sessions. All these at a time when there are global headwinds."

Govt invites bids to sell 60.7% stake in IDBI Bank

Updated at : 2022-10-07 18:20:01

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The government will divest a 30.48 per cent stake in the lender and the Life Insurance Corp of India (LIC) will sell a 30.24 per cent stake.The Cabinet Committee of Economic Affairs had given in-principle approval for the strategic disinvestment of IDBI Bank in May 2021.

Macrotech Developers surges 5%. Here’s why

Updated at : 2022-10-07 17:20:01

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“We added 4 new projects having 2.2 million sq. ft. of the saleable area with a GDV of Rs 3,100 crore across various micro-markets of MMR and Pune. In H1, we have added Rs 9,300 crore of GDV which is 62% of our full-year guidance of Rs 15,000 of GDV addition,” the company said.

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