Sebi had initiated an investigation to ascertain whether certain persons or entities had traded in the scrip of Zee Entertainment while they were in possession of information regarding some steps taken by Essel Group of which Zee Entertainment is a part.
Prior to the transaction, Micro Labs held 8.84 per cent stake in the pharmaceutical company.
At close of trade, the market capitalisation of BSE-listed companies stood at Rs 2,43,73,800.36 crore.
Brent crude futures were $1.22, or 1.7 per cent, higher at $72.29 a barrel at 1355 GMT. U.S. West Texas Intermediate (WTI) crude futures climbed $1.36, or 2 per cent, to $68.78 a barrel.
In 2020, Sebi introduced the new margin rules for day traders under which stock brokers were now mandated to collect minimum margins on leverage-based trade upfront as against the earlier practice of collecting it at the end of the day.
The fund had generated annualized returns of 20 per cent since its launch in August 2004 as against Nifty50 TRI’s 15.9 per cent compounded annual returns.
During the Fed chief’s speech both the S&P500 and NASDAQ index hit their lifetime highs, indicating that investors were largely happy with what they heard. Analysts believe the reaction of the US market bodes well for Indian equities next week.
At the time, the company’s management suggested that better days lay ahead. Kotak Institutional Equities believes they indeed do.
The US Fed is currently buying bonds worth $120 billion ($ 80 billion of Treasury Securities and $40 billion of mortgage-backed debt) since March 18, 2020. As on this date, the Fed had assets worth $4.7 trillion which has since increased to $7.8 trillion as on April 14, 2021.
The Dow Jones Industrial Average rose 18.0 points, or 0.05 per cent, at the open to 35231.11.
Warning! Information Posting in this website is only for educational purpose. We are not responsible for losses incurred in Trading based on this information.