BSE and NSE will suspend trading in shares of as many as nine firms, including banking fraud accused Mehul Choksi's Gitanjali Gems, from September 10 for not complying with listing norms pertaining to submission of financial results.
According to the latest depository data, foreign portfolio investors (FPIs) pumped in Rs 24 bn into equities and Rs 51.6 bn into the debt market during August 1-17, taking the total to Rs 75.77 bn.
Sebi is planning to broaden the scope of cybersecurity initiatives for the market infrastructure institutions (MIIs) and look into the operational modalities of their implementation in order to deal with the cyber challenges.
Four of the top 10 valued Indian firms together added Rs 34,982.23 crore to their market valuation last week, with ITC emerging as the biggest gainer.
Trade talks between China and the US, movement of Turkish lira and rupee would take centre stage this week and dictate the trend in the equity markets, say experts.
Easing inflation data along with braodly positive global cues lifted the key Indian equity indices during the week with the NSE Nifty50 ending at a record closing level.
The benchmark Sensex extended gains for the fourth straight week, as the benchmark Sensex garnered 78.65 points to finish at 37,947.88, while the broader Nifty hit fresh all-time highs at 11,470.75, rising 41.25 points.
Wholesale debt market segment of the National Stock Exchange today witnessed a total turnover of Rs.624.80 crore in 21 trades.
Chinese content aggregator Qutoutiao Inc, which is backed by technology giant Tencent Holdings Ltd, filed for an initial public offering of up to $300 million with the U.S. Securities and Exchange Commission on Friday.