INVESTOR INTEREST


Moneylife Digital Team 21 October 2021
We had mentioned in Wednesday’s closing report that Nifty, Sensex may continue to be under pressure. With heavyweights dragging due to selling pressure, India’s key equity indices closed lower on Thursday. The S&P BSE Sensex ended 336 points or 0.55% down at 60,923, while the Nifty 50 closed...

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R Balakrishnan R Balakrishnan 21 October 2021
Building or creating wealth is a question before a lot of people. They have now progressed to having a steady income stream, probably as a beneficiary of the groundwork laid by the previous generation. There is no pressure on the income that is earned—they have large surpluses. This set of...

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Moneylife Digital Team 21 October 2021
Market regulator SEBI has warned registered investment advisers (IAs) not to engage in the unregulated activity by providing a platform for buying, selling or dealing in unregulated products, including digital gold.   In a statement, the market regulator says, “Undertaking such...

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Moneylife Digital Team 21 October 2021
Jubilant Ingrevia Ltd (JIL) is a classic example of what happens when a high-growth company delivers results below market expectations. After the results were announced, the stock tanked 14% from the previous day’s close, erasing all the gains of one month in an hour. We have previously...

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The Reserve Bank of India has imposed monetary penalties on two payment system operators -- Paytm Payments Bank Ltd (PPBL) and Western Union Financial Services Inc (WUFSI) -- as deficiencies were found in regulatory compliance.   The RBI imposed a Rs 1 crore monetary penalty on Paytm...

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Moneylife Digital Team 20 October 2021
Inflationary concerns as well as mixed global cues subdue India's key equity indices on Wednesday. Rising crude oil prices along with mixed Asian markets also dented investors' sentiments. The S&P BSE Sensex ended 456 points or 0.74% down at at 61,259.96, while the Nifty 50 closed at...

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Moneylife Digital Team 20 October 2021
JB Chemicals & Pharmaceuticals Ltd (JBCPL) is a great example of how change in management can alter market perception towards the company. In 2020, KKR bought 54% stake from promoters of JBCPL for Rs3,100 crore. From the date of announcement of the acquisition (2 July 2020) to the present...

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Moneylife Digital Team 19 October 2021
We had mentioned in Monday’s closing report that Nifty, Sensex may consolidate or continue its rally. On Tuesday, the indices opened higher and ended with a loss. The market snapped its winning streak of eight sessions today. Broadly all major market indices witnessed correction today leaving...

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Moneylife Digital Team 19 October 2021
The National Stock Exchange (NSE) has expelled Chennai-based First Futures And Stocks Pvt Ltd due to a shortfall of client funds and non-resolution of investor complaints. With this expulsion, the number of brokers expelled by NSE since January 2018 has gone to 35.   In a release, the...

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Moneylife Digital Team 18 October 2021
Indian stock market ended Monday higher for the seventh day in a row. The 50-share NSE Nifty 50 ended the day up 0.8% at 18,450 points, while the S&P BSE benchmark Sensex closed 460 points higher at 61,765 points. Bank and IT stocks were the top contributors in today trading. The current...

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Moneylife Digital Team 18 October 2021
Market regulator Securities & Exchange Board of India (SEBI) has asked registrars to issue and share transfer agents (RTAs) to transmit securities in favour of surviving joint-holder(s) in the event of the demise of one or more joint holder(s).     In a circular, SEBI says,...

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Moneylife Digital Team 18 October 2021
The Reserve Bank of India (RBI) has imposed a monetary penalty of Rs1.95 crore on Standard Chartered Bank - India (StanChart) for non-compliance with RBI's directions on customer services.    RBI found StanChart failed to credit the amount involved in the unauthorised electronic...

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Venkatachari Jagannathan (IANS) 18 October 2021
Transparency is certainly at a premium in cash-rich Insurance Regulatory and Development Authority of India (IRDAI) that had earned over about Rs268 crore during FY19-20, mostly from policyholders and has fixed deposits of over Rs1,450 crore, a senior official said.   While...

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Moneylife Digital Team 18 October 2021
Recent changes made by the Securities and Exchange Board of India (SEBI) will tighten the rules governing related-party transactions (RPT) and ease the delisting process, says Fitch Ratings.   In a note, the ratings agency says, "The revised RPT norms will widen the scope of scrutiny...

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Moneylife Digital Team 18 October 2021
Updated to include a response from ICICI Securities on resolving the issue   Many customers of ICICIdirect on Monday faced issues with login and placing orders on the website. ICICIdirect says the issues were due to system upgradation, and its services were not available. Even the...

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Moneylife Digital Team 14 October 2021
We had mentioned in previous week’s closing report that Nifty, Sensex were on a strong rally.   The major indices have reached new high this week and closed with major gains.     On Monday, the indices opened higher, touched record highs and ended with gains. On the...

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Moneylife Digital Team 14 October 2021
INDIAN MARKET TRENDS From 8th October to 13 October 2021, ML Micro-cap Index rose 3%. ML Large-cap Index and ML Mid-cap Index rose 2% each. The NIFTY, ML Mega-cap Index, the Sensex and ML Small-cap Index rose 1% each.                                                

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Moneylife Digital Team 14 October 2021
We had mentioned in Wednesday’s closing report that Nifty, Sensex have gained fresh strength from corporate actions and results. On Thursday, the indices opened higher, reached record levels and ended with major gains. On the NSE, there were 992 advances, 997 declines and 6 remained...

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Moneylife Digital Team 14 October 2021
NJ Mutual Fund has launched its maiden scheme called NJ Balanced Advantage Fund (BAF), an open-ended dynamic asset allocation scheme. The group, which is known for its might in distributing mutual fund (MF) products, received approval from Securities and Exchange Board of India (SEBI) in...

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Moneylife Digital Team 14 October 2021
Krsnaa Diagnostics (Krsnaa) got listed in August 2021 and has come out with its first quarterly and half-yearly earnings. We analysed its initial public offering (IPO) here. Krsnaa is a large and differentiated diagnostic service-provider that provides a range of technology-enabled diagnostic...

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