NSE announces November 2 as record date for 4:1 bonus issue

NSE announces November 2 as record date for 4:1 bonus issue

The board of the National Stock Exchange (NSE) announced on Tuesday that it has set November 2 as the record date for its 4:1 bonus share issue, which was announced earlier in May. This means that the company will issue 4 bonus shares for each share currently held by its shareholders. “The Bonus Equity Shares … Read more

Brokers, SEs face tougher futures and options as Sebi bids to curb F&O frenzy

Brokers, SEs face tougher futures and options as Sebi bids to curb F&O frenzy

India’s stock brokers are gearing up for challenging times ahead as the likelihood of stricter norms in equity derivatives is expected to aggravate the industry’s woes already weighed down by a slew of regulatory tightening measures and higher taxes on options trading. Broking officials and analysts said the profitability of these firms, especially discount brokers … Read more