Households losing Rs 60,000 cr a year on derivative bets: Buch

Households losing Rs 60,000 cr a year on derivative bets: Buch

Sebi chairperson Madhabi Puri Buch on Tuesday said households are losing up to Rs 60,000 crore a year in the problematic futures and options segment. Speaking at an event at the largest equity bourse NSE, Buch wondered why such bets in the derivative markets should not be called as a “macro issue”, as it had … Read more

“Sad to see losses”: Angry Zerodha users take to social media to complain of fresh glitch

“Sad to see losses”: Angry Zerodha users take to social media to complain of fresh glitch

Multiple Zerodha users on Monday took to social media to complain about tech glitches related to placed orders. While the broker updated that the glitch has been fixed, investors expressed their anger on social media. “10 lakh lost due to Zerodha. 9.15 orders executed 1.5 hours later. Zerodha, what the hell. This is money we … Read more

market capitalisation: PSUs lose Rs 2.41 lakh crore in a single day

market capitalisation: PSUs lose Rs 2.41 lakh crore in a single day

Mumbai: The selloff in shares of state-owned companies on Tuesday resulted in their total market value eroding ₹2.41 lakh crore in a single day. Following the state election results on December 3, the market capitalisation of public sector companies has gained more than ₹10 lakh crore till Saturday. The losses incurred on Tuesday represent almost … Read more