The FinTech Hub
Source: Live Mint The protagonist, a farmer from a small town near Bengaluru, is now facing a staggering ₹69 crore tax demand. The man did not wish to be identified, so we will refer to him as AN for ease of narration. What began as a brief stint in futures and options (F&O) trading a…
Source: Live Mint The Securities and Exchange Board of India (Sebi) may revise the ₹500-crore exposure or open interest limit each in index futures and options introduced for institutional investors—foreign portfolio investors and mutual funds—after the covid-19 outbreak in March 2020. The markets regulator proposes to change the methodology for measuring open interest (OI), the…
Source: Live Mint The National Stock Exchange (NSE) announced on Friday, December 20, the exclusion of futures and options (F&O) contracts for 16 securities, including Dr Lal Pathlabs, PVR INOX, and City Union Bank, among others. NSE said that, with effect from February 28, 2025, no new expiry contracts will be introduced for these securities….
Source: Live Mint The inclusion of Adani Green Energy and Adani Energy Solutions in the futures and options (F&O) segment of the National Stock Exchange drew huge participation from traders and investors, sending these two stocks soaring. Friday’s outsized gains helped the shares of Adani Green Energy (up 21%) and Adani Energy Solutions (up 13.4%)…
Source: Live Mint A recent Sebi report highlighted the significant losses individual traders incurred in the equity futures and options (F&O) segment between FY22 and FY24. A whopping 91.1% of these traders lost money in FY24, and the average loss per head was ₹1.20 lakh. During FY22-FY24, 11.3 million traders incurred a combined net loss…
Source: Live Mint The National Stock Exchange (NSE) announced on Wednesday, November 13, that it has introduced F&O contracts on 45 new stocks with effect from (w.e.f) November 29, 2024. According to the NSE circular, Zomato, Jio Financial Services, and Avenue Supermarts (DMart) were among the notable entrants. “Members are hereby notified that the futures…
Source: Live Mint Foreign investors upped the ante in Indian markets on the second day after the US Federal Reserve’s larger-than-expected interest rate cut, catapulting the benchmark Nifty 50 and Sensex indices to fresh highs. To be sure, part of the ₹14,000 crore provisional buying by foreign institutional investors on Friday was due to index…
Source: Live Mint But first, what’s a portfolio investment scheme? It’s an arrangement introduced by the Reserve Bank of India to enable NRIs to invest in the stocks of Indian companies, and allows for both repatriation and non-repatriation of profits. But there are differences in PIS and non-PIS accounts that you need to consider before…
