Gold Silver Reports (GSR) – Banks Gain As RBI Grants Breather Ahead Of RBI Monetary Policy Decision — Shares of private and government-owned lenders were trading higher after the Reserve Bank of India provided relief to lenders by allowing them to reduce provisioning on NCLT accounts for March quarter ahead of the monetary policy decision.
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Unitech Surges On Heavy Volumes
Unitech Surges On Heavy Volumes — Shares of the Delhi-based real estate developer rose as much as 19.33 percent to Rs 7.10 on the back of heavy volumes. As many as 13.2 million shares changed hands on the BSE compared with an average of 4.8 million shares traded daily in the past …
ICICI Securities Makes Weak Stock Market Debut
Gold Silver Reports (GSR) – ICICI Securities Makes Weak Stock Market Debut – ICICI Securities listed at a discount of 17 percent at Rs 431 per share on the BSE, compared to its issue price of Rs 520. The stock recovered from its discovery price low and was trading at Rs 455, down 12.5 percent from its issue price.
Nifty 10,000 Put Option Most Active On NSE
Gold Silver Reports (GSR) – Nifty 10,000 Put Option Most Active On NSE — Nifty 10,000 strike price put option was the most active options contract on the National Stock Exchange. As many as 7.23 lakh shares were added in open interest which rose to over 39 lakh shares.
Royal Enfield Sales Jump 27%
Gold Silver Reports (GSR) – Royal Enfield Sales Jump 27% — Royal Enfield, the two-wheeler division of Eicher Motors Ltd., reported a 27 percent jump in total sales to 76,087 units in March. The two-wheeler manufacturer had sold 60,113 units in March 2017.
BSE, NSE, MSEI Assure Global Stock Exchanges Of Orderly Transition
Goldman Neal Bhai Reports – Indian stock exchanges assured international bourses and index providers of orderly transition. Steps would be taken to ensure that ending licensing pacts do not disrupt the markets, BSE Ltd., National Stock Exchange of India Ltd. and Metropolitan Stock Exchange of India Ltd. said in a joint statement.
India NSE Seeks Singapore Delay on Stock Futures
Gold Silver Reports – India NSE Seeks Singapore Delay on Stock Futures — The National Stock Exchange of India Ltd., operator of the country’s biggest bourse, is asking Singapore Exchange Ltd. to delay the planned introduction of single-stock futures that would track some of the subcontinent’s largest companies, according to people familiar with the matter.