Market regulator SEBI is likely to implement a UPI-powered ‘Pay Right’ system within the next one month, sources told Zee Business. The proposed Pay Right initiative is aimed at protecting investors against fraudulent financial transactions, ensuring secure and seamless payments to intended stock brokers and other intermediaries. SEBI has prepared the plan with a special…
Domestic equity benchmarks Nifty 50 and Sensex continued to extend gains to the fourth session in a row on Monday, with the 50-scrip gauge rallying more than 560 points to reclaim the 25,100 mark. Strong buying interest in financial, ITÂ and energy shares led Monday’s upmove, while heavyweight stocks like ICICI Bank, Eternal and Mahindra &…
Foreign portfolio investors (FPIs) have turned net sellers in Indian stock markets for the second straight month in May. In January, February, and March, they have been net sellers all through. Data made available by National Securities Depository Limited showed that FPIs had bought stocks worth Rs 19,860 crore in May. In April, the FPIs…
Bajaj Auto Q4 FY25 Earnings: Pune-headquartered Bajaj Auto on Thursday reported a set of quarterly results that largely met analysts’ expectations. The motorcycle and commercial vehicle manufacturer announced a dividend of 2,100 per cent. Bajaj Auto Q4 FY25 Results Summary | Top-line and bottom-line Bajaj Auto registered a standalone net profit of Rs 2,049 crore…
Info Edge (Naukri) Q4 FY25 Earnings Key Takeaways: Info Edge (India) on Tuesday reported a 7.7 times increase in its consolidated net profit crore for the quarter ended March 31 compared with the corresponding period a year ago. The year-on-year jump in net profit was better than analysts’ expectations. However, Info Edge shares—traded on stock…
Stock Market News, Derivatives (F&O) Segment: Four stocks are set to enter the derivatives segment on Dalal Street. According to stock exchange NSE, the following stocks will enter the futures and options (F&O) segments: 360 One Wam Amber Enterprises India Kfin Technologies PG Electroplast When will the 4 stocks enter the F&O space? The stocks…