In a consultation paper, Sebi proposed introducing a call-auction mechanism for determining the closing price of each stock through a separate 15-minute session between 3:30 pm and 3:45 pm. The proposed mechanism would initially be available only for stocks in the derivatives segment and later extended to others in a phased manner.
The new mechanism will replace the current practice of determining the closing price through the last half an hour's volume weighted average price (VWAP).
Bu hikaye Business Standard dergisinin December 06, 2024 sayısından alınmıştır.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber ? Giriş Yap
Bu hikaye Business Standard dergisinin December 06, 2024 sayısından alınmıştır.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber? Giriş Yap
It's a quantum leap in computing
The world's biggest technology companies are building machines with vast processing power. India too is in the race, report SHINE JACOB & AASHISH ARYAN
Weak retail demand slows health insurance premium growth
Under the Weather
Luxury cars, EVs hit fast lane in the South
Amid reports that global automotive giant Tesla is scouting for land to set up its manufacturing unit in the southern states of Tamil Nadu and Andhra Pradesh, industry experts and government officials believe the region's well-developed electric vehicle (EV) ecosystem and rising demand for premium vehicles make it an attractive proposition for the US luxury carmaker.
RBI adopting more accommodative stance under Malhotra, say analysts
They point to the recent measures taken by RBI to spur economic growth and ease liquidity tightness
Employees' salaries not keeping pace with inflation: NITI member
NITI Aayog member Arvind Virmani has said that while employment is increasing in India, real wages for regular jobs have not kept pace with inflation over the past seven years.
The Cost of MP Liquor Ban
State expects an annual revenue loss of less than 2% due to its decision to prohibit liquor sales at 19 locations. SANJEEB MUKHERJEE reports
Prosus may turn to AI to shape businesses
South African-owned and Amsterdam-headquartered investment firm Prosus is looking to build an ecosystem based on artificial intelligence (AI) that can bring together businesses with synergy, enhancing their efficiency and value.
Israel Halts Entry of Aid into Gaza
Israel announced on Sunday morning that it was halting the entry of all goods and humanitarian assistance into Gaza immediately, hours after proposing a temporary extension of the now-expired ceasefire with Hamas.
Mis-selling: Full premium must be returned
Gyan Prakash Singh was approached by a Tata AIA Life Insurance agent who induced him to purchase policies.
Restore relationship with US prez: Nato chief to Zelenskyy
Nato Secretary-General Mark Rutte has said he told Ukrainian President Volodymyr Zelenskyy that he had to \"find a way to restore his relationship with the American president\" after the two leaders engaged in an extraordinary meltdown at the White House on Friday.
