Stock Market decline today due to global market sell-off, amid weak global cues

Stock Market decline today due to global market sell-off

The Indian stock market experienced a significant decline on Friday, August 2, 2024. The BSE Sensex fell by 885.6 points (1.08%) to close at 80,981.95, while the Nifty 50 dropped by 256.7 points (1.03%) to settle at 24,761. The Indian stock market faced a sell-off due to a sharp decline in global markets. The US Read more: Stock Market decline today due to global market sell-off, amid weak global cues..

SEBI’s proposed F&O curbs have raised concerns about risk of increase in dabba trading

SEBI's proposed F&O curbs and risk of increasing dabba trading

The Securities and Exchange Board of India (SEBI) has recently proposed certain curbs on the derivatives market (F&O) in an attempt to reduce speculative trading and protect retail investors. However, these proposed measures have raised concerns about a potential increase in dabba trading. Dabba trading is an illegal and unregulated form of trading where trades Read more: SEBI’s proposed F&O curbs have raised concerns about risk of increase in dabba trading..

Hero FinCorp filed DRHP with SEBI for its IPO to raise Rs 3,668 crore

Hero FinCorp filed DRHP with SEBI for its IPO

Hero FinCorp, the financial services arm of Hero MotoCorp, has filed its Draft Red Herring Prospectus (DRHP) with SEBI for its initial public offering (IPO).   Hero FinCorp filed its Draft Red Herring Prospectus (DRHP) for its IPO, aiming to raise ₹3,668 crore. The IPO will include a fresh issue of ₹2,100 crore and an Read more: Hero FinCorp filed DRHP with SEBI for its IPO to raise Rs 3,668 crore..