Financial Markets
Policy decisions, not financial markets, can lead to real climate action
Without strong policy guardrails, markets alone can't drive the green transition
Jane Street is a wakeup call for India's financial market reforms
The revelations in this recent case should lead to a reassessment of the foundations of India's financial markets
Managing excess liquidity: Financial markets need more clarity now
Excess liquidity could also incentivise the banking system to extend loans at lower rates
Jane Street shows dangers of treating finance as 'shampoo sachet'
Sebi's trading ban on Jane Street and freezing ₹4,840 crore ($570M) profits sends shockwaves through global finance and algorithmic trading markets
RBI recognises FIMMDA as SRO for financial markets under new framework
FIMMDA has become the first financial market body to be recognised as a Self-Regulatory Organisation under the RBI's 2024 framework to enhance oversight and governance
RBI grants SRO status to FIMMDA for oversight of financial markets
The Reserve Bank on Wednesday said it has recognised the Fixed Income Money Market and Derivatives Association of India (FIMMDA) as an SRO in financial markets regulated by the central bank. In August last year, the RBI had issued the framework for recognition of Self-Regulatory Organisations (SROs) in financial markets. The norms were issued in view of the potential role of SROs in strengthening compliance culture among their members and also providing a consultative platform for policy making. The statement said, an application seeking recognition as an SRO in financial markets regulated by the Reserve Bank was received from the FIMMDA. "Based on an examination of the application against the relevant requirements under the framework, it has been decided to recognise FIMMDA as an SRO in financial markets regulated by the Reserve Bank," it said. FIMMDA, an association of commercial banks, public financial institutions, primary dealers, and insurance companies was incorporated as a
World won't shake off tariff tantrums soon: First Global's Devina Mehra
Mehra says that they remain overweight on Europe, China, and to an extent, India in their global funds, and have also increased their allocation to fixed income
Trump trade mayhem: India's options amid rising global uncertainty
In a fast-changing world, India's focus needs to be on pushing forward a broader, comprehensive trade and investment reform agenda
The slump's ice age ends: Average daily trading volumes start to thaw
COLD SNAP ENDS: Cash ADTV climbs 12%, derivatives up 23%
JSW Steel becomes world's most valuable steelmaker with $30.3 bn market cap
JSW Steel's stock has surged 18 per cent in 2025, making it one of the top performers on Nifty 50 index. With a market capitalisation of $30.31 billion, it leads its domestic & international peers
Stick to asset allocation during turbulent phases in the market
Combining various asset classes in a portfolio can mitigate the risk inherent in a single-asset portfolio
Next steps in fiscal management: Road map needed for debt, deficit targets
The Central government debt is projected to decline from 58.1 per cent of GDP in 2023-24 to 56.8 per cent in 2024-25
Asian stocks, dollar hold on 'cautious trade' to close out strong 2024
Volumes were light with holiday for New Year looming and Japan on holiday for the rest of the week, with the Santa-rally losing some steam as elevated Treasury yields weigh on high equity valuations
Soaring govt debt to destabilise financial markets in 2025, says BIS
Claudio Borio, head of the Bank for International Settlements' monetary and economic department, said he was on alert for a government debt glut causing bond market ructions
NSDL gets Vijay Chandok, financial market veteran as its new MD and CEO
The National Securities Depository Ltd (NSDL) on Friday said Vijay Chandok, a financial market veteran, has joined as its managing director and chief executive officer. Prior to joining NSDL, Chandok served as the MD and CEO of ICICI Securities. He held pivotal roles at the ICICI Group, including on the board of ICICI Bank as an executive director. A seasoned banker and a financial market veteran with over three decades of experience, Chandok brings a wealth of expertise in the BFSI sector, NSDL said in a statement. NSDL is a Sebi-registered market infrastructure institution offering a wide range of products and services to the financial and securities markets in India. Following the introduction of the Depositories Act in 1996, NSDL pioneered the dematerialisation of securities in India in November 1996. It is India's first securities depository to reach Rs 500 lakh crore (USD 6 trillion) in value of assets held in custody in September 2024. In October, NSDL received Sebi's go-ah
FPI selling spree continues in Nov at Rs 26,533 cr, pace of outflow slows
Foreign investors have pulled out Rs 26,533 crore from the Indian equity market this month so far owing to increasing allocations to China, concerns over muted corporate earnings and elevated valuation of domestic stocks. While the sell-off continues, the quantum of net outflows has significantly reduced compared to October, when Foreign Portfolio Investors (FPI) withdrew Rs 94,017 crore (USD 11.2 billion) on a net basis. With the latest pull-out, FPI outflows on a net basis are Rs 19,940 crore in 2024 so far. Going ahead, the flows from foreign investors into the Indian equity markets would depend on the policies implemented under Donald Trump's presidency, the prevailing inflation and interest rate dynamics, the trajectory of the geopolitical landscape, and the third-quarter earnings performance of Indian companies, Himanshu Srivastava, Associate Director - Manager Research, Morningstar Investment Research India, said. According to the data, FPIs recorded a net outflow of Rs 26,5
Shriram Finance gains as board to mull over stock split, dividend on Oct 25
Shriram Finance has fixed the record date for payment of its interim dividend on Thursday, November 7, 2024
In unsecured loans pie, middle-layer NBFCs take the largest slice
Their share was 27.3 in end-December 2023, according to central bank's data
Investors to focus on US Fed interest rate decision this week: Analysts
The US Federal Reserve's interest rate decision is the biggest event that would drive sentiments in the domestic stock market this week, besides a host of macroeconomic data from the global front and trading activity of foreign investors, analysts said. The Indian equity market had an exceptional last week, with both the Nifty and Sensex hitting their all-time high levels on Thursday. The BSE benchmark breached the 83,000 level for the first time on Thursday. "One of the most anticipated events of the year is set to unfold this week with the US Federal Open Market Committee (FOMC) meeting scheduled for September 18th. It is almost certain that this will mark the beginning of an interest rate cut cycle in the US. The general consensus is for a 25 basis points (bps) rate cut, though some market participants are speculating a more aggressive 50 bps cut. "Such a move would be a significant positive trigger for global markets, particularly for emerging markets like India, as it would ...
India must avoid sway of fin mkts' expectations over macro outcomes: CEA
Speaking at the CII Financing 3.0 Summit in Mumbai, Nageswaran stated that when the financial sector is in excessively robust health, the health of the rest of the economy becomes fragile
