SEBI said the reduction in listing timeline is likely to benefit the issuers to receive their funds and allottees to receive their securities in a shorter time period.
Foreign Institutional Investors (FIIs) were net sellers in the capital markets on Tuesday as they offloaded shares worth Rs 1,725.11 crore, according to exchange data.
These new rates are applicable on deposits below Rs 2 crore with immediate effect, the bank said in a release.
Vedanta Resources Limited founder and chairman Anil Agarwal said, “We are 100% committed to produce semiconductors and display glass in India and have lined up partners for the same.”
Foreign Portfolio Investors (FPIs) were the net buyers, purchasing shares worth Rs 61.51 crore, as per BSE data.
This comes as India’s goods exports have been under pressure for the better part of the year due to weak demand from the western countries. Demand slowdown in China, battling a major property sector crisis, has also contributed to the slowdown.
Jio Financial Services continued its downward rally for the fourth day straight and hit 5 per cent lower circuit. The stock was locked at Rs 213.45 in the lower circuit today.
Before the outflow, FPIs were incessantly buying Indian equities in the last six months from March to August and brought in Rs 1.74 lakh crore during the period.
HERE, a Nokia business, offers the world’s freshest maps and location experiences across multiple screens and operating systems.
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