Markets

Investor Reading List: January 4, 2020

| Updated on January 04, 2020 Published on January 04, 2020

Hoping to catch up all the news you missed amid New Year revelries? Here’s a curated reading list of BL’s most important market stories for the week ended January 4.

Margin curbs

SEBI continued with its recent crackdown on margin funding by restricting stock brokers from offering over 8X leverage on derivative trades.

Read more: Leveraged trading in F&O capped at eight times the initial margin

Rethink

SEBI is expected to issue a new set of rules recategorizing its definition of large, mid and small-cap stocks for mutual funds next week, that may force the MF industry to reshuffle portfolios once again. 

Also read: MF investments: SEBI may widen the ambit of large/mid-cap stocks

M-cap rejig

AMFI’s rejig has ushered new names into the large-cap investment universe for MFs while trimming some earlier candidates.

Read more: Info Edge, Muthoot Fin, RECL, 2 others enter large-cap space

Shining bright

Gold retested earlier highs after the geopolitical flare-up in Iran. 

Also read: Spot gold rallies past ₹40,000 on US-Iran crisis

Less STT

Investment bankers have lobbied for STT concessions on equities trading in the 2020 Budget

ANMI bats for STT rate cut, restoration of Sec 88E rebate

On sale

SBI plans to sell its holdings in NSE via auctions

Also read: SBI to sell up to 50 lakh equity shares in NSEIL

Bond offer

Shriram Transport is opening an NCD offer on Monday with rates of 8.5 to 9.1 per cent

Read more: Shriram Transport Finance to raise up to Rs 1000 cr via NCDs

 

Compiled by Aarati Krishnan

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Published on January 04, 2020
money market
financial markets
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