The Working Committee on Futures and Options has recommended increasing the minimum lot size of derivative contracts to Rs 20 lakh-Rs 30 lakh from Rs 5 lakh presently, restricting weekly options to only one expiry per stock exchange per week, and limiting the number of strike prices for options contracts as key measures to curb the unbridled rise in derivatives volume.Capital market regulator SEBI...

Adani Group stocks rose on Thursday after 3.9 crore shares, totalling 3.5% equity of Adani Enterprises, changed hands. The deal is estimated to be worth around Rs 5,520 crore. Adani Ports, Adani Transmission and Adani Green Energy also saw block deals of 4.1%, 2.5% and 3% stake, respectively, according to reports. Meanwhile, the Supreme court of India ordered setting up a committee headed by ex-ap...

The Securities and exchange board of India has banned 31 individuals including Arshad Warsi and his wife Maria Goretti Warsi from buying, selling or dealing in securities for manipulating shares of Sadhna Broadcast by uploading misleading videos on YouTube. Capital markets regulator SEBI said that promoters of Sadhna Broadcast, and Arshad Warsi, along with Manish Mishra, the creator of youtube cha...

The Centre on Monday agreed to the Supreme Court’s proposal to set up a panel of experts to look into strengthening the regulatory mechanisms for the stock market in the wake of the recent Adani group shares crash triggered by Hindenburg Research’s fraud allegations.Saying it has no objection to constituting the panel, the Centre, at the same time, stressed that market regulator Securities and...

The FIFA World Cup final at Lusail Stadium in Qatar was a match to remember. A nailbiting final, it was also a match that highlighted Lionel Messi’s unrivaled skillsets on field. Off the field too, Messi is a headturner too. The 34-year-old’s luxury wheels are as much talk of the town as are his prowess with the football. As per Forbes, Messi is the second-highest paid footballer after his...