"Expiring derivative contracts based on a closing auction price is a very dangerous move."
Many feel that the U.S. & other developed markets also have 'closing auction' - so what we have now is 'best practice'.
Rajesh Baheti tells me that there are big differences which make the comparison wrong.
1. U.S. exchanges publishes buy/sell order imbalances
2. Designated market makers step in
3. Stock lending & borrowing (SLBM) is seamless
4. There is no STT (Securities Transaction Tax)
Full chat below.
#CAS #ClosingAuction #Nifty #BankNifty #Investing
https://t.co/mlDTOCxKgF
@dpradhanbjp If you were so sincere u should have resigned the very first day, not after the whole India asked you to leave . Every body wants to hangover to power as much as possible till the last second . So sad
@Wangchuk66 Sir, With due respect sincerely my thoughts are like you should not hv fasted and loose 11 kgs . Because your fasted for nothing , what ever u claim gov accepted they would have done without your sacrifice. real achievement is resignation of Minister,that not happened.
@Swiggy This is why on-time delivery matters. ❤️
Sahana’s reaction says it all. The moment she realized her favourite KFC had arrived, she literally jumped for joy!
No filters. No script. Just a little girl’s genuine excitement.
Thanks, @Swiggy, for making her day! 🧡
NABARD said on Friday that it has facilitated the Geographical Indication registration of 28 new products such as traditional handicrafts, handloom textiles and bamboo crafts. Till date, NABARD has supported 176 products in securing GI registration. https://t.co/UZ5RzrNiep
#Business | NCLT issues notice to Ola Electric in Rs 9.57 crore insolvency plea; second petition in recent months
-NCLT issues notice to Ola Electric.
-Petition alleges Rs. 9.57 crore default.
-This is Ola Electric's second insolvency petition.
Read More ⤵️
https://t.co/3cPM5J44eC
#WATCH 🎥 | Rajasthan Chief Minister Bhajanlal Sharma, Union Road Transport and Highways Minister Nitin Gadkari, and Lok Sabha Speaker Om Birla inspected key stretches of the Delhi-Mumbai Expressway in Bundi, reviewing ongoing construction and project progress. 🛣️🇮🇳
The visit comes as Gadkari said the ₹1.1 lakh crore expressway project is around 75-80% complete and is expected to be fully operational within the next two years. Once completed, the 1,350-km corridor is expected to cut travel time between Delhi and Mumbai to nearly 12 hours, significantly boosting connectivity, logistics and economic activity across multiple states.
The leaders also reviewed works on the Bundi-Kota section and other strategic infrastructure projects linked to the expressway network.
#DelhiMumbaiExpressway #NitinGadkari #OmBirla #BhajanlalSharma #Rajasthan #Infrastructure #Highways #IndiaInfrastructure #RoadNetwork #Bundi
#Business | Middle East conflict, wage hikes, weaker growth: Five factors to watch out for in Q1 IT earnings
Industry analysts said tier-I IT services firms may even struggle to reach the mid-point of their growth guidance, flagging a softer-than-expected demand outlook for the first half of FY27.
@debanganaghosh4 & @shaw_reshab report:
https://t.co/4XebM3gQ4i
A week after raising hopes that Tata Sons Pvt. Ltd. could avoid a mandatory listing, the RBI inserted a key definition that was absent in its updated guidelines.
Now, a potential listing is dependent on the RBI's decision on Tata Sons' application to surrender its core investment company licence.
Read more: https://t.co/Lt1C9OQJrM
(@shayanghosh123 reports)
#Business | Page Industries is set for a comeback as it expands beyond core innerwear. Will this strategy help the owner of the Jockey brand regain its growth momentum?
https://t.co/PlLjlYuV36
SpaceX’s record-breaking IPO has left South Korea’s biggest brokerage as the only one of 23 underwriters to receive no stock allocation, forcing it to apologize to its clients and have its practices inspected by local regulators. https://t.co/r0lmzzWak7
📷: Michael Nagle/Bloomberg
“The adoption and deployment of AI technologies across our operations have resulted, and may continue to result, in reductions to our workforce,” Oracle said Monday in an annual financial regulatory filing. https://t.co/Yw104Wmo4K
@narendramodi My life time wish : Before I travel from this earth I wish to see 2 Things happen, 1) Modi giving live interview to media 2) An open debate between Modi and Rahul. Let the real cat ring the bell .