General Trading Chat

I would like a clarification. Is this ban on Reliance industries (as traders) from buying or selling their own stocks or for the general public also. The penalty was for insider trading. (meaning their role in lowering the price of RPL).
 

simplebuthard

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I would like a clarification. Is this ban on Reliance industries (as traders) from buying or selling their own stocks or for the general public also. The penalty was for insider trading. (meaning their role in lowering the price of RPL).
Yes, Varun. Just now searched and read some news that only Reliance prohibited to trade on derivatives, not public.
 
IPOs worth Rs 20,000 crore to hit Dalal Street in coming months

NEW DELHI: The IPO lane is getting busy as companies have lined up initial public offerings worth Rs 20,000 crore in the coming months to fund their business expansion and meet working capital requirements.

The year 2016 saw 26 companies collectively raising over Rs 26,000 crore trough their respective IPOs, making it the best in six years.

Hudco, NSE, Central Depository Services Ltd, Nakshatra World and Cochin Shipyard are among the names that plan to launch share-sale offers in coming months

more to read
http://economictimes.indiatimes.com...eet-in-coming-months/articleshow/57837209.cms
 
Technical outlook for the week ahead: Nifty has to sustain above 9,075 to log fresh gains

After scaling a new high in the previous week, the Nifty50 corrected to 9,019 during the week gone by and ended 0.57 per cent down for the week at 9,108. The Nifty50 corrected in the early part of the week and recovered on favourable macro factors such as a strong USD-INR, stable crude prices and continued FII buying post state election results.

The GST Bill is likely to be presented in Parliament next week. US markets corrected on worries over the collapse of the healthcare bill voting in the Upper House. The FIIs again emerged buyers, purchasing stocks to the tune of Rs 3,170 crore while the DIIs sold equities worth Rs 2,705 crore.

In the absence of any major event globally and at home, the market is likely to remain range-bound over the next week.

Technical Outlook

The Nifty50 formed a ‘Hanging Man’ pattern on the weekly charts as it failed to continue its momentum and witnessed pricewise and timewise consolidation for most part of the week. The overall trend remained positive and it now has to hold above the 9,075 mark to witness buying interest and rise towards 9,218 and 9,280 levels. On the downside, major supports exist at 9,020 and 8,950 levels.


http://economictimes.indiatimes.com/articleshow/57838388.cms?
 
Yes, yes, you are right. just now verified.
YES ..... That's is ....

RIL shares in F & O segment is still available for us to do F & O Trading ....

The Management of Reliance Industries & its Subsidiaries cannot do F & O Trading for next 1 year ....


And this SEBI ruling is not the final thing ..... in our country ..... there is a system of APPEAL .... upto the highest court.
 

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