SEBI Registered Company in Indore
The S&P BSE midcap index closed 0.3 percent lower, while the S&P BSE Smallcap index ended 0.4 percent higher for the week ended March 24.
The market is consolidating in a narrow range close to its critical support level, which still warrants some alert as a breakdown could take the index towards even lower levels from here. However, a breakout, could take the Nifty towards 9,218-9,250 level and beyond.
Sebi bans RIL from equity derivatives
Come Monday morning, Reliance Industries (RIL), the nation’s second most valued firm will be in focus after the Securities and Exchange Board of India (SEBI) on Friday prohibited RIL and 12 others from equity derivatives trading for one year and directed the firm to disgorge nearly Rs 1,000 crore for alleged fraudulent trading in a 10-year-old case.
March F&O expiry
Stock Future Tips The stock exchange is expected to stay volatile in front of the expiry of March month’s contract as traders roll over their derivative positions (Futures & Options (F&O)) segment from the near-month March 2017 series to April 2017 series.
