BSE shares in focus as SEBI likely to consider review of intraday options limits
Currently, there's no strict intraday limit, though exchanges monitor positions at the same levels as end-of-day: Rs 1,500 crore net and Rs 10,000 crore gross. But recent expiry-day trades in Nifty and Sensex often exceeded these limits. For instance, on August 7, Nifty net positions hit Rs 4,245 crore (long) and Rs 5,409 crore (short), while gross positions went over Rs 10,000 crore.
Sebi may raise the net intraday threshold to Rs 5,000 crore, keeping the gross limit at Rs 10,000 crore. On expiry days, exceeding limits could now attract penalties, while non-expiry breaches would only trigger checks. Exchanges would monitor intraday positions at multiple points, including near market close.
The move is aimed at controlling expiry-day market spikes while allowing positions backed by cash or securities.
BSE shares opened at ₹2,505 today and traded between a low of ₹2,470 and a high of ₹2,532. It closed previously at ₹2,494.80. Over the past year, the share price has ranged from a low of ₹881.99 to a high of ₹3,030.
Disclaimer: The information provided is for informational purposes only and should not be considered financial or investment advice. Stock market investments are subject to market risks. Always conduct your own research or consult a financial advisor before making investment decisions. Author or Business Upturn is not liable for any losses arising from the use of this information.
Ahmedabad Plane Crash
Aman Shukla is a post-graduate in mass communication . A media enthusiast who has a strong hold on communication ,content writing and copy writing. Aman is currently working as journalist at BusinessUpturn.com
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
3 hours ago
- Yahoo
Bank of America says buy these 10 ultra-cheap stocks primed to rebound
Bank of America predicts that large-cap stock dominance of the stock market could soon end. If the US economy enters a recovery phase alongside rate cuts, beaten-down stocks could surge. BofA recently shared top stock picks with low valuations that could be primed for a rebound. Bank of America says large-cap dominance inoof the stock market may soon be over. The bank's economic regime indicator shows the US economy hovering between downturn and recovery phases. If it starts to enter the latter alongside Fed rate cuts and improving earnings, smaller and cheaper stocks in the S&P 500 should start to outperform the largest companies, the bank said in a recent client note. "Recoveries saw 2x PE expansion for the Not-So-Nifty 450 as the Nifty 50, and the Smallest 50 enjoyed 12ppt ann. alpha," said Savita Subramanian, the bank's head of US equity and quantitative strategy, said in the note. "History would suggest there is more to go in cap-weighted dominance. But if the Fed's next move is a rate cut, and if the Regime indicator is shifting to a Recovery, we think the run may be closer to done." As a way to invest in the potential trend, Subramanian and her team highlighted stocks with 12-month forward price-to-earnings ratios below the S&P 500's median; those with high beta, or volatility relative to the index; and those with market caps below the S&P 500's median. All of the stocks have a "Buy" rating from BofA. We've taken the 10 cheapest stocks from the list and compiled them in descending order according to their forward P/E ratios. Eastman Chemical Company Ticker: EMN Forward P/E: 9.3 Beta: 1.2 Market cap: $8.3 billion Sector: Materials Halliburton Company Ticker: HAL Forward P/E: 9.1 Beta: 1.1 Market cap: $19 billion Sector: Energy First Solar Ticker: FSLR Forward P/E: 9 Beta: 1.3 Market cap: $18.7 billion Sector: Information Technology Healthpeak Properties Ticker: DOC Forward P/E: 9 Beta: 1 Market cap: $11.7 billion Sector: Real Estate Aptiv Ticker: APTV Forward P/E: 8.9 Beta: 1.3 Market cap: $14.9 billion Sector: Consumer Discretionary Synchrony Financial Ticker: SYF Forward P/E: 8.4 Beta: 1.3 Market cap: $25.9 billion Sector: Financials Delta Air Lines Ticker: DAL Forward P/E: 8.4 Beta: 1.4 Market cap: $34.7 billion Sector: Industrials Host Hotels & Resorts Ticker: HST Forward P/E: 8.1 Beta: 1.2 Market cap: $21 billion Sector: Real Estate Devon Energy Ticker: DVN Forward P/E: 8.0 Beta: 1.1 Market cap: $21 billion Sector: Energy United Airlines Ticker: UAL Forward P/E: 7.7 Beta: 1.3 Market cap: $28.5 billion Sector: Industrials Read the original article on Business Insider Sign in to access your portfolio
Business Upturn
9 hours ago
- Business Upturn
Prostarm Info bags 150 MW/300 MWh battery storage order from KPTCL
Prostarm Info Systems Limited has been declared the L-1 bidder by Karnataka Power Transmission Corporation Limited (KPTCL) for a landmark energy storage project. The company will set up a 150 MW/300 MWh standalone Battery Energy Storage System (BESS) at the 400kV Doni Substation in Gadag District, Karnataka, operating at 220kV voltage level. The project, awarded under the Tariff Based Competitive Bidding (TBCB) mode, will be executed on a Build-Own-Operate (BOO) basis for 12 years. Prostarm Info Systems will receive a rental of Rs. 2.54 lakh per MW per month, amounting to an annual rental of Rs. 45.72 crore for the entire 150 MW/300 MWh system. Additionally, the project includes Viability Gap Funding (VGF) of Rs. 27 lakh per MWh or 30% of the capital cost for the BESS, whichever is lower. This order marks a significant milestone for Prostarm Info Systems, reinforcing its position in India's renewable energy and energy storage sector. The project is entirely domestic, and there are no related party concerns or promoter interests involved in the award. With this strategic contract, Prostarm Info Systems is poised to contribute significantly to Karnataka's energy infrastructure while advancing sustainable energy solutions. Ahmedabad Plane Crash Aman Shukla is a post-graduate in mass communication . A media enthusiast who has a strong hold on communication ,content writing and copy writing. Aman is currently working as journalist at
Business Upturn
9 hours ago
- Business Upturn
RACL Geartech secures prestigious long-term supply order for transmission gears from leading Indian premium motorcycle manufacturer
RACL Geartech Limited has recently informed exchanges that the company has been awarded a prestigious long-term supply order for transmission gears for premium motorcycles by a globally renowned Indian manufacturer. This achievement marks a significant milestone for the company, reflecting its continued commitment to technological excellence and precision manufacturing. The order represents a strategic expansion for RACL Geartech, enabling the company to enter the domestic mass-market motorcycle segment while maintaining its focus on the premium segment. It underscores the company's capability to deliver high-quality components at scale, meeting the evolving demands of India's growing automotive industry. This recognition is a testament to RACL Geartech's engineering expertise, manufacturing capabilities, and consistent focus on innovation. By securing this long-term engagement, the company strengthens its domestic presence and reinforces its reputation as a trusted partner to leading manufacturers. Ahmedabad Plane Crash Aman Shukla is a post-graduate in mass communication . A media enthusiast who has a strong hold on communication ,content writing and copy writing. Aman is currently working as journalist at
