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Budget News

  • China Stocks end higher
  • August 08,2022  17:18
  • Mainland China share market finished session slightly higher on Monday, 08 August 2022, after data showed exports grew 18 percent in July, sending the trade surplus to a record high and easing concerns over waning global demand. However, market gains were limited after Chinese imports data disappointed, highlighting weak domestic demand.

    U.S.-China tensions over Taiwan also remained on investors' radar, with China announcing fresh military drills in the seas and airspace around Taiwan.

    At close of trade, the benchmark Shanghai Composite Index rose 0.31%, or 9.91 points, to 3,236.93. The Shenzhen Composite Index, which tracks stocks on China's second exchange, added 0.79%, or 17.21 points, to 2,183.22. The blue-chip CSI300 index was down 0.21%, or 8.84 points, to 4,148.07.

    CURRENCY NEWS: Chinese yuan steadied after weekend data showed the country's exports unexpectedly picked up speed in July.

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ATTENTION INVESTORS
"1. Stock Brokers can accept securities as margin from clients only by way of pledge in the depository system w.e.f. September 1, 2020.
 2. Update your mobile number & email Id with your stock broker/depository participant and receive OTP directly from depository on your email id and/or mobile number to create pledge.
 3. Pay minimum 20% upfront margin of the transaction value to trade in cash market segment.
 4. Investors may please refer to the Exchange's Frequently Asked Questions (FAQs) issued vide circular reference NSE/INSP/45191 dated July 31, 2020 and NSE/INSP/45534 dated August 31, 2020 and other guidelines issued from time to time in this regard.
 5. Check your Securities /MF/ Bonds in the consolidated account statement issued by NSDL/CDSL every month.
.......... Issued in the interest of Investors"
Prevent Unauthorized Transactions in your demat/trading account --> Update your Mobile Number/email ID with your stock broker/Depository Participant. Receive information of your transactions directly from Exchanges on your mobile/email at the end of day and alerts on your registered mobile for all debits and other important transactions in your demat account directly from NSDL/CDSL on the same day. - Issued in the interest of investors.
KYC is one time exercise while dealing in securities markets - once KYC is done through a SEBI registered intermediary (broker, DP, Mutual Fund etc.), you need not undergo the same process again when you approach another intermediary.
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