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Budget News

  • Quick Wrap: Nifty PSU Bank Index records a surge of 4.28%
  • January 31,2023  16:00
  • Nifty PSU Bank index ended up 4.28% at 4006.55 today. The index has lost 7.00% over last one month. Among the constituents, Bank of Baroda jumped 5.63%, Punjab National Bank gained 5.62% and Bank of India added 5.55%. The Nifty PSU Bank index has increased 34.00% over last one year compared to the 1.86% spike in benchmark Nifty 50 index. In other indices, Nifty Media index increased 2.37% and Nifty Auto index added 1.89% on the day. In broad markets, the Nifty 50 added 0.07% to close at 17662.15 while the SENSEX witnessed a rise of 0.08% to close at 59549.9 today.

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ADVISORY FOR INVESTORS
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.
No need to issue cheques by investors while subscribing for IPO. Just write the bank account number and sign-in the application form to authorise your bank to make payment in case of allotment. No worries of refund as the money remain in the investor's account.
For Rights and Obligation, RDD, Guidance Note in Vernacular Language Click Here.
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