PCJ jumps 20% after clients take F&O positions

Mumbai: Retail traders could expose themselves to huge risk by punting on PC Jeweller stock futures and options, given the huge volatility and addition of two more large clients holding over 3 per cent of market wide position limits recently, analysts said. After the company withdrew its share buyback on July 13, citing the lack […]

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Ajay Singh may not have to dilute stake in airline

NEW DELHI: SpiceJet chairman Ajay Singh may not have to dilute his stake in the airline, as an arbitration tribunal has ruled in its favour in a share purchase dispute with previous promoter Kalanithi Maran. On Friday, the tribunal rejected Maran’s claim of Rs 1,323 crore damages from the company for not issuing convertible warrants […]

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Magnitude 5.9 quake injures nearly 290 in western Iran

A magnitude 5.9 earthquake hit western Iran on Sunday, injuring at least 287 people, hours after two quakes struck Hormozgan province in the south, the official Iranian news agency IRNA reported. Houshang Bazvand, governor of the affected province of Kermanshah, told IRNA that eight of the injured had been hospitalised and the rest were released […]

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Indonesia Shares May See Renewed Consolidation

(RTTNews) – The Indonesia stock market has moved higher in two of three trading days since the end of the two-day slide in which it had stumbled more than 80 points or 1.2 percent. The Jakarta Composite Index remains just above the 5,870-point plateau although it figures to head south again on Monday. The global […]

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