After SEBI bans Kishore Biyani, Future Group stocks hit lower circuit limit
Thu, Feb 4, 2021 12:25 PM

After SEBI bans Kishore Biyani, Future Group stocks hit lower circuit limit

A Flip by Flipitnews
Get it on Google Play
Most Future Group companies' stocks hit their 5% lower circuit limit today after the SEBI banned the group’s chief executive officer, Kishore Biyani, from accessing the capital market for one year. In an order on Wednesday, SEBI said that its investigation found that Future Retail’s promoters including Biyani had traded the in the scrip while possessing undisclosed price sensitive information.

More great flips

Big movers on D-Street: What should investors do with Ambuja!

Big movers on D-Street: What should investors do with Ambuja!

Benchmark indices settled at new peaks on Tuesday, rallying for the sixth straight session. The 30-share Sensex jumped 431 points to close at a new record high of 69,296. The broader index Nifty also climbed 168 points to hit its lifetime high of 20,855.Stocks that were in focus include names like Ambuja, which rose 7%, Adani Enterprises, which jumped 17.3%, and Swan Energy.

Open Flip
Gold steady as markets await U.S. jobs data

Gold steady as markets await U.S. jobs data

Gold prices steadied on Wednesday, as the dollar levelled with bets for an interest rate cut by the Federal Reserve in the first half of 2024, ahead of key U.S. jobs data this week that could offer more clarity on the central bank's rate path. FUNDAMENTALS * Spot gold edged up 0.1% at $2,020.39 per ounce by 0204 GMT, trading in a tight range of about $5. * U.S. gold futures for February.

Open Flip
Stocks in news: SBI, Dalmia Bharat, Bank of India, Airtel, Infosys

Stocks in news: SBI, Dalmia Bharat, Bank of India, Airtel, Infosys

Nifty futures at GIFT Nifty were trading 0.12% higher at 21,025 around 7.05 am, indicating a positive start for the stock markets on Wednesday. Here are the top stocks that are likely to be in focus today: Honasa ConsumerVenture Capital Fund Fireside Venture Investments has sold partial stake in Mamaearth parent Honasa Consumer through bulk deals on Tuesday.

Open Flip

Join our Smart Investment Community

More than 1 Million users are using FlipItMoney to stay updated about the business and finance world! Join FlipItMoney now and take smart investment decisions!
Icon