Nifty concluded the Apr F&O series with steady gains indicating stable market environment, offering limited gains for arbitrageurs. The arbitrage gain is the profit earned by exploiting price differences for the same asset in different markets or at different times, depends on several factors including transaction cost, taxes, and the specific prices at which a trader enter and exit the position.
Open FlipThe National Highway Traffic Safety Administration (NHTSA) has announced that by September 2029, almost all new cars and trucks sold in the U.S. must be equipped with automatic emergency braking systems. The NHTSA stated that the new rule will save at least 360 lives and prevent a minimum of 24,000 injuries annually, Reuters reported on Tuesday.
Open FlipSlone Infosystems IPO price band has been fixed at ₹79 per equity share of face value of ₹10 each. Slone Infosystems IPO will open for subscription on Friday, May 3, and close on Tuesday, May 7. The lot size for the Slone Infosystems IPO is 1,600 shares. A minimum of 1,600 equity shares must be applied for, and after that, the shares must be applied for in multiples of 1,600.
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