Flash Finance

๐Ÿ‡ฎ๐Ÿ‡ณ India Daybook: BSE Plunges on SEBI Action, Jindal Steel Bags Mining Lease

Published: 2025-07-04 23:13 IST | Category: Markets | Author: Abhi

๐Ÿ“ REGULATORY ACTION & MARKET IMPACT

  • Shares of BSE Ltd. plunged around 6-7% on July 4, 2025, amidst concerns over the Securities and Exchange Board of India (SEBI)'s action against US-based trading firm Jane Street. SEBI has barred Jane Street from the Indian markets for allegedly manipulating equity derivatives and ordered the impounding of โ‚น48.4 billion (bn) in "unlawful gains." This move has raised investor concerns about its potential impact on derivatives trading volumes. Shares of other capital market firms like Angel One and Nuvama also saw declines following the SEBI action.

๐Ÿ“ CORPORATE ANNOUNCEMENTS

  • Jindal Steel & Power Limited (JSPL) secured a significant strategic win by obtaining a 50-year mining lease for the Roida-I Iron Ore and Manganese Block in Odisha.
  • YES Bank Ltd. disclosed its provisional operational metrics for Q1 FY26, showing a 5.1% year-on-year increase in loans and advances to โ‚น2.41 lakh crore, and a 4.1% year-on-year growth in deposits to โ‚น2.76 lakh crore. However, the bank reported sequential contractions of 2.0% in gross advances and 3.0% in deposits.
  • Sapphire Foods India clarified that there was no material information requiring disclosure regarding a news item about a potential merger with Devyani International, leading to its stock trading 6.91% higher.
  • Signpost shares were up after the Karnataka High Court quashed notices issued by the Bruhat Bengaluru Mahanagara Palike directing the company to dismantle advertisement structures.
  • Godavari Biorefineries saw its stock locked in the upper circuit on the BSE after bagging a European patent for a novel anti-cancer molecule.
  • PC Jeweller shares rallied 14.18% on the BSE, driven by an 80% year-on-year revenue jump in Q1 FY26, attributed to strong festive and wedding demand.
  • The Supreme Court refused to entertain a plea by HDFC Bank CEO and MD Sashidhar Jagdishan challenging an FIR of cheating and fraud.

๐Ÿ“ CORPORATE ACTIONS

  • Kabra Extrusion Technik Ltd. proposed a final dividend of โ‚น2.50 per share (50% of face value of โ‚น5 each), with the record date set for July 9, 2025.
  • Several companies had their ex-date/record date on July 4, 2025, for various corporate actions:
    • Dividends: Nestle India (โ‚น10 per share), Control Print (โ‚น6 per share), AU Small Finance Bank (โ‚น1 per share), Central Bank of India (โ‚น0.1875 per share), Tech Mahindra (โ‚น30 per share), Navin Fluorine International (โ‚น7 per share), Mahindra & Mahindra (โ‚น25.30 per share), and Pfizer (โ‚น35 per share & total special dividend of โ‚น130 per share).
    • Face Value Split: Paras Defence and Space Technologies Limited (from โ‚น10 to โ‚น5 per share).
    • Bonus Issues: Sharda Motor Industries Limited (1:1) and Container Corporation of India Limited (1:4).

TAGS: India Daybook, Stocks in News, Corporate News, Stock Market, Company News

Tags: India Daybook Stocks in News Corporate News Stock Market Company News

โ† Back to All News

More Articles You May Like

๐Ÿ“ฐ India Business Brief: Top Headlines for January 28, 2026

2026-01-28 08:30 IST | Markets

Indiaโ€™s Parliament commences its Budget session today with markets focused on fiscal deficit targets and record government borrowing projections. Mean...

Read More โ†’

๐Ÿ‡ฎ๐Ÿ‡ณ India Daybook ~ Stocks in News

2026-01-28 08:15 IST | Markets

Indian markets are set for a strong opening on Wednesday, bolstered by positive global cues and sentiment surrounding the finalization of the India-EU...

Read More โ†’

Pre-Market Report: Strong Gap-Up Expected as GIFT Nifty Surges Over 250 Points

2026-01-28 08:00 IST | Markets

Indian markets are poised for a robust start on Wednesday, fueled by a record-high closing on Wall Street and the historic conclusion of the India-EU ...

Read More โ†’

๐Ÿ‡ฎ๐Ÿ‡ณ India Daybook: RVNL Bags Railway Order, Marico Profit Jumps, and India-EU FTA Boosts Sentiment

2026-01-28 07:15 IST | Markets

The Indian markets traded with high volatility on January 28, 2026, eventually closing higher as investor sentiment was bolstered by the historic Indi...

Read More โ†’

Post-Market Report: Sensex and Nifty Rebound on Historic India-EU Trade Deal**

2026-01-27 17:00 IST | Markets

** Indian equity benchmarks snapped a recent losing streak on Tuesday, January 27, 2026, as investor sentiment was bolstered by the landmark conclusio...

Read More โ†’

Top Gainers & Losers: Axis Bank Surges on Q3 Earnings, Tuesday, January 27, 2026

2026-01-27 16:30 IST | Markets

The Indian equity markets ended Tuesdayโ€™s session on a positive note, with the Nifty 50 closing above the 25,150 mark. Market sentiment was primarily ...

Read More โ†’
View All Articles