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[5] [6] [7] IIFL is ranked among the top seven financial conglomerates in India [8] and as the top independent financial services firm in India in terms of market capitalisation. [9] Nirmal Jain is the chairman of the group, while R Venkataraman is the group managing director and co-promoter. [10]
Largest intraday percentage drops An intraday percentage drop is defined as the difference between the previous trading session's closing price and the intraday low of the following trading session. The closing percentage change denotes the ultimate percentage change recorded after the corresponding trading session's close.
Prior to 1957, Indian rupee was not decimalised and the rupee from 1835 to 1957 AD was further divided into 16 annas.Each anna was further divided to four Indian pices and each pice into three Indian pies till 1947 when the pie was demonetized.
Prior to 1957, Indian rupee was not decimalised and the rupee from 1835 to 1957 AD was further divided into 16 annas.Each anna was further divided to four Indian pices and each pice into three Indian pies till 1947 when the pie was demonetized.
Chart of the NASDAQ-100 between 1994 and 2004, including the dot-com bubble. Day trading is a form of speculation in securities in which a trader buys and sells a financial instrument within the same trading day, so that all positions are closed before the market closes for the trading day to avoid unmanageable risks and negative price gaps between one day's close and the next day's price at ...
The Bombay Stock shares resorted to records tampering in the trading system. [22] It caused panic with the public and banks were severely impacted. Banks like Standard Chartered and ANZ Grindlays were implicated in the scam for bank receipt forgery and transfer of money into Mehta's personal account.
In the United States, a pattern day trader is a Financial Industry Regulatory Authority (FINRA) designation for a stock trader who executes four or more day trades in five business days in a margin account, provided the number of day trades are more than six percent of the customer's total trading activity for that same five-day period.
A demat account is an Indian term for a dematerialized account that holds financial securities (equity or debt) digitally for traded shares in the share market. In India, demat accounts are maintained by two depository organizations: the National Securities Depository Limited and the Central Depository Services Limited .
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