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Pune Porsche Crash Case: Teen’s Blood Sample was Thrown in Dustbin, 2 Doctors Arrested

Pune Porsche Crash Case: According to Pune Police Commissioner Amitesh Kumar, two doctors at the government-run Sassoon Hospital colluded to throw the 17-year-old’s blood sample into a dumpster and switch it with another person’s.

  • Police report that a teen’s blood sample was thrown away and replaced with another person’s.
  • The doctor admits that he followed the forensics head’s instructions and switched the samples.
  • DNA tests verified that the blood samples came from two separate individuals.
Pune Porsche Crash Case

Also Read Ronaldo Achieved the Saudi Pro League Record for Most Goals Scored in a Season.

The head of the forensics department at Sassoon Hospital in Pune, where the teen accused in the fatal Porsche car crash was taken for a medical check-up, and another doctor from the hospital were arrested on Monday for allegedly tampering with evidence, according to Pune Police Commissioner Amitesh Kumar.

The arrests were made after it was determined that the blood samples of the juvenile involved in the accident had been replaced with those of another person who had not taken alcohol. Police stated the teen’s first blood sample was discarded in a dumpster.

The minor was transferred to Sassoon Hospital for a medical examination around 11 a.m. on the day of the mishap, May 19. The Forensic Science Laboratory (FSL) analysis revealed no alcohol in the first sample, raising suspicions.

A second blood test was performed at a separate hospital, and DNA tests proved that the samples were from two distinct people, leading authorities to believe that the doctors at the government hospital interfered with the evidence to protect the accused youngster.

“Dr. Shrihari Halnor, who took the juvenile’s blood sample, was arrested last night.” During interrogation, he disclosed that he had changed the blood sample per the instructions of Dr. Ajay Taware, the HOD of Forensic Medicine,” said Police Commissioner Amitesh Kumar at a press conference.

Following the arrest of the two doctors, charges of criminal conspiracy, forgery, and destruction of evidence were added in the accident case, he added.

Kumar stated that there was no alcohol found in the second blood sample taken from the minor. “But our case is under section 304, culpable homicide not amounting to murder. The accused juvenile was in full knowledge that his act could endanger lives, so no alcohol traces in his blood sample does not affect our case anyway,” he said.

The Pune Crime Branch on Monday took the minor’s father, Vishal Agarwal, into custody after the court allowed it. New charges under sections of forgery, criminal conspiracy, and destruction of evidence were also added against the father following the arrest of the doctors.

Agarwal is in judicial custody and lodged in the central jail. The court allowed the police to take custody of him in connection with the case of kidnapping and wrongful confinement of his driver.

PUNE CRASH CASE IN A NUTSHELL

The Pune Porsche crash case has been marred by controversy since the beginning, with allegations of preferential treatment and underworld connections surrounding the accused’s family. The minor, who was allegedly driving the Porsche under the influence of alcohol, was initially granted bail but was later remanded to an observation home until June 5 following public outcry.

His father, real estate developer Vishal Agrawal, and grandfather have also been arrested in connection with the case, with allegations of attempting to bribe and threaten the family’s driver to take blame for the accident.

Also Read ‘Panchayat’ Season 3 Release Date Tomorrow, Amazon OTT, and More Details!

Two IT professionals, Anish Awadhiya and Ashwini Koshta, were killed when the speeding Porsche, allegedly driven by the 17-year-old boy, hit their bike. The families of the victims have demanded a Supreme Court-monitored probe and trial, citing concerns over the handling of the case.

Ronaldo Achieved the Saudi Pro League Record for Most Goals Scored in a Season.

Ronaldo broke Moroccan Abderrazak Hamdallah’s record of 34 goals scored in a single Saudi Pro League season.

Cristiano Ronaldo scored twice for Al Nassr against Al Ittihad, breaking the record for most goals scored in a Saudi Pro League season. (35)

He broke Moroccan Abderrazak Hamdallah’s record for most goals scored by a player (34), which he also achieved for Al Nassr in the 2018-19 season.

The 39-year-old Portuguese forward smashed the record in his second season at the Saudi club, having joined from English behemoth Manchester United in January 2023.

Also Read Ab Ki Baar, KKR, Kolkata Club Wins its Third IPL Title after Crushing Sunrisers Hyderabad.

While Al Hilal has won the SPL title with three games remaining, Ronaldo and his teammates will have one more chance to win silverware when they face Al Hilal in the King Cup of Champions final.

The victory meant that Al-Nassr finished second in the table for the second consecutive season, 14 points behind champions Al-Hilal but 17 points ahead of third-placed Al-Ahli.

Ronaldo has 765 goals in his 22-year career with Sporting Lisbon, Manchester United, Real Madrid, and Juventus.

He also holds the record for international goals, with 128 in 206 appearances for Portugal.

‘Panchayat’ Season 3 Release Date Tomorrow, Amazon OTT, and More Details!

Season 3 of the Amazon Prime series ‘Panchayat‘ will premiere on the OTT platform tomorrow, May 28. Here’s everything you need to know.

Amazon Prime Video has opted to keep fans guessing as ‘Panchayat Season 3’ prepares for its highly anticipated online premiere. The series, recognised for its hilarious depiction of a young urbanite navigating rural life, has a devoted fanbase.

On Monday, Prime Video previewed the upcoming season’s OTT release date with a cunning twist. The streaming service sent out a mysterious statement, followed by a teaser video to keep followers interested.

In the video, ‘Panchayat’ star Jitendra Kumar played a fun game with the fans in which they had to keep removing ‘Lauki’ (bottle gourd) to reveal the release date of the series.He captioned the video: “Sahi suna aapne!” Bas yeh ek step karne se jaan jaoge aap season 3 ki date, so jaldi click the link in bio aur hatao saare laukiyon ko!”

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Where to watch ‘Panchayat’ Season 3?

The new season will premiere in Hindi, with dubs in Tamil, Telugu, Malayalam, and Kannada, exclusively on Prime Video in India and more than 240 countries and territories worldwide. It’s the latest addition to the ever-expanding basket of new releases, titles and shows on Prime Video, which is part of your Prime membership. Prime members in India enjoy savings, convenience, and entertainment, all in a single membership, for just ₹1,499 a year.

Also Read Top 10 Youtubers With Most Subscribers 2024 & 100 Most Searched Terms!

Panchayat 3 Release Time

To note, Panchayat 3 will be releasing on Amazon Prime on May 28 and will premiere at 12 am. For the uninitiated, Panchayat 3 will feature Jitendra reprising his role as Abhishek Tripathi while Neena Gupta will be seen as Manju Dev with Raghubir Yadav in the role of her husband. Abhishek will be once again seen navigating through complexities of village politics as Phulera is set to witness elections for a new pradhan (village head). Meanwhile, Jitendra had recently got candid about his character and revealed how he took inspiration from Shah Rukh Khan’s Swades. Talking to Pinkvilla, he stated, “When we were initially writing and listening to the story, we doubted that there were some similarities between the two characters.

He also reluctantly comes to his village just to live for a couple of days. So, we thought that people might highlight this. But we used it as an inspiration in the show. In the first season, the friend also refers to this, but we added those elements. But it never appeared as an obstacle. We used it well. So, it never crossed our minds that it is similar to Shah Rukh’s character. In fact, I love ‘Swades’, so I was really excited to do something in the same zone”

Also Read Mahesh Babu is a ‘Proud Father’ and Namrata Attend their son Gautam Graduation with Sitara.

Bank Nifty Share Price Currently Trades at ₹49274.95.

Bank Nifty share price Live Updates: At 15:45, the Bank Nifty was trading at 49274.95 (0.62%). Today, the Bank Nifty traded in a range of 49688.85 to 49051.25. Currently Trades Nifty futures are at 49335.0 (0.59%) with an open interest change of -8.61%, indicating that the price increase is due to short sellers covering their positions, and the rise may not continue in the near future. Also Read Stock Market Today: Nifty 50, Sensex end flat after Contact with New Record Highs.


Bank Nifty Share Price Today Live Updates: Bank Nifty closes the day at 48971.65, touching an intraday high of 49688.85 and low of 49051.25

Bank Nifty Share Price Today Live Updates: The Bank Nifty closed the day at 48971.65 up (0.62%) in comparison with its previous close. It has touched an intraday low of 49051.25 and high of 49688.85

Bank Nifty Share Price Live: Bank Nifty Open interest and price movement inference

Bank Nifty Share Price Live: Bank Nifty futures are at 49348.9 (0.62%) with an open interest change of -10.59% which indicates Price Increase is due to short sellers covering their positions & the rally might not sustain in near future.

Bank Nifty Share Price Live: Most active Calls & Puts contracts for Bank Nifty

Bank Nifty Share Price Today Live: Below are the most active Call & Put options contracts for Bank Nifty.

TypeExpiry DateStrike PricePrice
CALL29 MAY 202449500.0220.75
CALL29 MAY 202450000.082.7
CALL29 MAY 202449600.0183.8
PUT29 MAY 202449000.0175.65
PUT29 MAY 202449500.0410.25
PUT29 MAY 202449300.0298.85

Bank Nifty Share Price Live: Bank Nifty Open interest and price movement inference

Bank Nifty Share Price Live: Bank Nifty Currently Trades futures are at 49765.0 (1.47%) with an open interest change of -8.45% which indicates Price Increase is due to short sellers covering their positions & the rally might not sustain in near future.

Bank Nifty Share Price Live: Stocks breaching their 52 week high/low on 27 May 2024

Bank Nifty Share Price Live: Stocks that have breached their 52 week high/low today,

High: Axis Bank (1182.9),

Low: ,

Bank Nifty Share Price Live: Stocks witnessing Upper Circuits and Lower Circuits

Bank Nifty Share Price Live:

Check out the stocks locked at Upper Circuit or having Only Buy orders.

Indo Tech Transformers (1684.4)

V2 Retail (518.9)

Ujaas Energy (160.95)

Check out the stocks locked at Lower Circuit or Currently Trades having Only Sell orders.

SHIPPING CORP OF IND LAND AN ASS ORD (62.8)

Spectrum Electrical Industries (1607.65)

Rashi Peripherals (320.05)

Bank Nifty Share Price Today Live Updates: Performance of the Sectoral Indices on the NSE today

Bank Nifty Share Price Today Live Updates:

Check out how the various Sectoral Indices are trading on the NSE today.

  • NIFTY 500, Price:21573.05 (0.42%)
  • NIFTY Auto, Price:23957.15 (0.27%)
  • NIFTY Bank, Price:49578.05, (0.42%)

Bank Nifty Share Price Today Live Updates: Most active Calls & Puts contracts for Bank Nifty

Bank Nifty Share Price Today Live: Below are the most active Call & Put options contracts for Bank Nifty.

Call Options

Expiry DateStrike PricePrice
29 MAY 202449500.0481.9
29 MAY 202449200.0704.15
29 MAY 202449300.0627.15

Put Options

Expiry DateStrike PricePrice
29 MAY 202449000.078.75
29 MAY 202449200.0112.35
29 MAY 202449300.0134.3

Bank Nifty Share Price Today Live Updates: Bank Nifty Open interest and price movement inference

Bank Nifty Share Price Today Live Updates: Currently Trades Bank Nifty futures are at 49688.5 (1.31%) with an open interest change of -5.46% which indicates Price Increase is due to short sellers covering their positions & the rally might not sustain in near future.

Bank Nifty Share Price Today Live Updates: Resistance & Support levels for Nifty at 09:00

Bank Nifty Share Price Today Live Updates: At current prices Bank Nifty, faces the below Resistance and Support levels

R148999.44R249230.27R349407.59
S148591.29S248413.97S348183.14

Bank Nifty price live: Bank Nifty closed at 48768.6 on the last trading day

The Bank Nifty closed at 48768.6 on the last day.

Stock Market Today: Nifty 50, Sensex end flat after Contact with New Record Highs.

Stock Market Today: The Sensex closed 20 points, or 0.03 percent, lower at 75,390.50, while the Nifty 50 fell 25 points, or 0.11 percent, to 22,932.45.

Stock market today: Indian stock market benchmarks, the Nifty 50 and the Sensex, closed flat after reaching new intraday highs on Monday, May 27, on profit booking at higher levels amid mixed global indications.

After beginning higher, the Sensex and Nifty 50 reached new all-time highs of 76,009.68 and 23,110.80, respectively, during the session. Both indices, however, failed to maintain gains, and profit-taking at higher levels resulted in minor losses.

Also Read Awfis Space Solutions IPO GMP Review the Subscription Status. Apply or not, as the offer Period is Coming to a Close soon?

The Sensex completed the day 20 points lower, or 0.03 percent, at 75,390.50, while the Nifty 50 fell 25 points, or 0.11 percent, to 22,932.45.

Heavyweight stocks including Reliance Industries, ITC, and Mahindra ended up being the Nifty 50’s top drags. In contrast, the index received the most support from HDFC Bank, Axis Bank, and Larsen & Toubro.

Awfis Space Solutions IPO GMP Review the Subscription Status. Apply or not, as the offer Period is Coming to a Close soon?

Check out the current Awfis Space Solutions IPO GMP, also known as the IPO Grey Market Premium, Kostak rates, and Subject to Sauda rates. HOAC Foods’ IPO GMP process Subscription has not yet begun. Stay tuned for the most recent IPO GMP data for Awfis Space Solutions IPO.

Awfis Space Solutions’ initial public offering will take place on May 22. Awfis Space Solutions’ Mainline IPO aims to raise 598.93 crores. The Awfis Space Solutions IPO price band is set at ₹364 to ₹383, with a market lot of 39 shares. Awfis Space options offers a wide range of flexible workspace options, from individual flexible desk needs to customised office spaces for start-ups, small and medium-sized businesses (“SMEs”), major corporations, and multinational corporations. Their flexible workplace solutions cater to a wide range of seat cohorts, from a single seat to several seats, and may be rented by clients for periods ranging from one hour to several years.

Also Read Poco F6 Pro Full Review: Specs, Price & User Experience!

Awfis Space Solutions IPO GMP Live Rates day by day with Kostak rates.

DateIPO GMPKostakSubject to
Today₹120₹-₹3000
24 May₹120₹-₹3000
23 May₹150₹-₹3500
22 May₹150₹-₹3500
21 May₹165₹-₹4000
20 May₹75₹-₹2200
17 May₹75₹-₹2200
16 May₹35₹-₹-
15 May₹-₹-₹-

Also Read Mahesh Babu is a ‘Proud Father’ and Namrata Attend their son Gautam Graduation with Sitara.

  • What is Awfis Space Solutions IPO GMP Today?

The Awfis Space Solutions IPO GMP aka Grey Market Subscription is ₹120.

  • What is Awfis Space Solutions IPO Kostak Rates Today?

The Awfis Space Solutions IPO Kostak Rate is ₹-.

  • What is Awfis Space Solutions IPO Subject to Sauda Price Today?

The Awfis Space Solutions IPO subject to sauda rates is ₹3000.

  • Awfis Space Solutions IPO Expected Returns?

The Awfis Space Solutions expected return is 31%.

Awfis Space Solutions IPO GMP aka Grey Market Premium FAQs:

  • What is Awfis Space Solutions IPO GMP Today?

Awfis Space Solutions IPO GMP is ₹120 as of today.

  • What is Awfis Space Solutions IPO Kostak Rate Today?

Awfis Space Solutions IPO Kostak Rate is ₹- as of today.

  • What is Awfis Space Solutions IPO Subject to Sauda Today?

Awfis Space Solutions IPO Subject to Sauda is ₹3000 as of today.

What is Awfis Space Solutions IPO Expected Returns?

Awfis Space Solutions IPO Expected Returns is 31%.

Disclaimer:

  • IPO Grey Market Premium (Awfis Space Solutions IPO GMP) mention is valid for the specific date as mentioned in the header.
  • We are not buying and selling IPO forms on IPO Grey Market.
  • Kostak Rate is the premium one gets by selling his/her IPO application (in an off-market transaction) to someone else even before allotment or listing of the issue.
  • Do not subscribe for IPO by just seeing the premium Price as it may change anytime before listing. Subscribe only considering the fundamentals of the companies.

Ab Ki Baar, KKR, Kolkata Club Wins its Third IPL Title after Crushing Sunrisers Hyderabad.

In the most unbalanced final in IPL history, KKR outsmarts SRH to win their first title since 2014, and Gambhir becomes the first captain and mentor to win the trophy.

Venkatesh Iyer was on strike, and the Kolkata Knight Riders dugout was on its feet as they were only one run away from a resounding eight-wicket victory in the Indian Premier League (IPL) 2024 final. The left-hander paddle-swept for a single, setting up loud celebrations in the KKR camp.

IPL 2024 Final: Kolkata Knight Riders vs Sunrisers Hyderabad

The entire team came out to celebrate with the two Iyers, Venkatesh and Shreyas, and the owners were overjoyed in the stands as their wait for an IPL victory was finally over. The cameras kept hunting for mentor Gautam Gambhir, who was busy offering bear embraces to the entire group while smiling broadly. The DJ instantly turned to Chak De India, and the party began for the Kolkata Knight Riders, the IPL 2024 champions.

The IPL final has frequently been a rematch of Qualifier 1, and the title match of the 2024 edition was no exception. The Kolkata Knight Riders (KKR) and Sunrisers Hyderabad (SRH) were the two most consistent teams during the regular rounds, but the Playoffs are a different beast.

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Even the best in the business have found it difficult to dominate the knockouts, and SRH certainly faced KKR’s heat this year. Not once, but twice as after Qualifier 1 they were outsmarted by Shreyas Iyer & Co. in what turned out to be the most lopsided final in IPL history.

SRH just didn’t have enough runs on the board and became the first side to get bowled out in the final, that too without facing 20 overs. 113 – SRH’s third-lowest total in the IPL and the lowest total in an IPL final – was never going to pose any challenge to this KKR unit and mere formalities were left to be completed in the second innings of the match.

There was a consolation wicket of Sunil Narine early in the innings but just one-way traffic after that as Venkatesh Iyer and Rahmanullah Gurbaz put on 91 runs in lightning-quick time to put the side on home stretch.

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Bowling masterclass

The batting, however, was never going to be a point of discussion today as the night was set-up by the bowlers. KKR served a bowling masterclass in the title clash and Mitchell Starc, the most expensive player in the league’s history, led from the front with a probing spell which put SRH on the mat.

Even before he bowled his first delivery, the quick was in the opposition’s head as Travis Head decided not to take strike. Starc had dismissed him the last time two sides met in Qualifier 1 and it was young Abhishek Sharma in the firing line now.

From the first delivery, there was enough movement and the fifth ball which came out of the left-armer’s hand was a ripper! Pitched on length, it swung away late and crashed into the stumps.

Abhishek stood shocked and the SRH dugout wore a worried look as celebrations began in the KKR camp. In consecutive games now, KKR clipped the wings of high-flying SRH openers and never allowed their innings to get any momentum whatsoever.

Head stayed away from strike vs Starc but was dismissed for a golden duck by Vaibhav Arora from the other end. Rahul Tripathi came and went, and the batters to follow had no answers to the versatile seamers of KKR. If Starc was moving them at a brisk pace, Arora had a nice natural angle into the right-hander and Harshit Rana was mixing his pace smartly.

There was just on respite from both ends and even when seamers were given a break, Andre Russell and the spin-twins – Varun Chakravarthy and Sunil Narine – sustained pressure in the middle overs.

Pat Cummins & Co. kept losing wickets at regular intervals and never had a partnership going their way. It was just the second time in the IPL that six different bowlers picked a wicket. That’s how good KKR were in the title clash.

The only thing which didn’t go KKR’s way was the toss as they outplayed the opposition in every department to register a very comprehensive win.

Mahesh Babu is a ‘Proud Father’ and Namrata Attend their son Gautam Graduation with Sitara.

Gautam Ghattamaneni, the son of Mahesh Babu and Namrata Shirodkar, graduated from school lately. The pleased parents posted some gorgeous photos from the wedding.

  • Mahesh Babu and Namrata’s son, Gautam, graduated from school recently
  • The proud parents, along with daughter Sitara, attended the ceremony
  • They shared some cute pictures and videos from the graduation

Mahesh Babu and Namrata Shirodkar are delighted that their son, Gauam Ghattamaneni, has graduated from the International School of Hyderabad (ISH) in Hyderabad. The two actors, together with their daughter Sitara, attended a recent graduation ceremony. Mahesh and Namrata uploaded photographs and videos on their separate social media profiles, encouraging Gautam to pursue his aspirations.

On May 26, Mahesh Babu posted a photo of himself with Gautam and said it made his heart burst with pride.

He wrote, “My heart is bursting with pride! Congratulations on graduating, son! This next chapter is yours to write, and I am confident you will shine brighter than ever. Keep chasing your dreams, and know that you are always loved! “I am a proud father today, @gautamghattamaneni (sic),” with three heart emojis.

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Similarly, Namrata Shirodkar had a good wish for his kid on his graduation day.

Her post stated, “My darling GG, as you prepare to embark on a new chapter in your life, I want you to know how proud I am of you. Remember to be loyal to yourself, pursue your passions, and never let go of your aspirations. Believe in yourself as much as I do, and remember that no matter where life takes you, you will always have my love and support. Congratulations on the big day. The world is yours from now on. I adore you so much, @gautamghattamaneni.

Sitara shared some crazy pictures and wrote, “mewing boss graduated @gautamghattamaneni (sic).”

According to reports, Gautam Ghattamaneni plans to attend college in New York.

Mahesh Babu is now preparing for his forthcoming project with director SS Rajamouli. The big-budget film will hit theatres in August or September. An formal announcement about the cast and filming dates is awaited.

Over 2,000 People Crushed Alive in a Terrible Landslip in Papua New Guinea.

An official from Papua New Guinea national disaster centre wrote to the United Nations that more than 2,000 people were buried alive in Friday’s landslip.

According to the Papua New Guinea national disaster centre, a landslip in a rural village in the country’s north killed almost 2,000 people on Friday.

Also Read NSE Decreases tick size to one Paisa: Over 1,300 Stocks will be Affected.

“The landslip buried more than 2,000 people alive, destroyed buildings and food gardens, and had a significant impact on the country’s economic lifeline,” a national disaster centre official told the United Nations in a letter.

Remaining residents are being evacuated as the region remains high-risk amid forecasts of further rain.

“The ground is also quite unstable at the moment and it is at risk of triggering further landslide,” said Justine McMahon, the country co-ordinator of Care Australia, one of the humanitarian aid agencies on the ground.

“We’ve decided to stay out for now to allow the authorities time to properly assess the situation to conduct the rescue and recovery operations.”

Earlier, an official for the UN’s migration agency in the country had also described to the BBC the difficulties around the rescue.

Serhan Aktoprak from the International Organization for Migration said there were a number of challenges facing teams trying to recover bodies, including reluctance by some grieving relatives to let heavy machinery near their loved ones.

Instead, he said, “people are using digging sticks, spades, large agricultural forks to remove the bodies buried under the soil”.

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Debris from the landslide, which includes large boulders, trees and displaced soil.

Crews at the scene also say rescue efforts are being hindered by major damage to the sole road leading to the town. The landslide has damaged a length of about 200m (650ft), Ms McMahon said.

The Mount Mungalo landslide occurred in the highlands of Enga, in the north of the island nation.

Local officials and reporters have attributed the mountain’s collapse to weeks of heavy rain and other wet conditions in the area.

NSE Decreases tick size to one Paisa: Over 1,300 Stocks will be Affected.

The National Stock Exchange (NSE) said on Friday that it will cut the ticket size, also known as the tick size, for equities priced up to Rs 250 per share.
The current tick size for stocks traded on the NSE is Rs 0.05, or 5 paisa. The NSE aims to cut the tick size to Rs 0.01 or 1 paisa, allowing buyers and sellers to submit orders to purchase and sell stocks for less than Rs 250 in multiples of 1 paisa, such as Rs 101.01 and so on.

According to the NSE media release, all cash and futures stocks under Rs 250, except stock options, would be traded using a 1 paisa tick size.
The NSE’s counterpart, the Bombay Stock Exchange (BSE), already uses the 0.01 tick scale, but only for stocks worth less than Rs 100.
Analysts feel that a smaller tick size, particularly in the case of lower-valued shares, aids price discovery.

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Kranti Bathini, Director-Equity WealthMills Securities says its a welcome step from the NSE. Lower tick size will help in improve the spreads, and the volumes too can rise.

Meanwhile, NSE’s release stated that the lowered tick size shall be applicable for new listings as well. The exchange shall determine the eligibility for all such shares as of the last trading day of a particular month.

Arvinder Singh Nanda, Senior Vice President at Master Capital Services said the NSE’s move to lower the tick size aims to bolster price discovery and market efficiency, rendering trading more appealing for both retail investors and traders.

Moreover, the tick size in the stock futures segment will align with that of the underlying security in the cash market. This alteration will empower investors to devise novel strategies tailored to the smaller tick sizes, particularly for lower-priced securities, Arvinder Singh Nanda added in the note, while cautioning that the said move may also escalate system load due to the large number of orders.

The new tick size rule on the NSE will be applicable from July 08, 2024 onwards, based on the closing price of June 2024. NSE shall review the of underlying security on a monthly basis.

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In case of a corporate action such as bonus, stock split, dividend or rights issue, the existing will continue for the stock, till the time of the monthly review, post which it may be revised if need be.

As of 24 May 2024, nearly 50 per cent of the NSE stock quoted below Rs 250 per share. Out of a total of 2,749 stocks traded on Friday, 1,381 had closed below the Rs 250 threshold.

Meanwhile, out of 4,290 stocks traded on the BSE on the same day, as many 1,935 quoted below Rs 100-mark.