Central Depository Services News Today

Stock market hits record highs but clients face trading issues due to CDSL system failure with TPIN authorization for selling shares.

The 23,000 level is expected to play a key role in the Niftys further direction, and sustaining this level can take the index towards the upper band of the Rising Channel (i.e., 23,100-23,200), followed by 23,500, with support at 22,800.

Short-term traders can look to buy the stock for a target of Rs 2,380 in the next 1-2 months, suggest experts. The price fluctuations seen in the CDSL stock price resulted in the formation of an Ascending Triangle on the daily charts. The resistance was seen around Rs 2,000-2,050 levels.

Padala Subbi Reddy, the outgoing chief executive of Indias largest commodities derivatives exchange, recalls a rather turbulent phase for the bourse as it scrambled to transition its technology vendor amid the pandemic lockdowns

Indias FIU enhances anti-money laundering efforts with AI-powered FINnet 2.0. The system analyzes suspicious transaction reports, assigns risk scores, and collaborates with various enforcement agencies using advanced technologies for efficient financial intelligence processing.

Q4 results today: DMart, Jammu & Kashmir Bank Ltd, Zen Technologies, Central Depository Services (India) Ltd (CDSL), Kotak Mahindra Bank, and IDBI Bank are set to announce their quarterly earnings for Q4FY24 on May 4

The board has announced a final dividend of Rs 19 and a special dividend of Rs 3 per share to commemorate the 25-year silver jubilee celebrations of CDSL. EBITDA stood strong at Rs 148 crore, up by 111% from Rs 70 crore reported for the same period last year.

Leading depository CDSL on Saturday said its net profit doubled to Rs 129 crore for the three months ended March 2024. It had posted a net profit of Rs 63 crore in the same quarter a year ago, Central Depository Services (India) Ltd (CDSL) said in a statement. Total income rose 86 per cent to Rs

There are two major share depositories in India: NSDL (National Securities Depositories Limited) and CDSL (Central Depositories Services Limited).

Investing or trading shouldnt be daunting—it should be about simplicity, progress, and empowerment. StockGro aims to empower individuals to navigate the complexities of the stock market with confidence and clarity.