This “Chaddi” Making Company Declares a ₹200 Dividend

Page Industries Limited 2025 dividend record date

Pro at manufacturing quality underwear, this company has declared a quite unusual dividend of ₹200. Generally, in India, such a high dividend is rarely seen.

The company we are talking about here is Page Industries, the licensee behind Jockey innerwear in India. It declared an interim dividend of ₹200 per equity share for the financial year 2024–25 on 15 May 2025. The decision was taken at a board meeting held this afternoon.

Board Meeting and Dividend Approval

The members of the Board of Directors approved a dividend of ₹200 per fully paid equity share of face value ₹10. So this dividend calculates to be 2000% of the face value, which is huge. The payout is scheduled to be completed on or before June 13, 2025. Shareholders whose names appear on the company’s register as of the record date will be eligible to receive this interim dividend.

The shares will start trading ex-dividend on June 12, 2025.

Also Read – This Pharma Giant Announces ₹475 Dividend

Series of Record Date Revisions

Although the company had already informed its investors about the upcoming dividend along with a pre-decided record date, there were multiple changes made later. Page Industries kept investors informed through separate stock exchange filings:

  • April 18, 2025: The company first proposed May 23 as the record date.
  • April 25, 2025: A revised notice moved the record date to May 21, 2025.
  • May 15, 2025: Today’s announcement confirmed May 21 as the final record date and also fixed the payment timeline.

The shares will start trading ex-dividend on June 12, 2025.

The payment will be done on or before June 13, 2025.

Dividend History (Last Five Payouts)

PurposeRs.Ex-dateRecord Date
Interim Dividend20021 May 202521/05/2025
Interim Dividend15013 Feb 202513/02/2025
Interim Dividend25014 Nov 202416/11/2024
Interim Dividend30016 Aug 202417/08/2024
Interim Dividend12031 May 202431/05/2024

Though this year’s ₹200 dividend is not the highest-ever dividend amount, the company had paid a dividend of ₹300 in August 2024.

Company Profile

Company NamePage Industries Limited
IPO2007
Stock ExchangeBSE, NSE
Market Cap₹52,842 Cr
FounderSunder, Nari and Ramesh Genomal
Incorporation1994
HeadquartersBangalore, Karnataka, India
SectorConsumer Discretionary
IndustryGarments & Apparels
Key Products & ServicesManufacture and distribution of innerwear, loungewear and socks under the Jockey brand; licensed Speedo swimwear; casual and sports socks; loungewear and athleisure garments for men, women and children.

Since 1994, Page Industries has held exclusive rights to manufacture and market Jockey innerwear in India and select neighbouring countries. Its product portfolio includes men’s, women’s, and children’s innerwear, along with loungewear and athleisure clothing.

Retail expansion has been another key factor in its growth. Page Industries operates a large network of exclusive brand outlets and shop-in-shop formats across India. Efficient supply chain management and rising consumer demand have also contributed to improved profit margins in recent quarters.

Also Read – Tata Elxsi Announces Record Date for Dividend

Page Industries is a part of the BSE 200 companies. With a market cap of ₹53,377 Cr, the company is trading at a P/E of 79. It has generated an ROE of 45.19%.

This Pharma Giant Announces ₹475 Dividend

Abbott India Limited Dividend 2025 record date

Abbott India Limited, a leading multinational pharmaceutical powerhouse, has announced a final dividend of ₹475 per equity share for the financial year ended March 31, 2025. This hefty payout, subject to shareholder approval at the 81st Annual General Meeting (AGM) on August 13, 2025.

Key Dividend Details:

Through an exchange filing on 15 May 2025, Abbott India Limited has declared a final dividend of ₹475 per equity share (on a face value of ₹10) for the financial year ended March 31, 2025. This dividend equals 4 750 % of the face value.

The company has set July 25, 2025, as the Record Date for determining
entitlement of Members to Final Dividend. The shares will start trading ex-dividend on July 24..

To be eligible for this payout, shareholders must ensure their names are registered in the company’s records or reflected as beneficial owners with depositories like NSDL/CDSL by the record date of July 25, 2025.

The dividend will be paid on or after August 18, 2025, following formal approval at the upcoming Annual General Meeting (AGM) scheduled for August 13, 2025.

The dividend yield stands at 1.36%.

Also Read – This “Chaddi” Making Company Declares a ₹200 Dividend

Abbott India Dividend History

Ex-Date Dividend TypeAmount (₹/share)
19-07-2024Final Dividend410.00
21-07-2023Special Dividend145.00
21-07-2023Final Dividend180.00
02-08-2022Final Dividend145.00
02-08-2022Special Dividend130.00

Abbott India announces its highest-ever final dividend of ₹475/share for FY25, surpassing 2024’s ₹410. Earlier payouts include ₹325/share (2023: ₹145 special + ₹180 final) and ₹275/share (2022: ₹130 special + ₹145 final). 

With a market capitalisation of around ₹64,500 Crores, the shares of Abbott India are currently trading at a P/E of around 48 which is almost equal to the industry average.

Abbott India Limited

The company came up with good numbers in its Q4 FY2025 results. It reported a net profit of ₹367 crore, which is a 28% increase. It also reported an 11.5% increase in revenue.

Company Overview

Company NameAbbott India Limited
Stock ExchangeBSE, NSE
Market Cap₹64,500 crore (approx. May 2025)
Parent CompanyAbbott Laboratories, USA (founded by Dr. Wallace C. Abbott in 1888)
Incorporation1944
HeadquartersMumbai, Maharashtra, India
SectorHealthcare
IndustryPharmaceuticals

Also Read – Tata Elxsi Announces Record Date for Dividend

Established in 1944 as a subsidiary of Abbott Laboratories (USA), Abbott India is a leader in the Indian Pharmaceutical Market (IPM), with 7 brands in the IPM’s Top 100 and 12 brands dominating their therapeutic categories. The company drives innovation, launching 8 new products in FY24.

While primarily focused on India, the company also serves neighboring markets like Sri Lanka, Nepal, and Bhutan, with exports contributing 2% to annual revenues

Tata Elxsi Announces Record Date for Dividend

tata elxsi dividend 2025 record date

Tata Elxsi Limited has informed stock exchanges about important dates for its 2025 Annual General Meeting (AGM) and dividend payment for the year ended March 31, 2025.

Company Overview:

FounderTata Group
SectorDesign and Technology Services
IndustryAutomotive, Broadcast, Healthcare, Transportation
Market CapApprox. ₹1.25 Lakh Crore
IPO Year1995

Tata Elxsi is a leading design and technology provider. The company works on embedded software and digital solutions. Rising demand in its sectors drove strong results in 2024–25. A high dividend shows the board is confident in steady cash flows and wants to reward investors.

Dividend Details

The board has set June 11, 2025, as the record date to decide who will receive the dividend.

Dividend per Share₹75
Face Value per Share₹10
Ex-dividend DateJune 10, 2022
Record DateJune 11, 2025
Approval at AGMJune 25, 2025
Expected Payment DateOn or before June 30, 2025

Also Read – This Pharma Giant Announces ₹475 Dividend

At its board meeting on April 17, 2025, Tata Elxsi recommended a dividend of ₹75 per equity share (face value ₹10), which translates to a 750% payout, subject to shareholder approval at the AGM . To determine who qualifies for this dividend, the company has set Wednesday, June 11, 2025, as the record date. Shareholders whose names appear on the company’s register or in the depositories’ records by the close of business that day will be entitled to receive the dividend .

For physical shareholders, the names as per the Register of Members at the end of June 11, 2025, will be eligible . For those holding shares electronically, eligibility will depend on the list of beneficial owners furnished by the depositories as of the same date and time .

Closure of Register of Members
To finalize the list of eligible shareholders and prepare for the AGM, the Register of Members will be closed from June 12, 2025, to June 25, 2025 (both days inclusive). No share transfers will be processed during this period.

Annual General Meeting
The 36th AGM of Tata Elxsi will take place on Wednesday, June 25, 2025, via video conferencing or other audio-visual means. The virtual format allows investors from across India and around the world to attend without the need to travel.

Also Read – Tata Motors Will Finalise Its 2025 Dividend on 20 June

Dividend Payment Timeline
Once shareholders approve the ₹75 dividend at the AGM, payments will be made on or before June 30, 2025, after deducting applicable taxes.

Tata Motors Will Finalise Its 2025 Dividend on 20 June

tata motors dividend 2025 record date

Tata Motors has fixed Friday, June 20, 2025, as the date for its 80th Annual General Meeting (AGM). Shareholders will meet to approve the final dividend for the year ended March 31, 2025. The meeting will also cover routine business matters.

Board Recommends 300% Dividend
At a board meeting held on May 13, 2025, the board of directors recommended a final dividend of ₹6.00 per equity share of ₹2 each. This works out to 300% of the share’s face value. The proposal now needs shareholder approval at the AGM. It will be paid to eligible shareholders on or before June 24, 2025.

Recommending vs Finalising a Dividend
When the board recommends a dividend, it is only a proposal. It shows what the directors believe the company can afford to pay. There is no legal obligation until shareholders vote. Finalising a dividend happens after shareholders vote in favour of the proposal at the AGM. Only then does the payout become binding and the company can distribute funds to eligible shareholders.

Also Read – Is ITC Giving a Dividend in 2025? – Ex-Dividend Date, Record Date, and Financial Results for Q4 FY25

Can a Recommended Dividend Be Cancelled?
Yes, a recommended dividend can be cancelled or changed before it is finalised. If new financial information emerges—such as weakened cash flow or unexpected costs—the board may revise its decision. Until shareholders approve the proposal at the AGM, it is not final.

Record Date, Ex-Dividend Date and Payment Timeline
Tata Motors has not yet stated the record date for its 2025 dividend but has confirmed the payment deadline of on or before June 24, 2025. The board may announce both the ex-dividend date and the record date at the AGM on June 20.

Note: Generally, record dates and ex-dividend dates are announced before the AGM, not at it. Companies often release these dates in advance to give shareholders time to plan their trades and ensure eligibility.

Modern electronic payment systems allow the company to credit accounts quickly once the eligible shareholder list is finalized.

Relation Between Ex-Dividend Date and Record Date
Under India’s T+1 settlement cycle, the ex-dividend date typically falls one business day before the record date.

For example, if the record date is January 15, the ex-dividend date would be January 14. Once the record date is officially declared, shareholders who held shares before the ex-dividend date will be eligible for the payout. Anyone buying shares on or after the ex-dividend date will not receive the dividend, since eligibility is determined based on holdings before the ex-dividend date.

Also Read – 5 Benefits of Cryptocurrency for Governments Around the World

Company Performance and Outlook
Tata Motors’ Q4 FY25 results showed mixed performance. Consolidated net profit fell 51% year-on-year to ₹8,470 crore, down from ₹17,407 crore in Q4 FY24. Revenue from operations remained largely flat at around ₹1.19 lakh crore, a marginal increase of 0.4% from the previous year.

EBITDA declined by 4.1% to ₹16,992 crore, resulting in an EBITDA margin of 14%, down 60 basis points. The passenger vehicles segment delivered moderate growth, while Jaguar Land Rover faced higher costs, affecting overall margins. Commercial vehicles recorded steady volumes, supporting revenue but unable to offset the profit decline.

What is Delta Based Open Interest?

What is Delta Based Open Interest?

In this article, we explain what is delta based open interest and how it helps traders understand real market positions by adjusting open interest with option delta for more informed and confident trading.

Delta-Based Open Interest is the total number of active futures and options contracts after each contract is weighted by its delta.

Open Interest (OI) is the total number of futures and options contracts that are still active. It shows how many positions are open at any time. OI helps traders see how lively the market is. Higher OI means more people are trading and the market has more liquidity.

Why Use a Delta-Based Framework?

Traditional OI counts every contract the same way. But options can behave differently depending on how close their price is to the actual asset price. This is where delta comes in.

  • Delta measures how much an option’s price changes when the underlying asset price moves by one unit.
  • Deltas range from -1 to +1. For a call option, delta is between 0 and +1. For a put option, delta is between -1 and 0.
  • A delta of 0.5 means the option price moves half as much as the underlying asset price.

The Future Equivalent (FutEq) method uses delta to adjust OI. This makes the OI number reflect real risk better.

How Delta-Based OI is Calculated?

  1. Find Each Contract’s Delta
    • For futures, delta is always +1 (or -1 if short).
    • For options, delta depends on how close the option’s strike price is to the current price.
  2. Multiply OI by Delta
    • Futures contracts count fully.
    • Options count less if their delta is below 1. For example, an at-the-money option with delta 0.5 adds only half a contract to the total.
  3. Add Up the Adjusted Numbers
    • Sum the adjusted open interest for all contracts.
    • This sum is the delta-based Open Interest or FutEq OI.

Advantages of Delta-Based OI

  • Better Risk Assessment
    By using delta, the OI shows how much real exposure traders have to price changes.
  • Fair Position Limits
    Regulators can set safer limits on how many contracts a person or firm can hold.
  • Reduced Market Manipulation
    When limits reflect real risk, it is harder for a few traders to sway the market.

SEBI’s Delta Rule and Position Limits

The Securities and Exchange Board of India (SEBI) has proposed using the delta-based method for setting gross position limits in index options. Limits may be raised to Rs. 10,000 crore using FutEq OI instead of the old notional method. This change aims to keep markets fair and stable.

  • Gross Position Limit is the maximum open exposure a client can have in index futures and options.
  • Under the FutEq system, if your options have lower deltas, you may hold more contacts safely.

Market-Wide Position Limit (MWPL)

Another key concept is Market-Wide Position Limit (MWPL). This cap applies to all traders combined for a single stock.

  • Today MWPL is 20% of a stock’s free-float market value.
  • SEBI plans to lower it to 15% or use 60 times the stock’s average daily volume.
  • If total delta-based OI reaches 95% of MWPL, trading bans start. The ban lifts when OI falls below 80%.

Why It Matters for Traders

  1. Clearer View of Market Activity
    Traders can judge if big players are really exposed or just holding low-risk options.
  2. Better Trading Decisions
    Knowing the true open interest helps traders pick strategies.
  3. Compliance with Rules
    Following delta-based limits avoids penalties for breaking position caps.

Conclusion

Delta-based Open Interest or FutEq OI is a smarter way to measure active futures and options contracts. It looks at how much an option’s price will move when the underlying asset moves. This method gives a truer picture of market risk. It also helps set fair and effective position limits. As SEBI moves toward using delta-based rules, Indian markets should become safer and more transparent.

The Best TD Easy Trade Promo Codes for 2025 You Can Use Right Now

Pine Script v6 tutorial

TD Easy Trade is a mobile trading app from TD Bank in Canada. It makes buying and selling stocks and ETFs simple and affordable. To help new users get started, TD Easy Trade offers several promo codes. These codes can save you money on fees or even give you bonus cash. In this article, we explain how each TD Easy Trade promo code works and how you can use them to your advantage.


What Is TD Easy Trade?

TD Easy Trade is a mobile app that lets you:

  • Buy and sell Canadian and U.S. stocks
  • Trade partial shares to invest with smaller amounts
  • Access TD ETFs commission-free forever
  • Open no‑fee accounts (Cash, TFSA, RRSP, FHSA)

With its clean design and clear fee structure, the app is perfect for both beginners and experienced traders.


Why Use a Promo Code

A promo code is a short string of letters or numbers that companies give to customers to unlock special deals. When you enter this code during sign-up or checkout, you can get discounts, fee waivers, or bonus rewards.

The terms “promo code” and “promotion code” mean the same thing. They refer to any code used in marketing campaigns to encourage you to try a product or service by offering you a benefit. You may see both names used, but they work exactly the same way.

Using a promo code for TD Easy Trade can help you:

  1. Save on transfer fees when you move assets from another broker
  2. Earn bonus cash by funding or transferring funds into your account
  3. Enjoy commission‑free trades without worrying about fees

These offers make it cheaper and easier to begin your investing journey.


Top 3 Best Promo Codes for TD Easy Trade in 2025

1. GETSTARTED: Transfer Fee Reimbursement

  • What it is: Reimburses up to $150 in transfer fees charged by your previous broker.
  • Who qualifies: New or existing Easy Trade clients who open or enroll in a Cash, TFSA, RRSP, or FHSA account and transfer at least $25,000 in assets.
  • How to claim:
    1. Sign up or enroll and enter GETSTARTED during account setup.
    2. Transfer $25,000 or more from another broker.
    3. Provide proof of fees.
    4. Receive up to $150 reimbursement within one month after transfer completion.

This code is ideal if you have a sizable portfolio elsewhere and want to switch without losing money on fees.

2. EASYSTART: $100 Bonus Cash

  • What it is: Earn $100 when you transfer at least $500 into your Easy Trade account.
  • Who qualifies: New or existing TD Easy Trade clients.
  • How to claim:
    1. Open or enroll by the offer deadline and enter EASYSTART.
    2. Transfer $500 or more by the specified date.
    3. Maintain the assets in your account for about six months.
    4. Receive $100 bonus by the end of the offer period.

This offer is perfect for investors who want to start small but still earn rewards.

3. Commission‑Free First 50 Trades

  • What it is: Your first 50 trades—both full and partial shares—are commission‑free.
  • Details:
    • Full shares trade at $0 for the first 50 trades.
    • Partial shares trade at $0 for the first 50 trades.
    • All TD ETFs always trade at $0 commission.
  • How to claim: No promo code needed. Simply open an account and start trading.

This benefit lets you explore different stocks and ETFs without paying fees.

Also Read – 5 Benefits of Cryptocurrency for Governments Around the World


How to Apply Your TD Easy Trade Promo Code?

Step-by-Step Guide

  1. Download the App
    • Find TD Easy Trade on the App Store or Google Play.
    • Ensure your device meets the app requirements.
  2. Open an Account
    • Choose Cash, TFSA, RRSP, or FHSA.
    • Complete the registration with your personal details.
  3. Enter the Promo Code
    • During sign‑up, look for the “Promo Code” field.
    • Type GETSTARTED or EASYSTART, depending on your choice.
  4. Fund or Transfer Assets
    • For GETSTARTED, transfer at least $25,000.
    • For EASYSTART, transfer at least $500.
    • Follow any deadlines and provide proof if required.
  5. Meet the Requirements
    • Hold assets for the required period if using EASYSTART.
    • Submit transfer fee receipts for GETSTARTED.
  6. Receive Your Reward
    • TD deposits reimbursements or bonus cash by the dates specified in the offer terms.

Tips to Maximize Your Reward

  • Read the Offer Terms: Check all deadlines and requirements on TD’s official website.
  • Pick the Right Code: Use GETSTARTED for larger portfolios or EASYSTART for smaller transfers.
  • Combine Offers with Free Trades: After using a code, benefit from your first 50 commission‑free trades.
  • Trade TD ETFs: Even after free trades end, TD ETFs remain free to trade.
  • Set Calendar Reminders: Note key dates so you don’t miss any deadlines.

Frequently Asked Questions (FAQs)

Q: Can I use both GETSTARTED and EASYSTART?
A: No. Each offer has its own rules. Choose the one that best fits your needs.

Q: Are there any account maintenance fees?
A: No. TD Easy Trade has no account maintenance fees for Cash, TFSA, RRSP, or FHSA accounts.

Q: When will I receive my bonus or reimbursement?
A: GETSTARTED reimbursements arrive within one month after your transfer completes. EASYSTART bonus cash posts after your six‑month hold period ends.

Q: I already have a TD Direct Investing account. Can I still use these codes?
A: Yes. You can enroll an existing Easy Trade account in the offer, provided you meet the transfer or funding requirements.


Conclusion

Using a TD Easy Trade promo code can help you save on fees or earn bonus cash. Choose GETSTARTED for transfer fee reimbursement or EASYSTART for a $100 bonus. Don’t forget to take advantage of the first 50 commission‑free trades. Start investing today and make the most of these offers!

Keep visiting this blog post for new updates on TD Easy Trade promo code offers.

Is ITC Giving a Dividend in 2025? – Ex-Dividend Date, Record Date, and Financial Results for Q4 FY25

ITC LIMITED DIVIDEND 2025 - EX-DIVIDEND DATE, RECORD DATE, PAYMENT DATE

In this article, we will discuss ITC Dividend 2025. We will also talk about the ex-dividend date, record date, and payment date for ITC Dividend 2025. ITC Limited’s dividend history will also be covered. We will look into the recent financial performance of ITC for Q4 FY2025 and explore other important financial metrics. So, let us get started.

About ITC Limited

Stock SymbolBSE: 500875, NSE: ITC
IPO Year1978
Stock ExchangeBSE, NSE
Market Cap₹5.12 lakh crore
FounderGovernment of India
Incorporation1910 (as Imperial Tobacco Company of India)
HeadquartersKolkata, West Bengal, India
SectorFMCG, Hotels, Paperboards & Packaging, Agri-Business, Information Technology
IndustryFast-Moving Consumer Goods (FMCG)
SpecializationTobacco products, Branded packaged foods, Stationery, Agri-commodities, IT services

ITC Limited began in 1910 as the Imperial Tobacco Company of India. Over time, it diversified into new businesses like hotels and FMCG. Today, ITC is a leader in cigarettes and has strong brands in foods, stationery, and agri-business.

Headquartered in Kolkata, ITC serves customers across India and in over 90 countries. The company has manufacturing units for cigarettes, packaged foods, paperboards, and agri-products. ITC also runs luxury hotels in India under the ‘Welcomhotel’ brand.

In 2005, ITC entered the paperboards and packaging business, becoming one of the largest in India. It later launched branded packaged foods like ‘Aashirvaad’ atta and ‘Sunfeast’ biscuits. The company expanded into agri-business with farm development programs and retail outlets.

ITC’s IT services arm provides software solutions to global clients. The company focuses on sustainability and has large forest plantations to support its paperboards division. Through its diverse businesses, ITC creates long-term value and steady returns for shareholders.


ITC Dividend 2025 Announcement

In an exchange filing on 8th May 2025, ITC informed investors about the Q4 results for FY 2024-25 and the final audited results for the same period. Along with that, ITC also mentioned the announcement of the ITC Dividend for 2025.

According to an official exchange filing dated 8th May 2025, the ITC Board of Directors will meet on 22nd May 2025 to consider and approve the audited financial results for FY 2024-25 and to recommend the final dividend.

Important Dates for ITC Dividend 2025

  • The ex-dividend date for ITC 2025 dividend is (to be updated).
  • The record date for ITC dividend 2025 is (to be updated).
  • The payment date for ITC dividend for 2025 is (to be updated).

Let us summarise the important dates for ITC Dividend 2025:

Dividend Declaration22 May 2025
Ex-Dividend DateTo be updated
Record DateTo be updated
Payment DateTo be updated

Also Read – Tata Motors Dividend 2025 Announced? – Record Date, Ex-Dividend Date & More

ITC Dividend History

DateDividend TypeAmount (₹)
12 Feb 2025Interim Dividend6.50
04 Jun 2024Final Dividend7.50
08 Feb 2024Interim Dividend6.25
30 May 2023Final Dividend6.75

As we can see, ITC has consistently rewarded its shareholders with attractive dividends. Despite market challenges, the company maintains a strong dividend culture.

What is the difference between Interim Dividend and Final Dividend?

Interim dividends are paid before the company’s full-year results are finalized, based on performance in the early part of the financial year. Final dividends are declared after the full-year audited results, approved at the AGM, and reflect the company’s overall annual performance.

How to Apply for ITC Limited Dividend 2025?

You do not need to apply yourself. Your broker and the company handle everything. Just ensure that your shareholding details and bank information are up to date. Then, on or after [Dividend Payment Date], ITC will directly credit the dividend to your bank account.

ITC Limited Dividend 2025 – Tax Rules Explained

Since April 2020, dividends are taxable in the hands of shareholders. If your total dividend income exceeds ₹5,000 in a year, the company will deduct 10% TDS, unless you submit a lower-tax certificate. You must include all your dividend income when filing your tax return.


Jane Street Caught Creating an Order Block? – Smart Money Concepts Explained

orderblocks by big trading institution

There has been a serious allegation made by the National Stock Exchange of India (NSE) on a well-known global trading firm, Jane Street. According to a detailed report published by Moneycontrol, NSE’s surveillance system flagged some of Jane Street’s Futures and Options (F&O) trades on the exchange platform. The concern raised by NSE revolves around a specific trading pattern – one where Jane Street first opens a position in a particular direction and then quickly reverses it. What’s even more intriguing is that both trades – the entry and exit – were done with the same counterparty.

This kind of trade pattern raised suspicion within NSE, which led them to reach out to Jane Street’s custodian bank to get clarification. The custodian responded by stating that these trades were entirely algorithm-driven, meaning they were not executed by humans but by machines. These algorithms, according to the response, are powered by Artificial Intelligence and can operate in microseconds. They claimed that there was no malicious intent behind these trades.

While the investigation is still ongoing and no final conclusion has been reached yet, the incident has sparked fresh discussion within the trading community about algo-trading and strategies like Orderblock, which are part of the Smart Money Concept (SMC), also known as ICT-SMC developed by Michael J. Huddleston.


What is an Orderblock in Trading?

In trading, especially in the world of Smart Money Concepts, the term “Orderblock” plays a significant role. An orderblock refers to the last candle in the opposite direction before a big move.

  • If the market is going to move up, the last bearish (down) candle before the upward move is called a Bullish Orderblock.
  • If the market is going to move down, the last bullish (up) candle before the drop is called a Bearish Orderblock.

This idea is based on the belief that the market often creates a fake move in the opposite direction to grab liquidity before making the real move. This is also known in simple terms as stop hunting. The goal is to remove weak traders from the market by hitting their stop-loss orders.

Also Read – Forget Stocks – Warren Buffett’s Life-Changing Advice from the 2025 Berkshire Hathaway Investors Meeting Will Open Your Eyes

In the Jane Street case, the pattern observed — opening a position and then reversing it with the same counterparty — could resemble a fake move or liquidity grab like what we see in the orderblock theory.


Algo and Derivatives Trading Boom in India

In recent years, algo and derivatives trading has seen a massive surge in India. At the same time, retail participation has also exploded. More and more young traders and investors are entering the market, especially in the F&O segment.

To tackle the rising risks and to protect retail investors, SEBI introduced a series of new rules. These included increasing the lot size of F&O contracts, raising margin requirements, and other steps designed to reduce speculation and bring down overall trading volume.

These new rules have indeed shown some impact. The F&O volume has seen a notable drop, and retail participation has cooled off to some extent. But incidents like the Jane Street probe show that algorithmic trading is still very much active and can play a large role in market movements.


Financial Growth of Jane Street – What Is a Prop Trading Firm?

Jane Street Capital, a prominent proprietary trading firm, has experienced remarkable financial growth in recent years. In 2024, the firm reported a net trading revenue of $20.5 billion, nearly doubling its previous year’s earnings of $10.6 billion. This substantial increase underscores Jane Street’s significant role in global financial markets.

Proprietary trading firms like Jane Street operate by trading financial instruments using their own capital, rather than on behalf of clients. This approach allows them to retain all profits from their trading activities. Jane Street’s success is attributed to its expertise in high-frequency trading, market-making, and the use of sophisticated algorithms and artificial intelligence to execute trades across various asset classes and global markets.

The firm’s impressive financial performance reflects its strategic expansion and technological advancements, solidifying its position as a leader in the proprietary trading industry.


The Debate on Fairness and Transparency

This probe also brings back the age-old debate – is algo trading fair? Can machines really play a level field with retail traders? Machines can make decisions in microseconds. They don’t feel fear, greed, or panic. They just follow code and logic.

While there’s nothing illegal about using algos, the worry is about whether these systems are being used in a way that manipulates market conditions or takes unfair advantage of retail participants. That’s what NSE is trying to find out in this case.

The custodian has said that Jane Street’s trades had no bad intent and were fully machine-driven. But regulators want to ensure that there’s no pattern of manipulation or misuse of market structure.


Why Retail Traders Should Be Aware

Retail traders must understand that the market is not just a game of charts and indicators. There are big players, high-frequency traders, and algos operating behind the scenes. Strategies like Smart Money Concepts or Orderblocks are attempts to understand what these big players might be doing.

Understanding concepts like orderblocks can help retail traders avoid traps and fake breakouts. These theories suggest that markets are often moved by institutions to trigger retail stop-losses before the real move happens.

So when you see a sudden fake move in the market and then a quick reversal, think about whether that was just a stop hunt. These concepts aren’t perfect, but they give you a different way to see the market.


Conclusion

The probe into Jane Street’s F&O trades by NSE is still underway. Until the investigation is complete, we cannot say for sure whether any rules were broken. But this situation has shed light on how sophisticated modern-day trading has become. With machines, AI, and algorithms entering the market, trading is evolving faster than ever.

Retail traders must keep learning and stay aware. Understanding advanced concepts like orderblocks and being aware of how big players operate can offer an edge in this fast-paced environment.


No More Fighting Between India and Pakistan as Trump Intervenes: A Big Relief for Investors

India vs Pakistan war 2025 Donald Trump usa

The world watched nervously as India and Pakistan almost went to war. It all began on April 22, 2025, when a deadly terrorist attack in Pahalgam, Kashmir, killed 26 people. This terrible event set off a chain reaction. India responded with Operation Sindoor, striking militant targets. That, in turn, raised fears of a full-scale conflict. Investors in both countries panicked, worried their money might vanish overnight.

Then, in an unexpected twist, former U.S. President Donald Trump brokered a ceasefire. On May 10, 2025, he announced that both nations agreed to stop fighting. For markets on edge, this can be a huge sigh of relief. In this article, we’ll look at how stock markets in India and Pakistan reacted, and we’ll place this event in a wider, historical context.

Indian Stock Market: Holding Steady

Surprisingly, India’s stock market did not crash when tensions grew. The BSE Sensex and NSE Nifty-50, India’s main stock indexes, stayed strong. After the Pahalgam attack on April 22, 2025, many thought investors would rush to sell. Instead, the Nifty-50 even opened higher the very next day.

Again, on May 7, 2025, after Operation Sindoor, the market closed up by 35 points. This modest gain showed that investors believed India could handle regional conflicts. Experts point to India’s solid economy, steady growth in GDP, and a wide mix of companies as reasons for this calm. Over the years, India has faced border skirmishes without full-blown war. Many investors remembered those times and stayed calm. When Trump announced the ceasefire on May 10, this confidence grew even stronger. The market avoided a sharp drop and continued to move up.


Pakistani Stock Market: A Steep Fall

In Pakistan, the picture was very different. The Pakistan Stock Exchange (PSX) suffered a heavy crash as tensions rose. On May 8, 2025, the KSE-100 index fell by 6.3% in one day. This drop triggered an automatic trading halt after the index lost 7%. It was the worst one-day crash since the crisis began. Actually, the trouble started right after April 22. Over the following weeks, the KSE-100 lost about 4% of its value.

On April 30 alone, it fell 3.09%. There was a small bounce back of 2.5% on May 2, but it did not last. Investors worried about Pakistan’s weak economy. High inflation and low foreign currency reserves made people sell.


Trump’s Mediation: A Game Changer

Enter Donald Trump. In an unexpected move on May 10, 2025, he used his platform on X (formerly Twitter) to declare that India and Pakistan agreed to a “full and immediate ceasefire.” He praised both sides for using “common sense and great intelligence.”

This announcement is like a switch being flipped. Markets that had been moving wildly due to fear may now calm down. Investors might see a clear end to the risk of a full-scale war. This sense of certainty can help traders shift from panic to cautious optimism.

Also Read – Tata Motors Dividend 2025 Announced? – Record Date, Ex-Dividend Date & More


How Wars Affect Markets?

History shows that wars often cause short-term market panic, but markets tend to recover when peace returns.

For example, when World War II began in 1939, the Dow Jones Industrial Average dropped by 30% in a year.

Yet by 1945, it had climbed 50% higher than its pre-war level. War production and the promise of peace fueled that rebound.

Similarly, during the Gulf War in 1990, the S&P 500 fell 15% over six months. Once the conflict ended, the index bounced back quickly.

The pattern is clear: uncertainty causes an initial drop, but stability brings recovery. In the India-Pakistan case, Pakistan’s crash matched those early war shocks. India’s market, however, showed stronger resilience. The quick ceasefire helped India stabilize even faster.


Global Ripple Effects

The crisis in South Asia did not stay in South Asia. Global markets felt the impact too. Some sectors actually benefited. Chinese defense stocks, for instance, went up as Pakistan used Chinese-made weapons. Investors who held those stocks saw gains. But many portfolios with exposure to emerging markets in Asia faced new risks.

A conflict in one region can shake markets on the other side of the planet.


Conclusion

In conclusion, this ceasefire may boost confidence in markets around the world. India’s stock market may become more secure, and investors may have the chance to plan with greater certainty. Even in the toughest times, hope can lead to new opportunities. Ultimately, peace may prove to be the strongest foundation for stable economies.

What is a Ceasefire?

ceasefire (or “cease-fire”) is a temporary or permanent halt in fighting between warring parties. It is usually agreed upon by governments, military forces, or armed groups to stop violence, allow negotiations, or facilitate humanitarian aid.

What Does “Full and Immediate Ceasefire” Mean?

A “full and immediate ceasefire” refers to a binding agreement where all parties involved in a conflict must halt all military operations, attacks, and hostilities completely and unconditionally (“full”), leaving no room for exceptions. Additionally, the ceasefire takes effect instantly (“immediate”), requiring forces to stop fighting without delays, phased withdrawals, or preparatory steps. Such ceasefires are often mediated by neutral third parties, such as the United Nations or the United States, to prevent further escalation of violence and lay the groundwork for diplomatic negotiations aimed at resolving the underlying causes of the conflict. This type of ceasefire is designed to create an urgent pause in fighting, reduce civilian harm, and foster conditions for lasting peace talks.

Can war resume after a ceasefire?

 Yes. If peace talks fail, trust breaks down, or terms of the ceasefire are violated, fighting can restart. For example, India and Pakistan have had multiple ceasefires over decades, but tensions occasionally flare up again.

Does a ceasefire directly impact stock markets?

A ceasefire typically boosts stock markets by reducing risk and encouraging investment. However, gains depend on the ceasefire’s credibility, diplomatic follow-through, and absence of violations. Markets reward lasting peace, not just pauses in fighting.

What does ‘Custodian of a Foreign Fund’ mean?

'Custodian of a Foreign Fund' meaning

A custodian bank is like a safe-keeper for a foreign fund’s money and assets. Here is how it works in simple steps:

  1. Holding the assets
    • The foreign fund buys stocks, bonds, or other investments in India.
    • The custodian bank keeps those investments in its name on behalf of the fund.
  2. Keeping records
    • It keeps track of exactly how many shares or bonds the fund owns.
    • It records every time the fund buys or sells something.
  3. Settlement of trades
    • When the fund makes a trade, the custodian makes sure money and assets move correctly.
    • It sends the payment to the seller and makes sure the shares arrive.
  4. Collecting income
    • If a company pays a dividend or a bond pays interest, the custodian bank collects that money.
    • Then it passes the money on to the foreign fund.
  5. Reporting and compliance
    • The custodian gives regular statements to the fund showing what it holds and how much it is worth.
    • It also helps meet local rules and tax requirements so the fund stays legal.