.
  • NIFTY 25,051.60 +83.20 (+0.33%)
  • SENSEX 82,083.12 +325.39 (+0.40%)
BSE
NSE

Monday, July 21, 2025 , BSE Sensex : 82,083.12 82,083.12(0.40%) , Adani Ports : 1,439.80 1,439.80(-0.20%) , Asian Paints : 2,373.55 2,373.55(-0.36%) , Axis Bank : 1,094.15 1,094.15(-0.45%) , Bajaj Finance : 947.95 947.95(0.65%) , Bajaj Finserv : 2,048.30 2,048.30(0.93%) , Bharat Electron : 399.00 399.00(1.09%) , Bharti Airtel : 1,907.20 1,907.20(0.32%) , Eternal Ltd : 261.85 261.85(1.75%) , HCL Technologies : 1,532.35 1,532.35(-1.08%) , HDFC Bank : 1,991.30 1,991.30(1.73%) , Hind. Unilever : 2,483.20 2,483.20(-0.23%) , ICICI Bank : 1,464.05 1,464.05(2.63%) , Infosys : 1,578.70 1,578.70(-0.49%) , ITC : 421.90 421.90(-0.18%) , Kotak Mah. Bank : 2,155.15 2,155.15(0.67%) , Larsen & Toubro : 3,492.50 3,492.50(0.82%) , M & M : 3,218.15 3,218.15(0.75%) , Maruti Suzuki : 12,385.70 12,385.70(-0.30%) , NTPC : 340.90 340.90(-0.34%) , Power Grid Corpn : 295.10 295.10(0.36%) , Reliance Industr : 1,444.10 1,444.10(-2.22%) , St Bk of India : 822.80 822.80(-0.06%) , Sun Pharma.Inds. : 1,693.60 1,693.60(0.02%) , Tata Motors : 678.55 678.55(-0.24%) , Tata Steel : 163.90 163.90(0.86%) , TCS : 3,166.70 3,166.70(-0.73%) , Tech Mahindra : 1,546.00 1,546.00(-0.16%) , Titan Company : 3,394.40 3,394.40(-0.22%) , Trent : 5,372.95 5,372.95(0.04%) , UltraTech Cem. : 12,659.85 12,659.85(1.29%) ,

Nifty 50 : 25,051.60 83.20(0.33%) , Adani Enterp. : 2,613.80 17.70(0.68%) , Adani Ports : 1,441.30 -1.80(-0.12%) , Apollo Hospitals : 7,313.50 10.00(0.14%) , Asian Paints : 2,373.60 -8.80(-0.37%) , Axis Bank : 1,096.10 -3.20(-0.29%) , Bajaj Auto : 8,406.00 58.50(0.70%) , Bajaj Finance : 948.10 6.10(0.65%) , Bajaj Finserv : 2,048.80 19.20(0.95%) , Bharat Electron : 398.95 4.20(1.06%) , Bharti Airtel : 1,909.90 8.90(0.47%) , Cipla : 1,477.90 -4.40(-0.30%) , Coal India : 386.85 -1.65(-0.42%) , Dr Reddy's Labs : 1,255.80 -1.70(-0.14%) , Eicher Motors : 5,599.50 -28.00(-0.50%) , Eternal Ltd : 261.20 4.00(1.56%) , Grasim Inds : 2,746.80 18.30(0.67%) , HCL Technologies : 1,536.00 -12.80(-0.83%) , HDFC Bank : 1,990.50 33.10(1.69%) , HDFC Life Insur. : 746.80 7.30(0.99%) , Hero Motocorp : 4,395.20 -1.50(-0.03%) , Hind. Unilever : 2,485.00 -4.60(-0.18%) , Hindalco Inds. : 684.90 9.00(1.33%) , ICICI Bank : 1,460.20 34.40(2.41%) , IndusInd Bank : 848.80 -21.25(-2.44%) , Infosys : 1,579.70 -6.40(-0.40%) , ITC : 422.00 -0.75(-0.18%) , Jio Financial : 317.15 0.30(0.09%) , JSW Steel : 1,029.00 -5.40(-0.52%) , Kotak Mah. Bank : 2,150.40 9.90(0.46%) , Larsen & Toubro : 3,489.70 24.90(0.72%) , M & M : 3,219.00 26.60(0.83%) , Maruti Suzuki : 12,388.00 -31.00(-0.25%) , Nestle India : 2,465.00 -7.20(-0.29%) , NTPC : 341.20 -0.90(-0.26%) , O N G C : 245.62 -0.69(-0.28%) , Power Grid Corpn : 295.45 1.30(0.44%) , Reliance Industr : 1,444.50 -31.50(-2.13%) , SBI Life Insuran : 1,790.10 1.70(0.10%) , Shriram Finance : 647.10 1.60(0.25%) , St Bk of India : 823.20 -0.15(-0.02%) , Sun Pharma.Inds. : 1,693.80 0.20(0.01%) , Tata Consumer : 1,084.20 -11.70(-1.07%) , Tata Motors : 680.30 0.05(0.01%) , Tata Steel : 164.23 1.86(1.15%) , TCS : 3,168.20 -21.70(-0.68%) , Tech Mahindra : 1,547.40 -1.50(-0.10%) , Titan Company : 3,395.20 -7.70(-0.23%) , Trent : 5,383.50 8.50(0.16%) , UltraTech Cem. : 12,641.00 143.00(1.14%) , Wipro : 262.45 -4.50(-1.69%) , Monday, July 21, 2025

Home >> Markets >> Equities >> News - News Details
Economy - Reports
10-Jul-2025     10:46
RBI issues draft norms for novation of OTC derivative contracts

The Reserve Bank on Wednesday issued draft guidelines for novation of OTC derivative contracts with a view to rationalising the related regulatory requirements. Novation means the replacement of a market maker with another market maker in an OTC derivative contract between two counterparties to an OTC derivative transaction with a new contract between remaining party and a third party (transferee). The transaction shall be undertaken at prevailing market rates, said the Draft Reserve Bank of India (Novation of OTC Derivative Contracts) Directions, 2025.

It further added that the Fixed Income Money Market and Derivatives Association of India (FIMMDA) and the Foreign Exchange Dealers' Association of India (FEDAI), as applicable, in consultation with market participants and based on international best practices, shall devise standard agreements for novation. Market participants may, alternatively, use a standard master agreement for novation, the draft said.

Powered by Capital Market - Live News