Stock Exchanges

New Sebi framework aims to reduce duplication of penalties, bring uniformity across exchanges, and ease compliance for brokerage firms

Key proposals include merging equity and commodity IPFs, introducing a three-year limit on investor claims, and tightening norms for exclusively listed firms

The move is seen as a step forward in the exchange's long-pending plan to go public

Angel One and BSE lose nearly 20% market value in six sessions as SEBI hints at reforms in equity derivatives, sparking fears over weekly contracts

According to the National Stock Exchange's Market Pulse report, the trend since FY23 has been a gradual increase in the number of investors aged 30 and above

The BSE froze promoter demat accounts in 457 companies, according to data from the Securities and Exchange Board of India's (Sebi's) 2024-25 annual report released on August 12

The offer will remain open until July 28, with anchor investor bidding set to begin a day earlier on July 23, as per the company's RHP

The influx of global trading firms has opened up opportunities for India's two main exchanges, which are both upgrading their tech infrastructure

Leading stock exchange BSE on Tuesday reported a multi-fold jump in net profit to Rs 494 crore during the March quarter. The exchange had posted a net profit of Rs 107 crore in the year-ago period, BSE said in a regulatory filing to the National Stock Exchange (NSE). Its total income rose to Rs 926.4 crore in the January-March period from Rs 543.3 crore a year earlier. The exchange has declared a special dividend of Rs 5 and a normal dividend of Rs 18, resulting in a final dividend of Rs 23 per equity share for the FY25. For the full fiscal year 2024-25, the bourse's net profit grew over-three fold to Rs 1,322 crore from Rs 404 crore in FY24. Its total income doubled to Rs 3,236 crore for FY25 from Rs 1,596 crore in the preceding fiscal. For FY25, BSE traded 30.5 billion contracts in equity derivatives segment, generating a total revenue of Rs 1,415 crore. Further, total number of transactions in BSE StAR MF grew 61 per cent to reach 66.3 crore in FY25 from 41.1 crore last year,

Markets regulator Sebi has strengthened the governance framework of market infrastructure institutions -- stock exchanges, clearing corporations and depositories -- by prescribing a mandatory cooling-off period for directors before they can join a competing institution. To give this effect, Sebi has amended Securities Contracts (Regulation) (Stock Exchanges and Clearing Corporations) Regulations, 2018 or SECC Regulations as well as Depositories and Participants norms 2018. In two separate notifications dated April 30, Sebi said that a non-independent director serving on the board of a market infrastructure institution will be eligible for direct appointment to the board of a competing institution after meeting two conditions -- a cooling-off period and prior approval of the appointment from the regulator. "Non-independent director on the governing board of a recognised stock exchange or a recognised clearing corporation may be appointed in another recognised stock exchange or a ...

Under the revised timeline, all terms and conditions of the original offer remain unchanged

As of February, 142 SME firms have migrated to the mainboard from NSE Emerge platform

Since March 28, the stock price of BSE has appreciated by 34% after the NSE deferred its plan to change the day of expiring of its contracts from Thursday to Monday.

Renewable energy solutions provider Waaree Renewable Technologies on Wednesday announced that it has been listed on the National Stock Exchange of India (NSE). "Waaree Renewable Technologies Limited's NSE debut is a strategic inflection point. It provides the company with wider stakeholder engagement, and enhanced capital access to drive future expansion," the company said in a statement. Shares of the company were trading 0.85 per cent lower at Rs 856.95 apiece on the NSE. This listing not only elevates the company's market visibility and investor accessibility but also highlights its remarkable growth trajectory and commitment to building a greener, self-reliant India, the statement said. "Being listed on the NSE is a defining moment in our journey. It symbolises scale, credibility, and intent," said Viren C Doshi, Director at WRTL. With execution of over 1.82 GW in solar EPC installations and currently managing execution of an additional 1.7 GW of projects, WRTL has solidified

In a regulatory filing, Bosch said the delay in paying the tax 'is inadvertent and is swiftly reported, once it was brought to the notice'

As per the scheme's terms, the merger will take effect from the first business day of the month following the fulfilment of all conditions

Leading stock exchange BSE on Thursday reported its net profit doubling to Rs 220 crore for three months ended December 2024. It posted a net profit of Rs 108.2 crore in the same quarter preceding fiscal, BSE said in a statement. The exchange recorded its highest-ever quarterly revenue of Rs 835.4 crore in the October-December quarter of the current financial year (FY25), a 94 per cent jump from Rs 431.4 crore in the same period preceding fiscal. BSE witnessed an average daily turnover of Rs 6,800 crore for the quarter under review compared to Rs 6,643 crore a year ago. Its derivatives segment sustained its growth trajectory in the quarter with a daily premium turnover of Rs 8,758 crore against Rs 2,550 crore in the year-ago period. "Throughout 2024, BSE demonstrated focus and resilience, amidst challenges on the business and regulatory front, by introducing new products and market enhancements and expanding our strategic footprint. "Whilst the road ahead will not be without ...

The report for first such external evaluation of performance will be submitted by September 30

The tie-ups at present are mostly pro-bono arrangements, but the exchange wishes to monetise them in the future as and when it gets adequate experience and expertise

Sebi announced that a credit rating agency would act as the verification agency, while a stock exchange will serve as the data centre