The gap between the Sensex and Nifty continued for a fourth session as investors adjusted to the new closing auction mechanism for stocks with derivatives contracts
The day's opinion highlights flaws in closing auctions, the funding challenge in digital payments, humane KYC, cognitive warfare and everyday gender discrimination
The exchange has asked brokers to promote investor participation, display indicative equilibrium prices and strengthen order-routing tools to improve price discovery under the new closing auction fram
Leading stock exchange BSE Ltd on Tuesday reported a 62 per cent jump in consolidated net profit to Rs 872.66 crore for the quarter ended June 2026, driven by strong revenue growth. The exchange had posted a net profit of Rs 538 crore in the same quarter of the preceding fiscal. BSE's total income surged 63 per cent to Rs 1,706.72 crore in the June quarter from Rs 1,044.45 crore in the year-ago period, according to a regulatory filing to the NSE. On a sequential basis, net profit increased nearly 10 per cent from Rs 795.47 crore in the March 2026 quarter, while total income rose from Rs 1,630 crore. The exchange's total expenses climbed to Rs 536.69 crore in the June quarter from Rs 359.34 crore a year ago. Among key expenses, regulatory contribution stood at Rs 192.78 crore, clearing and settlement expenses at Rs 90.28 crore, employee benefit expenses at Rs 87.05 crore and technology costs at Rs 60.82 crore.
The new closing auction mechanism for F&O stocks led to an unusually wide gap between Sensex and Nifty, with market participants citing auction dynamics and liquidity
Zerodha founder Nithin Kamath, in a recent social media post, explained that this move is aimed at curbing stock price manipulation.
Mock trading is under way as exchanges prepare for the phased rollout of the closing auction session to determine closing prices for derivative-linked stocks
NBFC reports strong June-quarter earnings on robust retail loan growth and higher net interest income, while its board approves a fund raise of up to Rs 4,000 crore
Revenue from operations rose 26.8% to ₹1,226.09 crore, while assets under management stood at ₹7.77 trillion and asset management profit before tax grew 54.5%
Bhubaneswar-headquartered GovTech company lists after a successful IPO, with proceeds earmarked for working capital, debt repayment and strategic expansion
Average daily cash market turnover across the NSE and BSE fell 7 per cent in June, while derivatives activity edged up on higher volumes during the month's final expiry sessions
BSE launches a REIT-focused index as mutual funds gear up for new schemes, while Waterways Leisure debuts at a discount and Advit Jewels lists with strong gains
July has traditionally been one of the strongest months for Indian equities. As earnings season begins and investors watch the monsoon and foreign flows, can history repeat itself?
Stock declines over 3% after Ashok Vaswani says he will step down in December, with brokerages warning leadership succession uncertainty could weigh on sentiment
BSE Ltd on Monday said it will directly manage the licensing of its market data products for international clients starting January 1, 2027, a function currently handled by Deutsche Borse AG. International clients will continue to receive BSE Market Data Products from BSE starting January 1, 2027, with no interruption in service, the exchange said in a statement. BSE and Deutsche Borse AG are working together to ensure a smooth transition throughout the migration process. There will be no change for clients based out of India, who will continue to access market data products directly from BSE. In October 2013, BSE and Deutsche Borse AG entered into a market data service agreement for licensing BSE market data products to all international clients. Under this agreement, Deutsche Borse AG was responsible for sales and marketing of all BSE market data products to customers outside of India, while BSE serves all the domestic clients directly.
The milestone was achieved for the first time since May 8 as falling crude oil prices and optimism over easing West Asia tensions boosted investor sentiment
As NSE moves closer to its long-awaited IPO, investors are weighing its valuation and growth prospects against listed rival BSE
Cash market turnover hit a 22-month high in May, driven by strong mid- and small-cap participation, while derivatives volumes stayed muted amid regulatory curbs
According to BSE data, the advance-decline ratio (ADR) stood at 1.06 in May, with 2,498 stocks gaining and 2,352 declining, even as the Sensex fell nearly 3 per cent during the month
Redtape reported a consolidated net profit of ₹69.88 crore, up 70 per cent from ₹41.2 crore in the year-ago period