NSE revised the charges for the cash market to Rs 2.97 per side per lakh of traded value
Other market infrastructure institutions have also revised their charges as per the Sebi mandate
The National Stock Exchange (NSE) plans to expand its colocation data centre at its headquarter in Mumbai for trading members with an almost three-fold increase in number of racks to over 4,000 within the next three years, sources said on Wednesday. The expansion will be carried out at the NSE's existing building at Exchange Plaza, Bandra Kurla. The decision is based on member feedback and aimed at enhancing ease of operations and increasing the availability of racks for trading members. Currently, NSE offers 1,400 racks to members, and the planned expansion will boost this capacity to over 4,000 racks within the next three years. Further expansions will be made available as per additional requirements, they added. Co-location facility allows stock brokers to place their servers at a stock exchange in consideration of a fee, giving them access to price data a fraction of second before other participants. NSE, which is the largest stock exchange globally in terms of orders and tra
Engineering and construction giant Larsen & Toubro has acquired 12.5 million equity shares in not-for-profit company Indian Foundation for Quality Management
Company's issue had garnered bids over Rs 10,000 cr; participants approached Sebi alleging irregularities
Interestingly, NSE's unlisted share price has increased by almost three times in the past three years, with its current price ranging from Rs 6,000 to Rs 6,200 per share
The outlook for Indian equities market in FY25 appears promising, supported by various factors such as economic recovery, stable government, increased focus on reforms, and rise foreign investments.
The Bajaj Housing Finance IPO became India’s most subscribed ever, with total bids reaching Rs 3.24 trillion.
IFSCA's July nod opens the route for derivatives on the 30-share index: Sources
As investors anticipate the company's listing on the BSE and NSE, the strong GMP suggests a positive market reception
The NSE Nifty 50 and the S&P BSE Sensex both rose about 0.6% to hit all-time highs, before trimming some gains to settle up 0.4% at record closing levels
Power Grid on Wednesday said it has acquired a project-specific special purpose vehicle for evacuation of power from Bhadla-III power station in Rajasthan. In a BSE filing, Power Grid said it emerged as the successful bidder for the said project after competing with other private sector players in a tariff-based competitive bidding (TBCB) process. "Power Grid has acquired Bhadla-III Power Transmission for establishing the transmission system associated with additional transmission system for evacuation of power from Bhadla-III PS as Part of Rajasthan REZ Phase-III Scheme (20 GW)," it said. The Project is an Inter State Transmission System Project and is to be commissioned in 18 months from the date of transfer of the SPV.
Both NSE and BSE have cautioned investors against fake trading app scams. Zerodha co-founder Nithin Kamath also flagged the issue on X. Watch the video to know all about it.
Automaker Mahindra & Mahindra has a sum of Rs 100.63 crore set aside as a contingent liability
Vedanta group firm Hindustan Zinc Ltd (HZL) on Thursday said BSE and NSE have imposed a fine of Rs 5.37 lakh each on the company for non-compliance with Sebi regulation relating to number of independent directors on board. The company said it is making constant efforts and follow-ups are being made with the mines ministry to meet the compliance requirements. "The company has received a notice issued by BSE and NSE dated August 21, 2024, levying fine for non-compliance with Regulation 17(1) of the SEBI Listing Regulations, w.r.t the Composition of Board of Directors relating to number of independent directors," it said in a filing. Further, the requirement of the woman independent director on the company's board has already been fulfilled, it said. At present, there are three independent directors on the company's board.
Nuvama Wealth Management was listed on the BSE and NSE in September 2023, following the demerger of Edelweiss Financial Services' wealth management business
Exchange's board has advised payment of Rs 167 cr of dues after regulator's response to letter seeking a review
This data covers all companies listed on the NSE and those exclusively listed on BSE with a market capitalisation exceeding Rs 1,000 crore
Other stock market holidays for the year include Gandhi Jayanti on Oct 2, Diwali on Nov 1, Guru Nanak Jayanti on Nov 15, and Christmas on Dec 25
Q1FY25 company results: Cosco India, Bajaj Healthcare, Reliance Infrastructure, and Coffee Day Enterprises will be releasing their quarter results on Aug 14