Page 39 - Bse

Oyo pre-files DRHP with Sebi, cuts issue size to $400-600 million

The DRHP was filed under the confidential pre-filing route with a reduced issue size of $400-600 million, all of which will be raised through a primary issuance, in a bid to repay the firm's debt

Benchmark Sensex gains 346 points on firm trends in global markets

Buying in services, realty, commodities and auto stocks also added to the positive momentum

Banking, IT stocks winning bets over 10 years, but rarely move in step

An analysis shows the average return divergence between these two sectors during the past decade has been 37%

Udayshivakumar Infra IPO: Shares to be allotted today; learn how to check

Udayshivakumar Infra IPO listing date: The shares of the IPO are expected to be listed on the bourses on April 3

Top headlines: After SC say on fraud, onus on banks, Adani Green under ASM

Business Standard brings you the latest headlines at this hour

NSE, BSE put Adani Green Energy under 2nd stage of longterm ASM framework

Leading bourses NSE and BSE have said that Adani Green Energy will be put under the second stage of the long-term additional surveillance measure (ASM) framework from Tuesday. In two separate circulars, the bourses said Adani Green Energy shall continue in the ASM framework but will be moved to the respective higher stage from March 28. The move also comes close on the heels of the two exchanges moving two group firms Adani Total Gas and Adani Transmission from the second stage of the long-term ASM framework to Stage-I on Friday. On March 17, both exchanges put Adani Green Energy and NDTV under the first stage of the long-term ASM framework. Meanwhile, all the 10 listed firms of the Adani group on Monday ended the day in the negative territory, with Adani Power, Adani Transmission, Adani Wilmar and Adani Total Gas each falling nearly 5 per cent. Many of the group firms hit their lower circuit limits during the day. The Adani group stocks have taken a beating on the exchanges sinc

After ouster from top-5 club, Indian mkt now risks losing $3-trn m-cap tag

The last time India's m-cap had slipped below $3 trn was last June; at the peak, the m-cap stood at nearly $3.67 trillion in January 2022. Current m-cap is 18 per cent below the peak

NSE, BSE to put Adani Power under short term ASM again starting today

Leading bourses NSE and BSE on Wednesday said they will include Adani Power under the short-term additional surveillance measure (ASM) framework from Thursday. Adani Power is shortlisted in short-term ASM framework Stage-I effective March 23, according to separate circulars available on the exchanges. The move also comes close on the heels of the two exchanges moving Adani group stocks -- Adani Green Energy and NDTV -- from the second stage of the long-term ASM framework to Stage I on Monday. Interestingly, both the exchanges had put Adani Power along with Adani Enterprises and Adani Wilmar under short-term ASM on March 8. However, these three stocks were excluded from the short-term ASM framework on March 17. Currently, there is no Adani group stock in the short-term ASM framework. The parameters for shortlisting securities under ASM include high-low variation, client concentration, number of price band hits, close-to-close price variation and price-earning ratio. The NSE and BS

Fear of financial crisis keeps investors away from stock exchanges

A number of American banks had failed recently or came under pressure

Adani Green Energy, NDTV to move to ASM stage-1 framework from Monday

Leading bourses NSE and BSE on Friday said two Adani group stocks -- Adani Green Energy and NDTV -- will be moved to the first stage of the long-term additional surveillance measures (ASM) framework from Monday. These securities will continue in the framework but will be moved from long-term ASM framework Stage II to Stage I from March 20, according to separate circulars. The move also comes close on the heels of the two exchanges excluding Adani Enterprises, Adani Power and Adani Wilmar under the short-term ASM on Thursday. Last week, both NSE and BSE announced that they had moved stocks of Adani Green Energy and NDTV to long-term ASM framework Stage II from Stage I. The parameters for shortlisting securities under the ASM framework include high-low variation, client concentration, number of price band hits, close-to-close price variation and price earning ratio. NSE and BSE said these companies have satisfied the criteria for inclusion under long-term additional surveillance ...

NSE, BSE remove 3 Adani group stocks from short-term surveillance

The National Stock Exchange (NSE) and the BSE has announced that three Adani group companies -- Adani Enterprises, Adani Power and Adani Wilmar -- will move out of the short-term additional surveillance measure (ASM). The stocks will be excluded from the short-term ASM framework with effect from March 17, according to separate circulars available on the exchanges. The NSE and the BSE had put the three Adani group firms, including the flagship firm Adani Enterprises, under the ASM framework on March 8. The parameters for shortlisting securities under ASM include high-low variation, client concentration, number of price band hits, close-to-close price variation and price-earning ratio. In addition, the NSE said that on these securities, "margins to be restored prior to ASM on all existing derivative contracts." Tata Teleservices (Maharashtra) Ltd (TTML) is also another stock that was excluded from the framework. "Applicable rate of margin shall be 50 per cent or existing margin ..

No breather for stock markets as US bank crisis weighs on sentiment

Sensex, Nifty fall for 4th day to hit fresh five-month lows

Eight of top-10 firms lose Rs 1.03 trn in market-cap; RIL, ICICI hit hard

Eight of the top 10 valued firms faced a combined erosion of Rs 1,03,732.39 crore in market valuation last week, with Reliance Industries and ICICI Bank taking the biggest hit amid an overall weak trend in equities. During the holiday-shortened week, the 30-share BSE Sensex declined 673.84 points or 1.12 per cent amid concerns over the quantum of the next interest rate hike by the US Federal Reserve. Barring Bharti Airtel and ITC, eight firms suffered erosion from their market capitalisation (mcap). The market valuation of Reliance Industries plummeted by Rs 41,878.37 crore to Rs 15,71,724.26 crore, the most among the top 10 firms. The mcap of ICICI Bank tumbled Rs 18,134.73 to Rs 5,88,379.98 crore. The valuation of HDFC Bank tanked by Rs 15,007.38 to Rs 8,86,300.20 crore, and that of State Bank of India eroded by Rs 12,360.59 to Rs 4,88,399.39 crore. HDFC's market valuation diminished by Rs 6,893.18 crore to Rs 4,77,524.24 crore. Tata Consultancy Services' (TCS) valuation slump

NSE, BSE to put 2 Adani firms under surveillance measures framework

Leading bourses NSE and BSE on Friday said two Adani Group firms -- Adani Transmission and Adani Total Gas -- will be put under the second stage of the long term additional surveillance measures framework. This will be effective from March 13, according to separate circulars. The move also comes close on the heels of the two exchanges putting Adani Enterprises, Adani Power and Adani Wilmar under the short-term additional surveillance measure (ASM) framework Stage - I from March 9. The bourses had also put NDTV and Adani Green Energy under the long term ASM framework Stage - II. The parameters for shortlisting securities under Additional Surveillance Measures (ASM) include high-low variation, client concentration, number of price band hits, close to close price variation and price earning ratio. The NSE and BSE said these companies have satisfied the criteria for inclusion under long term additional surveillance measures (Long Term - ASM). Applicable rate of margin shall be 100 pe

10,980 entities avail Sebi's scheme to settle alleged manipulation cases

A total of 10,980 entities settled the cases pertaining to alleged manipulation of illiquid stock options at BSE with Sebi under the settlement scheme 2022, the markets regulator said on Friday. Sebi introduced the settlement scheme 2022 to provide a one-time opportunity to the entities against whom proceedings were initiated, and appeals against the proceedings are pending before any forum or authority. This came after the Securities Appellate Tribunal (SAT) passed an order in May 2022 on the matter of illiquid stock options. The scheme was initially kept open for a period of three months from August 22 to November 21 and it was later extended till January 21, 2023, considering the interest of a large number of entities to avail the scheme. "A total of 10,980 entities availed the benefit of the scheme and remitted the specified settlement amount respectively," the Securities and Exchange Board of India (Sebi) said. While most of the entities paid either Rs 1 lakh or Rs 2 lakh as

Sensex extend winning run to 3rd day as financial, energy shares advance

Benchmark Sensex and Nifty closed higher for a third session in a row on Wednesday as fag-end buying in banking, financial and oil stocks helped the indices rebound from early lows amid a bearish trend in global equity markets. Covering-up of short positions by bears supported a late recovery in stocks and helped wipe off losses, traders said. However, a weak rupee against major rivals overseas weighed on market sentiment and restricted gains, they added. In a largely subdued session, the 30-share BSE Sensex ended 123.63 points or 0.21 per cent higher at 60,348.09 as 17 of its constituents gained and 13 declined. The barometer opened lower and stayed negative for most part of the trading session due to losses in Asian markets. Fag-end buying in select index heavyweights helped the index to pare all the losses and settle in the green. During the session, the index touched a high of 60,402.85. The broader NSE Nifty settled higher by 42.95 points or 0.24 per cent at 17,754.40. Nifty

Investing in stocks? Dump social media, seek advice from regulated entities

Relying on social media platforms puts you at risk of falling prey to pump-and-dump schemes

Stock market holiday: Share market to remain closed due to Holi today

Stock market holiday news: While most people are celebrating Holi on Wednesday, March 8, BSE and NSE have declared a stock market holiday on March 7

Nine of top 10 firms lose Rs 1.87 trn in mcap; HDFC Bank, RIL hit hard

Nine of the 10 most valued firms faced a combined erosion of Rs 1,87,808.26 crore in market valuation last week, with HDFC Bank and Reliance Industries taking the biggest hit amid an overall weak trend in equities. Last week, the BSE benchmark tumbled 1,538.64 points or 2.52 per cent amid concerns that the US Federal Reserve might raise interest rates further to curb inflation. Fresh foreign fund outflows also dented investor sentiments. Barring ITC, all 10 firms, including Tata Consultancy Services (TCS), Infosys, ICICI Bank and Hindustan Unilever, were the laggards. HDFC Bank's valuation declined by Rs 37,848.16 crore to Rs 8,86,070.99 crore at close on Friday. The market valuation of Reliance Industries fell by Rs 36,567.46 crore to Rs 16,14,109.66 crore. The valuation of TCS tumbled Rs 36,444.15 crore to Rs 12,44,095.76 crore and that of HDFC tanked Rs 20,871.15 crore to Rs 4,71,365.94 crore. The market capitalisation (mcap) of ICICI Bank fell by Rs 15,765.56 crore to Rs ...

NHPC shareholders approve Rajeev Kumar Vishnoi's appointment as CMD

State-run hydro power giant NHPC has received the approval of shareholders for the appointment of Rajeev Kumar Vishnoi as its Chairman and Managing Director. "The votes cast by the members of the company in favour of the resolution(s) are more than the requisite majority, and therefore, the resolutions are deemed to be passed," a BSE filing stated. The shareholders also approved the appointment of Mohammad Afzal, Joint Secretary, Ministry of Power, as Government Nominee Director on the Board of the Company. The Ministry of Power on December 13, 2022, communicated the ex-post facto approval of competent authority to entrust the additional charge of the post of Chairman & Managing Director (CMD), NHPC to Rajeev Kumar Vishnoi, who is also CMD, THDC India Ltd, for a period of six months from September 1, 2022, or till the appointment of a regular incumbent to the post, or until further orders, whichever is the earliest. Vishnoi assumed the charge of the post of NHPC Chairman & ...