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145 companies under Additional Surveillance Measure framework: BSE

As many as 145 firms, including eight facing insolvency, have come under the Additional Surveillance Measure (ASM) framework of the BSE, according to the latest data available with the exchange. The data shows that the exchange has put Amtek Auto, Adani Transmission, Bombay Dyeing & Manufacturing Company, Electrosteel Steels, Emami Infrastructure, GVK Power & Infrastructure and Indiabulls Ventures under the ASM. Other firms placed in the framework are Jaypee Infratech, Jindal Worldwide, Manpasand Beverages, Reliance Naval and Engineering, Stampede Capital, Swaraj Automotives, Timex Group India, TVS Electronics, VIP Industries and V-Mart Retail. Besides, the eight firms in the framework facing insolvency are Castex Technologies, Easun Reyrolle, Jyoti Structures, Monnet Ispat & Energy, Moser Baer India, Sharon Bio-Medicine, Unity Infraprojects and Vardhman Industries. The parameters for shortlisting securities under the framework are high-low variation, client concentration,

BSE to move eight companies out of ASM framework from September 24

Leading exchange BSE will move out eight companies from the additional surveillance measure (ASM) framework from September 24. The companies are Commex Technology, Oscar Investments, Tiaan Ayurvedic & Herbs, ACI Infocom, Kretto Syscon, Oasis Tradelink, Usher Agro, and VKJ Infradevelopers. Usher Agro will be excluded from the framework from September 24 by the rival exchange NSE as well. In separate communications dated September 21, the exchanges also said that Globus Spirits has been shortlisted in ASM framework with effect from September 24. The parameters for shortlisting securities under the framework are high-low variation, client concentration, number of price band hits, close to close price variation and price-earning ratio, as per the exchanges. The surveillance actions applicable for the shortlisted securities include placing them in the price band of 5 per cent and levying margins at the rate of 100 per cent. Public sector enterprises and public sector banks are exclude

BSE, NSE to conduct mock trading in commodity derivatives on Saturday

The exchanges had on Wednesday received market regulator Sebi's approval to launch the segments from October 1, starting with non-agriculture commodities like metals

BSE, NSE to suspend trading in Gitanjali Gems and 9 other firms from Sep 10

While both BSE and NSE will together suspend Gitanjali Gems, Amtek Auto, Easun Reyrolle and Panoramic Universal, BSE will suspend trading in 5 other companies

BSE to auction investment limits for govt bonds worth Rs 110 bn

The auction will be conducted on BSE's ebidxchange platform from 3:30 pm to 5:30 pm,

BSE waives transaction fees for stocks in benchmark index

MUMBAI (Reuters) - India's second-biggest stock exchange, BSE Ltd, said it would waive transaction fees on stocks in its flagship S&P BSE Sensex 30 index in an effort to encourage retail investors to participate in "financially sound companies".

BSE falls 5% as board approves share buyback via open market

The stock dipped 5% to Rs 931 on NSE after the company announced that its board approved the buyback of shares at a price not exceeding of Rs 1,100 from the open market

BSE changes limit for risk reduction mode in currency futures

RRM is not essentially a type of order but a mode into which a member is put into when he violates his collateral limit

Submit net worth certificates by Nov 30: BSE to traders

The exchange said that it will provide in due course details regarding actions for non-compliance

BSE to suspend trading in 7 companies from Oct 18 over non-compliance

BSE will suspend trading in the securities of seven companies from October 18 for non- compliances of certain norms for two consecutive quarters. The seven companies are Bio Green Papers, Gujarat Carbon & Industries, Malwa Cotton Spinning Mills, Suryachakra Power Corporation, Unimers India, VKS Projects and Visu International, a notice issued by the exchange said today. "Trading in securities of the companies will be suspended from October 18, 2017 on account of non-compliance with regulation 55A of the Sebi (Depositories and Participants) Regulations, 1996 for two consecutive quarters - March and June 2017," it added. "In case, any of the aforesaid companies comply (to the satisfaction of the exchange) with the provisions of the regulation of the Sebi (depositories and participants) regulations on or before October 12, 2017, trading in securities of the said companies will not be suspended," the notice said. The exchange also ordered freezing of the entire promoter

BSE to move stocks of 10 firms to restricted trading segment

Leading stock exchange BSE will shift stocks of 10 firms to the restricted trading category from September 25 for not complying with listing rules. The scrips will be transferred to 'Z' group, according to a BSE notice dated September 15. The stocks to be moved are Asahi Infrastructure & Projects, Bansisons Tea Industries, Delma Infrastructure, Dune Mercantile, Educomp Solutions, Filtron Engineers, Gammon India, Noble Explochem, Rei Agro and Relson India. "Scrips will be transferred to Z group with effect from September 25, 2017, due to non-compliances for two consecutive quarters i.E. March 2017 and June 2017 for the Regulation 33 of Sebi (Listing Obligations and Disclosure Requirements) Regulations, 2015," BSE said. Regulation 33 pertains to submission of financial results. "The trades in these scrips executed in Z group will be settled on trade for trade basis," the exchange added. The Z group includes companies that have failed to comply with Sebi's listing ...

BSE to remain open today despite heavy rains in Mumbai

Indian Navy has deployed five flood rescue teams and two diving teams to render assistance

BSE to delist 200 companies from Wednesday

Stocks of 117 companies that have remained suspended for more than 10 years would be 'delisted'

Promoters of BSE-listed firms pledge shares worth Rs 2.64 lakh cr

At the end of last month, value of shares pledged with NBFCs was Rs 62,835 cr

When son surpasses father

Social media messages are making fun of how Central Depository Services pipped BSE

BSE ties up with Egyptian Exchange, signs MoU to build capital market flows

BSE & EGX will build expertise in product development & boost international connectivity

BSE to auction investment limits for Rs 7,400-cr corp bonds tomorrow

Bid to take place between 3:30 pm and 5:30 pm, after the close of market hours on Wed

BSE to ease surveillance action against 64 firms over unusual price hike

Over 800 companies were named under the GSM framework in March

It's now losing steam: Sensex under three years of Narendra Modi's rule

Three years before, when Narendra Modi stormed to victory in the general election, the benchmark Sensex and the broader stock market were throbbing in anticipation. His high-octane campaign and pro-business manifesto caught the imagination of the business community in general, the cheer led by rosy reports from foreign brokerages. This column had written around the same time that year that Modi had formidable economic benchmarks set by his predecessor, Manmohan Singh, to beat. Including stock prices which rose five to six times during a 10-year tenure. Local brokerages joined the party after May 15, 2014, when the beginning of the Modi era was officially confirmed, with the election results. One memorable one was by Karvy Stock Broking's portfolio management services arm. In early June that year, it issued a report predicting 100,000 on the Sensex by 2020. The report reasoned out its prediction, wild by even by the euphoric standards of that time, by saying such a number would ...

M-cap of BSE-listed firms at all-time high of Rs 125 lakh cr

Total market valuation of all companies listed on BSE touched a lifetime peak of over Rs 125 lakh crore today helped by strong gains in broader market. The BSE 30-share Sensex surged 287 points to end at a three-week high of 29,943.24, after shuttling between 29,961.82 and 29,780.84. Following rise in stocks, the market capitalisation (m-cap) of BSE-listed companies soared to Rs 1,25,53,561 crore. The m-cap of BSE companies had surged over Rs 124 lakh crore yesterday. Investor wealth also rose by Rs 1.11 lakh crore today. The 50-share Nifty rallied 88.65 points, or 0.96 per cent, to reach its new lifetime closing high of 9,306.60, surpassing the previous record close of 9,265.15 on April 5. From the 30-share Sensex pack, 24 scrips ended higher. Major gainers were M&M, Axis Bank, Bharti Airtel and Hero Moto. Among BSE sectoral and industry indices, telecom rose by 2.62 per cent, FMCG (1.67 per cent) and realty (1.26 per cent). The BSE midcap index rose by 1.06 per cent t