Since UK referendum outcome to exit European Union last Friday, 32 companies have hit all-time highs
The proposed IPO could be a combination of OFS and fresh issues for up to a maximum of 30% of the post-issue equity share capital of the company
Indian stocks advanced as investors bought companies most-tied to the economy after the UK's decision to leave the European Union left global markets in disarray. Drugmaker Lupin surged the most in three months, while Bharti Airtel rallied the most in a week. Hindustan Unilever had the steepest advance since March 21 and ITC, the largest tobacco company, climbed to a one-month high. Tata Motors , Tata Consultancy Services and Wipro, which get about a quarter of their sales from Europe, were the worst performers on the BSE Sensex.About $3.6 trillion has been wiped from the value of global shares since the day of the vote last Thursday. In India, an index of smaller companies climbed to its highest level since January as investors snapped up companies that gain the most from Prime Minister Narendra Modi's growth-boosting policies and have no business links with Europe. The Sensex climbed 0.5 percent at the close. "India could be a relatively safer haven," Arvind Sanger, managing partner
Tata Motors Ltd, owner of Jaguar Land Rover that gets about 25 per cent of its revenue from Europe, tumbled for the first time in seven days
The exchange is expected to file IPO papers with amrket regulator Sebi next month to mop-up Rs 800 crore
First time market making introduced to infuse liquidity into stocks
Stocks declined after two days of advances as lenders and consumer companies retreated amid polls that showed Britain's vote on European Union membership is too close to call. The Sensex slid 0.2 per cent at the close in Mumbai. There has only been one day the gauge has swung more than one per cent since the start of May.State Bank of India and Axis Bank Ltd. were among the top losers on the benchmark gauge. Asian Paints Ltd., the largest paint maker, retreated for a third day. NTPC Ltd., India's biggest power producer, fell the most in a week. Hindustan Unilever Ltd. lost 1 percent, while engineering company Larsen & Toubro Ltd. retreated 0.8 percent.The S&P BSE Sensex slid 0.2 per cent at the close in Mumbai. There has only been one day the gauge has swung more than 1 percent since the start of May. The outcome of June 23 referendum on whether Britain will continue in the European Union will set the tone for the market, according to IDBI Capital Capital Market Services Ltd."W
The Sensex closed little changed in Mumbai, after swinging between gains and losses at least 12 times
This is to facilitate investors and mutual fund distributors
The total market capitalisation (m-cap) of BSE-listed companies swelled by Rs 68,483 cr to Rs 1,00,40,147 cr at the end of the trade
The stock exchange is considering these companies for compulsory delisting in a phased manner
The debt auction quota gives overseas investors the right to invest in the debt, up to the limit purchased
The auction will be conducted on BSE's e-bidxchange platform
Analysts said forecast of a normal to excess rainfall, recovery in earnings report card and smart GDP numbers have fuelled rally in the stock market
Currently, mutual fund distributors can register only one bank account while registering client on BSE StAR MF Platform
Earlier this month, BSE's board, which was addressed by Sebi Chairman U K Sinha, discussed the IPO
Data on key indices in India and US suggest returns are higher when investors buy at a P/E of 15 or less
The IRF market gets participation from retail investors, trading houses, foreign portfolio investors
The S&P BSE Sensex added 0.3 per cent at the close in Mumbai
Leading stock exchange BSE today revised circuit limits for share movement of ABG Shipyard, Future Retail and six others as part of its surveillance action. The new limits, which ensure that stock prices do not go up or down beyond a level during a trading session, will be effective from tomorrow. The share price of Future Retail and Future Retail (DVR) cannot change by more than 20 per cent in a day, BSE said in a circular. It has also set an upper limit of 10 per cent for ABG Shipyard. Besides, it has fixed a circuit limit of five per cent for five companies -- Texmo Pipes and Products, Purshottam Investofin, Krishana Fabrics, Ashima Ltd and Tricom India. "Trading members of the exchange are hereby informed that the circuit filters has/have been changed from their existing levels... In the scrips (eight) with effect from May 25, 2016," BSE said.