The total number of investors now stands at 84.9 million with a year-on-year rise of 22.4 per cent
Closing Bell on November 23, 2023: In the broader market shares of realty, sugar and textile companies logged strong gains. SmallCaps too outperformed on Thursday.
The National Stock Exchange (NSE) on Wednesday said it has collaborated with the West Bengal government to spread awareness amongst MSMEs in the state regarding fundraising through IPO mechanism using the bourse's SME platform. As part of the pact, NSE with the support of West Bengal government will conduct awareness drives through seminars, MSME (Micro, Small and Medium Enterprises)camps, knowledge sessions, road shows, workshops to guide corporates across the state for fundraising on its SME platform, Emerge, and handhold companies in the listing process, the bourse said in a statement. "Today at the Bengal Global Business Summit, we have signed a MoU with the NSE to encourage and support the MSMEs of our state to pursue the capital market for growth opportunities. "Listing on the capital market shall help them raise capital to fuel their growth story. This shall provide an opportunity to showcase their business to a larger set of investors through NSE Emerge platform," Rajesh ...
Closing Bell on November 17, 2023: The broader markets, on the other hand, notched gains with the BSE MidCap and SmallCap indices rising 0.27 per cent and 0.36 per cent, respectively
NSE's chief executive and managing director Ashishkumar Chauhan on Thursday said retail investor participation is increasing in the markets, and the group has become a formidable force. Borrowing from a popular campaign run by the mutual fund industry, Chauhan said, "direct investing bhi sahi hai" (direct investing in equities is also correct). The NSE chief was, however, quick to add a caveat. Chauhan said he invests his personal wealth only in mutual funds and not in direct equity participation. Amid heightened concerns over retail investors' play in the more riskier futures and options segment, Chauhan presented a data, saying only 0.3 per cent of the overall traded premiums in the market in October were bets under Rs 1 lakh. He said there is a need to look at data before forming opinions, and not to be driven by beliefs. Retail investors now possess a wealth of Rs 60 lakh crore, which is about a fifth of the overall wealth of all the investors in the market, he said. This gro
Benchmark Nifty closed below the 19,000-mark once again as overseas funds continued to keep their foot on the selling pedal
The National Stock Exchange (NSE) on Wednesday reported a 13 per cent year-on-year growth in consolidated net profit at Rs 1,999 crore for three months ended September. The consolidated income from operations stood at Rs 3,652 crore for the second quarter under review, a surge of 24 per cent from the year-ago period, NSE said in a statement. Apart from trading, the total revenue was also supported by other revenue lines including listing, index services, data services, and co-location facility, the exchange said. The net profit margins for the July-September quarter of the current financial year 2023-24 (FY24) stood at 50 per cent. During the first half of FY24, NSE contributed Rs18,744 crore to the exchequer, which comprised STT (Securities Transaction Tax) of Rs 14,858 crore, stamp duty (Rs 1,156 crore), GST (Rs 975 crore), Income tax (Rs 1,252 crore) and Sebi (Rs 503 crore). On the trading volumes front, cash markets recorded an average daily traded volume (ADTVs) of Rs 77,757
Shares of Westlife Foodworld Ltd plunged more than 6 per cent on Friday a day after the company reported a 29.05 per cent decline in its consolidated net profit to Rs 22.37 crore for the second quarter. Westlife Foodworld's subsidiary Hardcastle Restaurants is the master franchisee of McDonald's restaurants in West and South India. The stock of the company tumbled 6.22 per cent to Rs 827.95 apiece on the NSE. On the BSE, shares of Westlife Foodworld declined 5.93 per cent to Rs 827.25 per piece. Meanwhile, the BSE Sensex jumped 538.10 points or 0.85 per cent higher to 63,686.25 points, while Nifty climbed 163.35 points to 19,020.60. Westlife Foodworld Ltd on Thursday reported a 29.05 per cent decline in consolidated net profit to Rs 22.37 crore for the second quarter ended September 2023 due to challenging market conditions. The company had posted a net profit of Rs 31.53 crore in the July-September quarter a year ago, the company said in a regulatory filing. However, the compan
Flexicap, ELSS, and multicap schemes have piled on more mid and smallcap flavour since March
The NSE Nifty declined by 1.1% after posting marginal gains in the preceding two weeks amid geopolitical tensions in West Asia and rising yields
Stock price largely unchanged over the past one year
The fund's month-end assets under management increased to Rs 14,649 crore in August 2023 from Rs 1,339 crore in August 2020
Lender will be allowed to add customers to 'bob World' after rectifying deficiencies, says regulator
It opened at Rs 162 compared to the previous day's close of Rs 224
With less than four months left for the review period to complete for the March rebalancing of the National Stock Exchange (NSE) Nifty indices
The National Stock Exchange (NSE) on Friday said it will launch options on NYMEX WTI Crude Oil and Natural Gas futures contracts in its commodity derivatives segment from October 9. "The exchange has received approval from Sebi (Securities and Exchange Board of India) for launching options contracts on underlying WTI Crude Oil and Natural Gas Futures. The contracts would be available for trading from October 9," NSE said in a circular. On September 26, the exchange announced the launch date as October 16 and now it has been rescheduled to October 9. The addition of options on futures contracts will further boost NSE's product offering in the overall commodity segment. These contracts are designed to provide the market participants with a more efficient way to manage their commodity risk, the NSE had stated. Earlier, the exchange launched rupee denominated futures contracts on underlying NYMEX WTI crude oil and natural gas in its commodity derivatives segment. The NSE witnessed a ..
NSE says 17% of Indian household now invest directly in stocks
Leading stock exchange NSE on Thursday said the number of new investor registrations reached 1 crore mark on its platform in the last eight months, taking the total to over 8 crore. These new investor registrations are not restricted to top-tier cities and cities beyond top 100 accounted for 45 per cent of new investor registrations, the National Stock Exchange (NSE) said in a statement. "The eight crore unique PAN investors correspond approximately to around 5 crore unique households in India amounting to around 17 per cent households directly investing in the Indian stock market via the NSE's extensive nationwide network of trading members," it said. Total number of unique client code accounts registered with the exchange was at 14.9 crore -- clients could register with more than one trading member and included all registrations done to date. In terms of regions, states from northern part of India accounted for 43 per cent towards the last 1 crore new investor registrations, ...
Closing Bell on September 28, 2023: Tech M, which sank 4 per cent, was the top laggard on the benchmarks after Morgan Stanley downgraded the stock to 'underweight'
SignatureGlobal (SGL) made an impressive stock market debut, with shares soaring nearly 20 per cent to close at Rs 458, up Rs 73 or 19 per cent over its issue price of Rs 385