Page 12 - National Stock Exchange

NSE crosses 9 cr unique investors mark; adds last 1 cr in 5 months

The National Stock Exchange (NSE) on Friday said its unique registered investors have surpassed 9 crore, with the latest 1 crore additions taking place in just five months. The investor base has seen more than three-fold jump in the last five years, facilitated by rapid growth in digitisation, rising investor awareness, financial inclusion, and strong market performance. "The unique registered investors on the National Stock Exchange of India crossed 9 crore on February 29, 2024," the bourse said in a statement. Besides, the total number of client codes registered with the exchange reached 16.9 crore. This includes all client registrations done till date. Notably, clients can register with more than one trading member. Unique investor registrations at NSE have seen an accelerating trend over the last few years. While the increase from 6 to 7 crore unique investors took about nine months, the next crore investors came in eight months, and the jump from 8 to 9 crore took only five ..

South Indian Bank's board approves terms of rights issue worth Rs 1,151 cr

The bank will issue 523.1 million rights shares at Rs 22 each on a fully paid-up basis

BSE at odds with NSE over 'high' clearing and settlement charges

The former says high payout to NSE weighing down its profitability

NSE, BSE to hold trading session on March 2 to assess mkt infrastructure

Session to assess the preparedness for any unforeseen event, test transition to disaster recovery site

NSE to hold special trading session on Mar 2 to check market infrastructure

NSE special session: The NSE said that the purpose of the special session is to assess the preparedness of market infrastructure institutions to handle any unforeseen event impacting operations

Yatharth Hospital to acquire Faridabad-based Fidelis hospital for Rs 116 cr

Yatharth Hospital added that the bed capacity will be expanded to 200 to 220 beds post acquisition

NSE Q3 results: Profit rises 8% to Rs 1,975 cr, income at Rs 3,517 cr

The National Stock Exchange (NSE) on Saturday reported an 8 per cent rise in consolidated net profit to Rs 1,975 crore for three months ended December 2023. The consolidated income from operations stood at Rs 3,517 crore for the October-December quarter of the current financial year (2023-24), a surge of 25 per cent year-on-year, 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 added. During the first nine months of FY24, NSE contributed Rs 28,131 crore to the exchequer, which comprised STT (Securities Transaction Tax) of Rs 23,137 crore, Income tax (Rs 1,490 crore), Stamp duty (Rs 1,456 crore), GST (Rs 1,257 crore) and Sebi charges (Rs 791 crore). On the trading volumes front, cash markets recorded an average daily traded volumes (ADTVs) of Rs 80,512 crore, a growth of 50 per cent on a year-on-year (YoY) basis, equity futures reached an A

ChrysCapital looking to raise $300 million to maintain stake in NSE

Depending on how many investors opt in, ChrysCapital is expected to collect between $250 million and $300 million for the fund

Republic Day 2024: Indian stock market to remain closed on January 26

The markets will also remain closed for the next two days on account of weekend holidays. This means the trading will resume on Monday, January 29

BSE, NSE to open on January 20 for special trading session: Check details

The development follows after discussions with markets regulator Securities and Exchange Board of India and the advisory committee to check the preparedness of market infrastructure institutions

NSE declared world's largest derivatives exchange for 5th straight year

The National Stock Exchange of India (NSE) has again emerged as the world's largest derivatives exchange in 2023, in terms of the number of contracts traded, according to the Futures Industry Association (FIA). This is the fifth straight year when the exchange earned the top position. Additionally, the exchange has ranked third in the world in the equity segment by number of trades in 2023, as per the statistics maintained by World Federation of Exchanges (WFE). The year 2023 has witnessed many milestones such as market capitalisation of listed companies surpassing USD 4 trillion, SME listed companies crossing the Rs 1 lakh crore mark and the Nifty 50 index surpassing the 20,000 index levels for the first time. Also, the number of unique registered investors on the exchange reached 8.5 crore at the end of the calendar year. "Ranking third in the equity segment and being the largest derivatives exchange demonstrates the strong capabilities of the Indian capital market ecosystem on

Societe Generale sells Zee Entertainment's shares worth Rs 216 cr

Financial services company Societe Generale on Tuesday sold shares of Zee Entertainment Enterprises Ltd (ZEEL) for Rs 216 crore through an open market transaction. According to the bulk deal data available with the National Stock Exchange (NSE), Societe Generale offloaded 83,45,179 shares, amounting to a 0.87 per cent stake in ZEEL. The shares were disposed of at an average price of Rs 259.10 apiece, taking the deal value to Rs 216.22 crore. Meanwhile, Societe Generale acquired 5.08 lakh shares of ZEEL at an average price of Rs 256.64 per piece, taking the transaction size to Rs 13.05 crore. Shares of ZEEL plunged 7.98 per cent to close at Rs 255.95 apiece on the NSE.

Federal Bank's advances increase 18% to Rs 2.02 trillion in Q3 FY24

On a segmental basis, the bank said that as per its internal classification, its retail credit book grew by 20 per cent year-on-year, and its wholesale credit book grew by 17 per cent

Retail trading boom doubles turnover of futures and options at NSE

Retail investors currently make up for more than 25% of the average daily turnover in derivatives. More than 8 million individual investors traded in this segment in 2023

UP takes lead in new investor registration in 2023 with 2.3 mn investors

The total number of investors now stands at 84.9 million with a year-on-year rise of 22.4 per cent

Sensex ends flat amid lacklustre trade; Hero Moto zooms 5%, Cipla tanks 8%

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.

NSE ties up with Bengal govt to facilitate fund raising for SMEs in state

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 ...

RIL, banks, IT stocks drag Sensex 188 pts down, Nifty below 19,750

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

Direct investing bhi sahi hai: NSE CEO Chauhan's pitch for more retail play

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

NSE consolidated net profit surges 13% to Rs 1,999 crore in Sept quarter

Benchmark Nifty closed below the 19,000-mark once again as overseas funds continued to keep their foot on the selling pedal