Page 13 - National Stock Exchange

NSE raps Angel One for lapses, slaps Rs 1.67 crore monetary penalty

Angel One has said NSE's order does not affect the existing business or the activities of the APs affiliated with the company

Weekly Nifty Bank F&O contracts will expire on Wednesdays from Sept

With the Nifty Bank contracts using Wednesday as the day of expiry, there will be derivatives contracts expiring four days a week

Fresh attempt made at settling NSE's TAP regulatory investigation

Bourse, employees filed fresh application with Sebi in May: NSDL disclosure

BSE approves buyback worth Rs 375 crore via tender route at Rs 816 apiece

The shares of BSE were trading at Rs 693.5, nearly 2 per cent in the green as of 2:40 PM on NSE

NSE explores carbon credit market, introducing electricity derivatives

The National Stock Exchange is exploring opportunities in electricity derivatives and the voluntary carbon credit (VCC) market to deepen its product portfolio as part of its transformation into a multi-asset stock exchange. The world's largest derivatives stock exchange also plans to introduce derivative contracts based on the indices of the corporate bond index and government bond index, subject to clearance from regulators. "We are evaluating the voluntary carbon credits market. There are only two markets at this time. There are about 26 million voluntary carbon credits available in India as of today, which can be monetised," NSE Chief Business Development Officer Sriram Krishnan told PTI. He was in the city to participate in the Eureka Stock Broking organised Financial Conclave. "We need to figure out how to build a market for these VCCs so that they can find their values. You need to monetise them, and of course, we also need to create a healthy market going forward, because In

SmallCap World Fund offloads Aavas Financiers' shares for Rs 111 crore

SmallCap World Fund on Monday offloaded shares of financial services company Aavas Financiers for nearly Rs 111 crore through an open market transaction. According to the bulk deal data available with the National Stock Exchange (NSE), SmallCap World Fund Inc sold more than 7.70 lakh shares, nearly 1 per cent stake in Aavas Financiers. The shares were disposed of at an average price of Rs 1,437.74 apiece, taking the transaction value to Rs 110.77 crore. Meanwhile, Societe Generale acquired 3.96 lakh shares of Aavas Financiers at an average price of Rs 1,427.21 per piece, while other buyers identity is not known. Shares of Aavas Financiers jumped 5.17 per cent to settle at Rs 1,466.10 apiece on the NSE. In two separate open market transactions on June 14 and June 16, SmallCap World Fund Inc sold a 1.6 per cent and 0.90 per cent, respectively, for a combined deal value of Rs 269 crore. AAVAS Financiers Ltd is primarily engaged in the business of providing housing loan to customers

NSE lays framework for action against brokers for misuse of clients funds

The National Stock Exchange (NSE) on Wednesday came out with a framework for taking immediate actions against trading members in case of misuse of client funds by them. In the recent past, the exchange has observed instances of misuse of client funds during its inspections as well as in the alerts generated under offsite supervision. In order to initiate immediate actions in critical cases where misuse of client funds is observed, the exchange said that proprietary deposits of the trading member available with the clearing house, NSE Clearing Ltd (NCL), will be blocked to the extent of the misuse amount or Rs 10 crore, whichever is lower, according to a circular. The action will be taken for violating "principles of enhanced supervision" for stock brokers in case of misuse of clients funds. In case misuse is observed with regards to "principles of enhanced supervision" for stock brokers, NSE said the amount equivalent to the aggregate amount of all principles, will be ...

More than skin-deep: Nifty Next 50 complexion to get a shade of difference

Removal of non-F&O stocks could lead to addition/subtraction of 11 stocks, triggering a Rs 5,000-crore churn

NSE to reduce time for trades in unlisted market as it awaits IPO

The bourse plans to process approvals for its unlisted shares within a week

Suzlon Energy secures fourth wind energy project order in less than a month

This is Suzlon's fourth such order in less than a month. It will supply the wind turbines along with project supervision and commissioning as part of the agreement

Colocation case: NSE receives Rs 300 crore from market regulator Sebi

Exchange files fresh consent application to settle Feb'21 outage case

NSDC registers itself on SSE to widen capital pool for social enterprises

The Social Stock Exchange (SSE) has been developed with the sole motive of facilitating social enterprises in raising funds from the public through the stock exchange mechanism

NSE warns investors against individuals running 'dabba trading' activities

The National Stock Exchange (NSE) on Tuesday cautioned investors against two persons running illegal dabba trading with guaranteed returns to investors. Dabba trading is an illegal form of trading in shares, where operators of such trading rings allow people to trade in equities outside the stock exchange platform. The cautionary statements came after NSE found that Suresh Jani and Vishnu Darak were providing dabba or illegal trading platforms with assured returns. In addition, the bourse noted that Darak was offering to handle the trading accounts of investors by asking investors to share their user ID and password. The bourse said that these persons are not registered either as a member or authorised persons of any registered member of the NSE. Also, the bourse said that a police complaint has already been filed in this regard. Cautioning investors, NSE asked them not to subscribe to any such scheme or product offered by any person providing illegal dabba trading activity in the

NSE warns investors against entities running dabba trading activities

The National Stock Exchange (NSE) on Friday cautioned investors against four persons running illegal dabba trading with guaranteed returns to investors. Dabba trading is an illegal form of trading in shares, where operators of such trading rings allow people to trade in equities outside the stock exchange platform. The cautionary statements came after NSE found that Jitu Bhai Marwadi, Sanjay Chaudhari, Sanjiv Raj, and Arav Waghmare were providing dabba or illegal trading platforms with assured returns. In addition, the bourse noted that Waghmare was offering to handle the trading accounts of investors by asking investors to share their user ID and password. The exchange said that these persons are not registered either as a member or authorised persons of any registered member of the NSE. Also, the exchange said that a police complaint has already been filed in this regard. Cautioning investors, NSE asked them not to subscribe to any such scheme or product offered by any person ..

Bourses approves transfer of NCDs from HDFC Ltd to Bank as part of merger

HDFC Ltd on Wednesday said both stock exchanges BSE and NSE have approved the transfer of NCDs from the mortgage firm to HDFC Bank as part of the amalgamation process. BSE and NSE vide their letters dated April 26, 2023, granted their in-principle approval for the transfer of additional NCDs (non-convertible debentures) issued by HDFC Limited post receipt of the earlier approval on December 13, 2022, to HDFC Bank, the mortgage firm said in a regulatory filing. The proposed amalgamation is subject to receipt of final approvals from the Securities and Exchange Board of India (Sebi) in respect of change in control of certain subsidiaries of HDFC Limited, it added. This approval will help pave the way for the merger of HDFC into HDFC Bank, expected to be finalised by the third quarter of this financial year. Termed as the biggest transaction in India's corporate history, HDFC Bank on April 4 last year agreed to take over the biggest domestic mortgage lender in a deal valued at about US

PE firms prune NSE holdings by 24% in Q4 amid uncertainty over IPO

As per latest shareholding data, SAIF Partners, Acacia Banyan Partners, Ontario Teachers, and Deccan Value Investors have cut their exposure by as much as 24 per cent

NSE warns investors against guaranteed returns investment schemes

The National Stock Exchange (NSE) on Monday asked investors not to put their money in guaranteed returns investment schemes offered by three individuals. The advisory came after the exchange found that the three individuals -- Veena (associated with Algo Master), Ankita Mishra and Vishal -- were offering such schemes. In a statement, the bourse said that these persons are not registered either as members or authorised persons with any registered member of the NSE. Further, the exchange has asked investors not to share their trading credentials such as user ID and password with anyone. Cautioning investors, NSE asked investors "not to subscribe to any such scheme/ product offered by any person/entity offering indicative/assured/guaranteed returns in the stock market as the same is prohibited by law." "Participation in such prohibited schemes is at investors' own risk, cost and consequences as such schemes are neither approved nor endorsed by the exchange," the exchange said. For a

National Stock Exchange issues framework for appointing forensic auditor

The auditors will be required to submit the quotations within five working days

National Stock Exchange comes out with framework to appoint auditors

The National Stock Exchange (NSE) on Thursday put in place the framework for the selection and appointment of auditors for assignments relating to forensic audit of trading members. The decision has been taken to provide equal opportunity to all competent Sebi-empanelled forensic auditors, the exchange said in a statement. At present, the Securities and Exchange Board of India (Sebi) has empanelled CA firms or companies to take up assignments relating to forensic audits. The exchange conducts the forensic audit of the trading members, who are identified, based on serious violations or non-compliances observed during its inspections. Under the framework, the NSE would define the scope of the audit and timelines for completion, and invite quotations from the auditors who are empanelled with Sebi to conduct the forensic audit. After this, the auditors would submit their quotations to the exchange within five working days from the date of the communication by the exchange. Following

Mankind Pharma IPO to open next week: Check price band, GMP, other details

Mankind Pharma IPO GMP: According to reports, the IPO is commanding a great market premium of Rs 80 per share today