Page 15 - National Stock Exchange

Sebi extends one-time stock option settlement scheme by two months

Scheme provides a settlement opportunity to entities that have executed trade reversals in stock options from April 2014 to Sept 2015, and against whom adjudication proceedings are pending

NSE likely to introduce trading of electronic gold receipts: Sebi official

The National Stock Exchange is likely to introduce trading of electronic gold receipts on its platform and market regulator Sebi is ironing out some taxation issues related to the product with the government, an official said on Thursday. Referring to the Electronic Gold Receipt (EGR), V S Sundaresan, Executive Director at the Securities and Exchange Board of India (Sebi), said, this product has been introduced by Sebi and BSE has launched it about a month back and "we hope that this product will definitely gain traction over a period of time". "Under this product, what is proposed is that the physical gold is to be deposited in a vault, that vault manager will issue an electronic receipt and this will be credited to the demat account of the investor, that receipt can be traded on the stock exchange," he explained. So the gold will remain in a vault but it will generate some sort of income and the unutilised gold can be put to productive use, Sundaresan added. The Bombay Stock ...

Debutants put up a good show; Medanta soars 24%, Bikaji Foods up 6%

Medanta's stock hit a high of Rs 424.65 and a low of Rs 390.55 on the NSE, where Rs 2,000 crore worth of shares changed hands

LIC's shares jump nearly 6% after July-September quarter earnings

With a 10 per cent fall in equity markets, the embedded value of LIC declines by 7 per cent

Managing market infrastructure

Institutions need better governance structure

NSE alerts investors against guaranteed returns investment plans

The National Stock Exchange (NSE) on Thursday warned investors not to fall prey to investment schemes with assured returns offered by Sameer Gulabrao Thite associated with Samsan Unitrade. The exchange pointed out that the person and the entity are not registered either as a member or authorised person of any registered member of the NSE. The cautionary statement comes after the NSE noticed that Sameer Gulabrao Thite associated with Samsan Unitrade was offering the service to handle trading accounts of investors by asking them to share their user identification (user ID) and password. "Investors are cautioned and advised not to subscribe to any such scheme/product offered by any entities/persons offering indicative/assured/guaranteed returns in the stock market as the same is prohibited by law," the exchange said in a statement. Further, investors have been asked not to share their trading credentials such as user ID and password with anyone. Earlier, the exchange had issued simil

NSE to move away from non-core business areas: New MD & CEO Chauhan

The NSE MD & CEO made the comments while addressing its investors during the exchange's first-ever quarterly earnings concall

The bogey of Oct Effect: 'Month of market crashes' spooks trading community

The average daily trading volume (ADTV) for the National Stock Exchange's equity cash segment has declined sequentially in seven of the 11 years

A different kind of quiet quitting

Policy loopholes are encouraging many promoters to exit their companies stealthily, raising the question: Should promoters be in control after pledging their shares?

Business confidence falls for second straight quarter, says NCAER survey

Earlier, it was at 142.9 in the fourth quarter of 2021-22. It was 117.4 in the corresponding quarter last year

NSE Indices floats consultation paper on index rules

NSE Indices Ltd, a subsidiary of National Stock Exchange, is planning to change the methodology of merger and demerger of index constituents for equity indices to avoid big churnings, which happens in the current system. This comes ahead of the proposed merger of HDFC with HDFC Bank. The proposal, if considered, is expected to avoid sharp movement in stock prices of firms that are in the process of merger or demerger. In its consultation paper, NSE Indices has suggested to make ex-date an important factor for replacing an index constituent. It has sought comments from market participants on the proposed revision in the treatment of merger and demerger of index constituents for equity indices till November 2. With regards to the treatment of a merger, NSE Indices has proposed that the transferor company will be excluded from the index on the ex-date (T Day) of the merger -- the closing of the T-1 day merged entity. Equity shares, investible weight factor and capping factor of the

NSE floats consultation on index components ahead of HDFC-HDFC bank merger

Currently, the entity getting merged is removed from the index and later the weightage of the merged entity is increased

Samvat 2079: What is Muhurat trading? Check date, stock market timing

The Muhurat trading session on October 24, 2022, will mark the beginning of Samvat 2079

99.99% of Zee Entertainment shareholders vote for merger with Sony

Attention will likely shift back to the Competition Commission, which had granted conditional approval to the proposed deal last week

NSE seeks comments on submission of board meeting outcomes in XBRL format

Leading bourse NSE has sought comments from listed entities on the proposal to migrate from PDF to XBRL format to submit board meeting outcomes to help the exchange in analysing the data. The feedback has been sought till October 15, the National Stock Exchange (NSE) said in a circular. XBRL (eXtensible Business Reporting Language) is a language for the electronic communication of business and financial data used for business reporting around the world. It provides major benefits in the preparation, analysis and communication of business information. Under the rules, listed entities are required to submit periodical compliance filings to stock exchanges within prescribed timelines and accordingly were mandated to report XBRL-based filings for financials from the year 2015 onwards. Over the period, stock exchanges in a phased manner have been aiming to convert filings made under the Securities and Exchange Board of India (Sebi) rules from PDF to XBRL format. With an objective to ..

BSE gets SEBI's approval to set up a separate social stock exchange

In July, SEBI notified rules for Social Stock Exchange (SSE) to provide social enterprises with an additional avenue to raise funds

CCI gives conditional nod to Zee-Sony merger, formal order awaited

Sony and Zee confirm development, say awaiting remaining regulatory approvals

Exchanges start walking the line on Sebi's call for data democratisation

Calling data a public infrastructure, Sebi chairperson recently spoke in favour of enforcing free accessibility

Entities listed on SSE to submit audited annual impact report, says Sebi

Market regulator clears the decks for setting up the bourse

BSE Mid-cap indices snap 12-week winning streak since August 2020

In the aftermath of the pandemic, the BSE MidCap Index had risen for 14 consecutive weeks, clocking 29% gain