Page 24 - National Stock Exchange

'Volfefe' index effect: Global derivative volumes hit a record in 2019

The NSE was the top destination globally in terms of the number of derivatives contracts traded

Realty check: Prestige to Sobha, south Indian developers hold the edge

Prestige, Sobha top picks given their exposure to Bengaluru, other southern markets

Sebi exonerates Ravi Narain, 8 other officials in NSE 'dark fibre' case

It was alleged that Sampark provided latency advantage to a few brokers, which resulted in a substantial increase in their turnover during the period from April-August 2015

NSE colocation case: Sebi acquits Ravi Narain, 8 other exchange officials

The order came after an investigation by the Securities and Exchange Board of India against several former and current NSE employees and stock brokers in the co-location matter

Real estate woes impacting core sectors; working with RBI for solution: FM

Finance minister Nirmala Sitharaman on Tuesday said the government and Reserve Bank are working to resolve the issues being faced by realty sector. Admitting that realty sector has been left out of the booster measures announced earlier, she said the sector has a spillover effect on many sectors, especially the core sector. "The government is very keen and is working very clearly together with the RBI to see how best we can, where necessary, tweak the existing norms to help the people who are affected in the realty sector," she said at an NSE event. It can be noted that after the July budget roiled the market and business sentiment, the government has rolled back many of the tax measures and also went to the extent of drastically cutting corporate tax to 22 percent--making the biggest tax giveaways to the tune of Rs 1.3 lakh crore. Admitting that the so far announced measures have not helped revive the sentiment in the real estate, she said since August the government

Active clients' growth remains weak amid tightening of regulatory norms

Brokers say investors yet to buy the pitch of a broader market revival

NSE to introduce cross margining facility from Friday to increase liquidity

The facility will be made effective from January 10, 2020, NSE said in a circular.

NSE approaches Sebi for IPO, hopes to launch public issue by September

The entire IPO would be offer-for-sale (OFS), wherein existing shareholders will sell NSE's shares

SBI planning to sell 5 million shares representing 1.01% stake in NSE

Currently, State Bank of India (SBI) holds 5.19 per cent stake in the exchange

Bharat Bond ETF makes National Stock Exchange debut, lists at Rs 1,000

The three-year category received applications for Rs 6,982 crore worth of units, a subscription of 2.3x, against the issue size of Rs 3,000 crore

To test systems, BSE to conduct mock trading for various segments on Dec 4

The mock trading on Saturday is scheduled for commodity derivatives, equity derivatives, currency derivatives and equity segments

Karvy names group CEO for financial services biz in management reshuffle

Group is restructuring its overall business into two verticals - financial services and non-financial services - in a move aimed at improving governance and functioning

Co-location case: Sebi needs to prove basis for disgorgement, NSE tells SAT

The counsel argued that the exchange should have also been given chance to explain its position on the disgorgement order

NSE asks investors to be careful in executing PoA with stock brokers

The latest communication comes against the backdrop of Karvy Stock Broking Ltd unauthorisedly transferring securities worth Rs 2,300 crore of more than 95,000 clients, into its account

government bonds launches interest rate options on 10-year government bonds

As per the statement, interest rate options are based on the underlying government 10-year bonds -- the 7.26% 2029 bond and the 6.45% 2029 bond

National Stock Exchange appoints Girish Chandra Chaturvedi its chairman

The position was vacant since Ashok Chawla resigned as the chairman of the NSE in January

NSE launches Nifty Bharat Bond Index series to track 'AAA' rated bonds

Sources said NHAI, NHPC, NTPC, REC, PFC and Nuclear Power Corporation of India Ltd would be in the index.

ICICI Bank business approach gets Street thumbs-up; stock at all-time high

Digital capabilities are expected to improve growth at a lower cost following the bank's focus on 'One Bank One RoE'

SAT asks NSE to take a decision on Karvy's licence suspension by Friday

This comes after Karvy moved to SAT against the NSE's directive which suspended the broker's licence on Monday due to non-compliance of regulatory provisions of the exchange

GMR Infra to Dish TV: NSE identifies eight firms for surveillance action

Leading stock exchange NSE has shortlisted eight companies, including Future Enterprises and GMR Infrastructure, that have higher levels of pledged shares by promoters, for surveillance action. The exchange would levy minimum margin of 35 per cent on the respective shares, including on stocks in derivatives segment. Jindal Steel & Power, Dish TV India, Gayatri Projects, Max India, Sadbhav Infrastructure Project and Sequent Scientific are the other six companies identified for surveillance action, according to a circular. "The applicable rate of margin in equity and equity derivatives segment shall be 35 per cent or existing margin, whichever is higher with effect from December 5 on all open positions as on December 4 and new positions created from December 5," the bourse said. It also noted that shortlisting of securities under this surveillance measure is purely on account of market surveillance and it should not be construed as an adverse action against the concerned company. In