The floor price for the Cipla share sale has been set at Rs 1,442 per share, reflecting a 6 per cent discount to the current market price
Global funds have piled into sectors with strong growth potential, while pulling back exposure to sectors like banks, consumer and energy- the stragglers of 2024
The Sensex nosedived 1,192 points, and Nifty slipped 359 points as weak global cues and profit-booking triggered a sharp market correction.
Both the BSE Sensex and NSE Nifty50 surged over 2% on Friday, November 22. Watch the video to know what drove the rally.
Awfis Space Solutions Limited on Tuesday said it will design and manage 1.65 lakh square feet of office space in Mumbai for the National Stock Exchange. In a statement, the company said it has "signed service agreement for two floors, spanning approximately 1.65 lakh sq ft, to the National Stock Exchange (NSE) at Adani Inspire in Bandra-Kurla Complex (BKC), Mumbai." Awfis will also design, build and manage the space for NSE. This partnership demonstrates the company's capability to deliver high-quality workspace solutions tailored to clients' business needs and employee well-being, it said. Awfis already operates a co-working centre in the 10-storey commercial building 'Adani Inspire'. With this new deal, the company expands its footprint with additional two centres. Amit Ramani, its Chairman and Managing Director, said: "We are proud to welcome NSE as our clientthis collaborationreaffirms our leadership in the flex space sector and strengthens our commitment to meeting the unique
The National Stock Exchange of India (NSE) is gearing up to strengthen its commodities segment with plans to roll out new contracts in the next few months, an NSE official said on Friday. The exchange is looking to leverage its expansive reach and financial strength to make a significant mark in commodities trading. NSE Chief Business Development Officer Sriram Krishnan said the exchange is considering rolling out new contracts in the next few months and the focus would be non-agri commodities as there is a lot of certainty in launching these asset classes as compared to agri commodities. These additional contracts would be selected from a wide array of Sebi-approved commodities. Moreover, about 240 members have set up already and live on NSE commodities. These included foreign portfolio investors, algo participants and active market makers. "NSE is convinced that commodities are a very big thing which is about to happen in India. We did a lot of analysis on which contracts come ou
The exchange's growth could plateau going forward as trading volumes are expected to take a hit due to stricter trading rules for the derivatives segment that take effect from this month
Muhurat Trading 2024 is considered an auspicious time to make investments by investors and traders
NSE Clearing Corporation Ltd (NCL) has settled a case related to alleged non-compliance with the provisions of the interoperability agreement with markets regulator Sebi, following a payment of Rs 27.13 crore. This came after the applicant proposed to settle the case through a settlement order "without admitting or denying the findings of fact and conclusions of law". The Securities and Exchange Board of India (Sebi) conducted an examination to check whether NSE Clearing Corporation Ltd under the interoperability framework was ensuring compliance with the regulatory norms and the provisions of the Interoperability Agreement. Following the examination, a Show Cause Notice (SCN) was served to NCL in November 2023. The notice alleged that the applicant failed to maintain sufficient Inter Clearing Corporation (Inter-CCP) collateral from Indian Clearing Corporation Ltd (ICCL) and also allegedly failed to ensure compliance with provisions of the Inter-CCP agreement. After this, NCL filed
Both the BSE Sensex and NSE Nifty 50 jumped over 1 per cent during intraday trade on October 28, before ending the week’s first trading session in positive territory, mirroring gains in Asian markets.
Whether you’re a seasoned investor or new to the stock market, by now, you would know why markets are falling - Global economic uncertainty, rising US Treasury yields, rupee depreciation,
Financial services company Societe Generale on Friday sold private sector lender IndusInd Bank's shares for Rs 421 crore through an open market transaction. According to the bulk deal data available on the National Stock Exchange (NSE), Paris-headquartered Societe Generale offloaded 39.30 lakh shares or 0.50 per cent stake in IndusInd Bank. The shares were disposed of at an average price of Rs 1,070.61 apiece, taking the transaction value to Rs 420.80 crore. Meanwhile, Societe Generale bought 29,725 shares at an average price of Rs 1,083.79 per piece, as per the data on the National Stock Exchange (NSE). This took the deal value to Rs 3.22 crore. Details of the other buyers of IndusInd Bank's shares could not be ascertained on the exchange. Shares of IndusInd Bank plunged 18.99 per cent to close at Rs 1,037 apiece on the NSE. On Thursday, IndusInd Bank reported a 40 per cent decline in September quarter net profit at Rs 1,331 crore, pulled down majorly by concerns about asset ..
The BSE Sensex crashed by over 900 points, while the NSE Nifty50 finished below 24,500. Watch to understand the reason behind the market correction on October 22.
In Samvat 2080, gold and silver outperformed expectations, delivering outstanding returns of 39.7 per cent and 44.3 per cent, respectively.
Leading stock exchanges BSE and NSE will conduct a one-hour special 'Muhurat Trading' session on the occasion of Diwali on November 1, marking the start of the new Samvat 2081. The symbolic trading session will be held between 6 pm and 7 pm, the stock exchanges said in separate circulars. The session also marks the beginning of a new Samvat -- the Hindu calendar year that starts on Diwali -- and it is believed that trading during the 'Muhurat' or auspicious hour brings prosperity and financial growth for the stakeholders. The market will remain closed for regular trading on Diwali, but a special trading window will be open for one hour in the evening. The exchanges announced that the pre-opening session will take place from 5:45 pm to 6:00 pm. Market analysts said that Diwali is considered to be the ideal time to start anything new. Investors are said to benefit from trading during this session all through the year. Since the trading window is only open for an hour, markets are kn
Fiscal consolidation measures such as managing contingent liabilities, improving fiscal transparency, and enhancing the fiscal credibility of SDLs needed to address states' financial challenges
Brokerages predict that companies in the benchmark NSE Nifty 50 Index will either report flat or low single digits profit gains for the quarter ended September
Lately, the Indian rupee has been facing tough times. As of now, the Indian rupee is trading at around 84.07 to the US dollar. This is very close to its lowest point ever, which was 84.075.
Decision to comply with Sebi's mandate to curb frenzy in the futures & options