Page 24 - Nse

NSE to retain Nifty 50-linked weekly options after new derivatives rules

The new rules were put in place to curb a recent spurt in options trading by retail investors that the regulator and the government view as a risk to household finances

NSDL gets Sebi nod for IPO over a year after filing offer document

At present, NSE holds a 24 per cent share in NSDL, while IDBI is the largest shareholder with a 26 per cent stake

Sebi greenlights NSDL IPO: NSE, HDFC Bank among others to pare stakes

The Sebi nod for the NSDL IPO came more than a year after the company submitted its DRHP to Sebi on July 7, 2023

NSE pays $76.5 million to settle algorithmic trading software case

The settlement clears a hurdle in the initial public listing of the country's largest stock exchange, for which it had first applied in 2016

Market regulator Sebi slaps Rs 12 lakh fine on NSE Data And Analytics

Markets regulator Sebi on Monday imposed a penalty of Rs 12 lakh on NSE Data And Analytics Ltd for its failure to segregate IT infrastructures and manpower between itself and its parent firm National Stock Exchange (NSE). It has been directed to pay the fine within 45 days, the Securities and Exchange Board of India (Sebi) said in its order. In its order, Sebi noted irregularities with respect to the backup of records and details of the Business Continuity Plan/Disaster Recovery policy, delay in sending acknowledgement letters to investors, irregularities with respect to system audit reports and cyber security audit framework and failure to validate KYC records. Additionally, Sebi said, "There was no segregation of any IT infrastructures (server, network, data centres and IT security), along with the IT manpower, responsible for handling server management, network, data centres and IT security between the noticee (NSE Data And Analytics) and its parent organisation (NSE)". NSE Data

NSE and BSE revise their transaction fees to comply with Sebi circular

NSE revised the charges for the cash market to Rs 2.97 per side per lakh of traded value

NSE plans to triple colocation rack capacity to 4,000 at Mumbai HQ in 3 yrs

The National Stock Exchange (NSE) plans to expand its colocation data centre at its headquarter in Mumbai for trading members with an almost three-fold increase in number of racks to over 4,000 within the next three years, sources said on Wednesday. The expansion will be carried out at the NSE's existing building at Exchange Plaza, Bandra Kurla. The decision is based on member feedback and aimed at enhancing ease of operations and increasing the availability of racks for trading members. Currently, NSE offers 1,400 racks to members, and the planned expansion will boost this capacity to over 4,000 racks within the next three years. Further expansions will be made available as per additional requirements, they added. Co-location facility allows stock brokers to place their servers at a stock exchange in consideration of a fee, giving them access to price data a fraction of second before other participants. NSE, which is the largest stock exchange globally in terms of orders and tra

India's top bourse is said to have doubled in value amid IPO hopes

While one of the people said NSE is working toward completing documentation for an IPO by early next year, the potential listing could still take longer

Vanguard sells shares of 7 companies worth Rs 998 cr via block deals

US-based financial services company Vanguard Group on Friday bought shares of seven companies including Concord Biotech, Five-Star Business Finance and Marksans Pharma for Rs 998 crore through open market transactions. Vanguard through its affiliates acquired shares of seven companies through separate bulk deals on the National Stock Exchange (NSE). Vanguard picked up shares of Concord Biotech worth Rs 331 crore, acquired shares of Five-Star Business Finance for Rs 304.74 crore, purchased Marksans Pharma shares for Rs 158.39 crore and bought Genus Power Infrastructure shares for Rs 63.26 crore. In addition, Vanguard also acquired Sansera Engineering shares for Rs 53 crore, purchased shares of VA Tech Wabag for about Rs 47 crore and picked up Arvind Fashions' shares for Rs 39.56 crore, as per the data on the NSE. The shares were sold in the price range varying from Rs 316.85 - Rs 2,596.08 apiece, taking the combined transaction value to Rs 997.75 crore. Meanwhile, Zurich-based ...

Sebi drops charges against NSE, ex-top executives in co-location case

Cites lack of evidence to establish collusion, connivance with OPG Securities

Sebi disposes of case against NSE, its former employees in co-location case

Sebi on Friday dismissed regulatory violation charges against the NSE and its seven former employees, including Chitra Ramkrishna and Ravi Narain, in the matter of the co-location facility, citing the absence of sufficient evidence. "Due to the absence of sufficient material/evidence/objective facts on record in this case, the test of preponderance of probability' fails to produce enough justification for the establishment of collusion/connivance between OPG and its directors with Noticees (NSE and its seven employees)," Seb said in its 83-page order. Apart from NSE, Ramkrishna and Narain, Sebi has dropped charges against Anand Subramanian, Ravindra Apte, Umesh Jain, Mahesh Soparkar and Deviprasad Singh. The case relates to the alleged preferential access given to certain broking firms in the form of 'dark fibre' at the National Stock Exchange (NSE) to connect across the colocation facilities before other members. The dark fibre or unlit fibre, with respect to network connectivity,

Street signs: 10 IPOs raised Rs 17,110 cr, bullfight of exchanges, and more

NSE celebrates 30 years of operations, it recently unveiled sculptures of a bull and human figures on its campus

Investors lose Rs 4.12 trillion during morning trade as markets slump

Investors' wealth plummeted by Rs 4.12 lakh crore during the morning trade on Friday as markets faced a massive correction tracking a weak trend in global peers and fresh foreign fund outflows. Falling for the third day running, the 30-share BSE Sensex tanked 896.7 points or 1.09 per cent to 81,304.46 during the morning trade. The BSE benchmark had hit its all-time high of 82,725.28 on Monday. Following the weak trend in equities, the market capitalisation of BSE-listed firms slumped Rs 4,12,152.83 crore to Rs 4,61,56,748.42 crore (USD 5.50 trillion) during the morning trade. Among the 30 Sensex firms, State Bank of India, HCL Technologies, Reliance Industries, Adani Ports, Larsen & Toubro and Mahindra & Mahindra were the biggest laggards. Bajaj Finance, Asian Paints and Hindustan Unilever were the gainers. In Asian markets, Seoul, Tokyo, Shanghai and Hong Kong were trading lower. The US markets ended mostly in the negative territory on Thursday. Foreign Institutional ...

Premier Energies IPO listing prediction: Will strong GMP fuel 100% returns?

As investors anticipate the company's listing on the BSE and NSE, the strong GMP suggests a positive market reception

NSE sells digital examination business to CL Educate for Rs 230 crore

The move is part of the country's top bourse's plan to divest its non-core businesses

NSE, BSE warn Investors about fake trading apps; Zerodha's Nithin Kamath raises concern on X

Both NSE and BSE have cautioned investors against fake trading app scams. Zerodha co-founder Nithin Kamath also flagged the issue on X. Watch the video to know all about it.

HC orders Sebi, NSE, BSE to pay Rs 80 lakh for illegal demat a/c freezing

Court termed freezing a classic example of "high-handed and reckless" action

NSE files for Sebi NOC to gain approval for long-awaited IPO listing

In its annual general meeting held on Tuesday, the exchange informed shareholders that the board had given approval to file for a fresh NOC with the market regulator

Sebi proposals on F&Os may dent NSE earnings by 25%: IIFL Securities

The proposed changes include limiting weekly options contracts to one index per exchange, higher margin requirements near expiry, and a higher entry point by increasing the contract size

Exchanges impose fines on Hindustan Zinc, others for violating norms

Vedanta group firm Hindustan Zinc Ltd (HZL) on Thursday said BSE and NSE have imposed a fine of Rs 5.37 lakh each on the company for non-compliance with Sebi regulation relating to number of independent directors on board. The company said it is making constant efforts and follow-ups are being made with the mines ministry to meet the compliance requirements. "The company has received a notice issued by BSE and NSE dated August 21, 2024, levying fine for non-compliance with Regulation 17(1) of the SEBI Listing Regulations, w.r.t the Composition of Board of Directors relating to number of independent directors," it said in a filing. Further, the requirement of the woman independent director on the company's board has already been fulfilled, it said. At present, there are three independent directors on the company's board.