July sets record for SME listings, raising over Rs 1,000 crore
Nuvama Wealth Management was listed on the BSE and NSE in September 2023, following the demerger of Edelweiss Financial Services' wealth management business
This data covers all companies listed on the NSE and those exclusively listed on BSE with a market capitalisation exceeding Rs 1,000 crore
Sebi has proposed mandating that clearing corporations periodically pass on the interest income earned on cash collaterals to brokers
Other stock market holidays for the year include Gandhi Jayanti on Oct 2, Diwali on Nov 1, Guru Nanak Jayanti on Nov 15, and Christmas on Dec 25
Replying to a writ petition, it says delay not on the regulator's part
Emkay Global strategy for Indian stock market: What to invest now? What is the stock market outlook? What is Nifty valuation? Read to find out the stock market strategy amid correction
Stricter F&O rules could lead a shift in volumes, says NSE CEO
Of the latest 10 million additions, 42 per cent are from North India, followed by those in the western areas at 25 per cent
Doubling of trading turnover boosts revenues, profits for both bourses
The National Stock Exchange (NSE) on Wednesday reported a 39 per cent year-on-year surge in consolidated net profit to Rs 2,567 crore for three months ended June 2024. The exchange posted a 51 per cent year-on-year jump in consolidated revenue from operations to Rs 4,510 crore in the April-June quarter of the current fiscal year FY25. The growth in revenue was supported by trading revenue and revenue from other segments which mainly includes data centre and connectivity charges, clearing services, listing services, index services and data services, NSE said in a statement. The exchange said it has contributed Rs 14,003 crore to the exchequer for Q1 FY25. Of this, STT/CTT (Commodities Transaction Tax) comprised Rs 12,054 crore, stamp duty (Rs 1,018 crore), GST (Rs 362 crore), Sebi charges (Rs 333 crore) and income tax (Rs 236 crore). "Out of the STT (Securitites Transaction Tax) of Rs 12,054 crore, 63 per cent is from the cash market segment and the remaining 37 per cent is from the
State-owned power giant NTPC will seek shareholders approval to raise up to Rs 12,000 crore through issuance of Non-Convertible Debentures (NCDs/bonds) on a private placement basis in its annual general meeting on August 29. "The board of directors of the company in its meeting held on 29th June, 2024 has approved the proposal and recommends the passing of the proposed special resolution (for raising up to Rs 12,000 crore in next 12 months)," the AGM notice of NTPC stated. The notice further said that the company is under capacity expansion mode, and a major portion of its capital expenditure requirement has to be funded by debt. The approval of the shareholders is being sought to authorize the board of directors to make offer(s) or invitation(s) to subscribe to the secured/unsecured, redeemable, taxable/tax-free, cumulative/non-cumulative, non-convertible debentures (NCDs/bonds) up to Rs 12,000 crore in one or more tranches, it said.
Recently, more retail investors are showing interest in stock market investing as they are moving away from traditional investment strategies
The National Stock Exchange of India Limited (NSE) has issued a warning letter to Suzlon Energy Ltd for non-compliance with disclosure rules. In its letter to Suzlon, NSE observed that a disclosure of an analyst's call of the company held on November 6, 2023, was submitted to the exchange on the same day. The disclosure seems to be at shorter notice as required under the Sebi's LODR (listing obligations and disclosure requirements) rule, the letter dated July 29 said. The LODR rule requires a listed entity to inform the schedule of analysts or institutional investors to meet at least two working days in advance (excluding the date of intimation and date of meet). "The aforesaid non-compliance on your part is viewed seriously. You are, hereby, warned and advised to be careful in future, exercise due caution and initiate corrective steps to avoid the recurrence of such lapses so as to ensure due compliance with the applicable provisions of SEBI LODR," the NSE said. It further said t
Numbers are 40 per cent lower than the number of overall investor accounts
Amid the global Microsoft outage, India's National Stock Exchange (NSE) and Bombay Stock Exchange (BSE) reported no operational disruptions, unlike their global counterparts
Cash, derivatives segment volumes hold steady
The NSE recently released a circular, announcing the elimination of more than 1,000 stocks that are eligible to be used as collaterals. These stocks include some big names like Adani Power.
Ratlam-based Kataria Industries has fixed the price band at Rs 91 to Rs 96 per share for its Rs 54.58-crore initial public offering, the company said on Sunday. The initial public offering (IPO) will be available for public subscription during July 16-19 and the bidding for anchor investors will open on July 15, the company said in a statement. The IPO is entirely a fresh issue of 56.85 lakh shares. The shares of the company will be listed on the NSE SME platform Emerge with a projected listing date of July 24, it added. The IPO comprises 50 per cent of the net issue for Qualified Institutional Buyers (QIBs), 35 per cent for retail investors and 15 per cent of the net issue for the non-institutional investor segment. The company proposes to utilise the net proceeds from the issue towards capital expenditure for plant and machinery, repayment of debt and general corporate purposes. At the upper end of the price band, the company will fetch up to Rs 54.58 crore. Further, investors c
Stock Market Highlights on July 8: The broader indices, though, hit all-time highs in the intraday trade, ended with a negative bias as well