Page 27 - Nse

NSE shares soar nearly 30% in unlisted market after bonus and dividend

Shares gaining investor interest post robust results, dividend of Rs 90 per share

Sebi cracks whip on second SME, bars promoter for diverting IPO funds

The second action against SMEs within a week for manipulation, issues caution to retail investors

NSE to run special trading session on May 18 with disaster recovery switch

The special live trading session will have intra-day switch over from primary site to disaster recovery site

14 hours a day: Global stock exchanges with trading time more than BSE, NSE

By definition, 'trading hour' is defined as the time span during which a stock exchange is open. During this period, shares and derivative contracts are bought and sold

Sebi no to market hour extension proposal due to lack of consensus: NSE

Stock brokers not on the same page over costs, tech needs

NSE Q4 results: Net profit rises 20% to Rs 2,478 crore, revenue up 34%

NSE also disclosed that it had filed a revised settlement plea with Sebi on March 5 in the trading access point (TAP) matter. It said it is awaiting a revert from Sebi on its plea

Sebi asks NSE to evaluate Linde India's related party transactions

Markets regulator Sebi has asked the National Stock Exchange (NSE) to designate a valuer to conduct the valuation of related party transactions between Linde India and Praxair India following complaints by shareholders. The matter relates to various transactions and agreements by Linde India Ltd (LIL) with its related parties Praxair India Pvt Ltd (PIPL) and Linde South Asia Services Pvt Ltd (LSASPL). Sebi investigated the case after receiving multiple complaints alleging that transactions and agreements entered by Linde India with Praxair India were in the nature of material related party transactions (RPTs) and Linde India did not obtain shareholders' approvals on these transactions. In its interim order passed on Monday, Sebi noted that Linde India was executing "related party transactions which prima facie appear to be material, without taking shareholder approval. Such actions effectively deprive public shareholders of an opportunity to express their views on transactions which

Audit fees paid by NSE companies rose 6% in 2022-23, EY Group got highest

The average audit fee in India was Rs 0.93 crore per company in FY23, up from Rs 0.91 crore in FY22

NSE to sell digital tech services unit to Investcorp for $120 million

The 10-billion-rupees deal was in line with NSE's strategy to focus on its core business areas, said Ashish Kumar Chauhan, the company's managing director and CEO

Traders complain of glitch in NSE system; Mkts gain for 5th session

IPO of heating equ­ip­ment maker JNK India received 28.07 times subscription on the closing day of bidding

Emmforce Autotech's Rs 53 cr IPO gets 365 times subscription on final day

Niche auto components manufacturer Emmforce Autotech on Thursday said its initial public offering received an overwhelming response from the investors as it was subscribed 365 times on the final day of bidding. The Rs 53.90 crore initial share sale received bids for 1,33,27,10,400 shares against 36,57,600 shares on offer, the company said. The category for Non-Institutional Investors (NII) fetched 862 times subscription, the quota for Retail Individual Investors (RII) subscribed 268 times and the Qualified Institutional Buyer (QIB) portion fetched 161 times subscription, bringing the overall subscription to 365 times on the last day of bidding on Thursday. The Initial Public Offer (IPO) had a fresh issue of 54.99 lakh equity shares with a face value of Rs 10 each through the book-building route. The IPO had a price range of Rs 93-98 a share. On Monday, Emmforce AutoTech Ltd said it had raised Rs 15.34 crore from anchor investors. The Panchkula-headquartered company manufactures a

NSE launches derivative contracts on Nifty Next 50, gets positive response

National Stock Exchange (NSE) on Wednesday introduced derivative contracts on Nifty Next 50 index, which received a positive response from market participants. More than 375 trading members from across the country participated in the index derivatives, the National Stock Exchange (NSE) said in a statement. The first day witnessed 1,223 contracts traded worth Rs 78.16 crore in Futures and 1,724 contracts worth Rs 1.55 crore of premium turnover in Options, it added. The trading members involved in the execution of the initial trade include East India Securities Limited and Samco Securities Limited. The Nifty Next 50 index provides representation to large capitalisation stocks beyond the Nifty 50 index. The stocks part of the Nifty Next 50 are the potential contenders for being included in the coveted list of 50 stocks forming part of the Nifty 50 index subject to meeting the parameters specified in the index methodology. "The derivative product is unique considering the underlying

NSE set to launch derivative contracts on Nifty Next 50 from Wednesday

National Stock Exchange (NSE) is set to introduce derivative contracts on Nifty Next 50 index from Wednesday. This came following an approval received from markets regulator Securities and Exchange Board of India (Sebi). The Nifty Next 50 index represents 50 companies from Nifty 100 after excluding the Nifty 50 companies. Under the derivative contract, the exchange would offer three serial monthly index futures and index options contract cycles. The cash-settled derivatives contracts would expire on the last Friday of the expiry month. The introduction of derivatives on the Nifty Next 50 index would complement the existing index derivatives product suite. The Nifty Next 50 index would represent the space between the Nifty 50 index comprising the top large & liquid stocks and the Nifty Midcap Select index comprising the top large & liquid mid-capitalised stocks, Sriram Krishnan, Chief Business Development Officer at NSE, stated last week. As of March 2024, the Nifty Next 50 ...

Stock Market Highlights, April 22: Sensex sprints 560 pts, Nifty tops 22,300 in broad relief rally

Stock market highlights on April 22: Among sectors, the Nifty PSU Bank index rallied 3.3 per cent, the Nifty Realty 1.12 per cent, and the Nifty Pharma index 1.5 per cent

NSE IX gets SEC class relief; permits US clients to trade on equity index

NSE International Exchange (NSE IX) has received US Securities Exchange Commission (SEC) class relief, allowing US clients to participate in trading Equity Index Option Contracts on the bourse, according to a statement. The class relief allows NSE IX members to get acquainted with equity indices at NSE IX through activities with approved broker-dealers and financial institutions in the US. Also, this class relief permits eligible broker-dealers and large financial institutions based in the US to trade on these index derivatives options contracts through NSE IX members, subject to compliance with the applicable laws, the bourse said in the statement on Friday. NSE IX is an International multi-assets exchange set up at GIFT City in June 2017 and recognised by the International Financial Services Centre Authority (IFSCA). Earlier in November 2020, it became the first International Exchange in Gift City to get an exemption under part 30 by the Commodity Futures Trading Commission ...

NSE to launch derivatives on Nifty Next 50 Index starting April 24

The cash-settled derivatives contracts will expire on last Friday of expiry month

NSE to launch derivatives on Nifty Next 50 index from Apr 24, gets Sebi nod

The National Stock Exchange (NSE) on Thursday said it will introduce derivative contracts on Nifty Next 50 index from April 24. The Nifty Next 50 index represents 50 companies from Nifty 100 after excluding the Nifty 50 companies. In a statement, NSE said it "has received approval for derivatives on Nifty Next 50 index from the Securities and Exchange Board of India (Sebi) and will launch these contracts from April 24, 2024". The exchange will offer three serial monthly index futures and index options contract cycles. The cash-settled derivatives contracts will expire on the last Friday of the expiry month. "The introduction of derivatives on the Nifty Next 50 index will complement the existing index derivatives product suite. The Nifty Next 50 index will represent the space between the Nifty 50 index comprising the top large & liquid stocks and the Nifty Midcap Select index comprising the top large & liquid mid-capitalised stocks," Sriram Krishnan, Chief Business Development .

NSE to stop issuance of new futures and options contracts for ZEE

On April 16, the NSE said contracts for new expiry months for Zee Entertainment will not be issued once the existing contract months expire

Stock market to remain closed today: BSE, NSE to remain shut on Ram Navami

The Multi Commodity Exchange of India Limited (MCX) and Commodity Derivative Segment will be closed in the morning but open in the evening

Zee removed from F&O; FPIs up holdings in 7 Adani group companies

Adani Ports & SEZ has seen the highest increase at 26 basis points (bps) to 14.98 per cent followed by Adani Wilmar and Adani Green at 12 bps each