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 ...
As investors anticipate the company's listing on the BSE and NSE, the strong GMP suggests a positive market reception
The move is part of the country's top bourse's plan to divest its non-core businesses
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.
Court termed freezing a classic example of "high-handed and reckless" action
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
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
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.
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.