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
Exchange files its reply to Delhi HC on a writ petition on expediting its listing
The pockets of the market in which excess exuberance can be seen will undergo a reality check of earnings and valuations, said Gautam Sinha Roy of ICICI Pru Life Insurance
NSE price cap on SME IPO: The price control cap of 90 per cent shall be applicable only to the SME segment and not for Mainboard IPOs, NSE said
The initial public offer of Vraj Iron and Steel got subscribed 16.90 times on the second day of bidding on Thursday. The Rs 171-crore initial share sale received bids for 10,37,65,824 shares against 61,38,462 shares on offer, as per NSE data. The quota for non-institutional investors received 32.51 times subscription while Retail Individual Investors (RIIs) portion got subscribed 19.35 times. The category for Qualified Institutional Buyers (QIBs) fetched 91 per cent subscription. Vraj Iron and Steel on Tuesday said it raised a little over Rs 51 crore from anchor investors. The IPO is entirely a fresh issue of equity shares with no offer-for-sale component. Shares will be available for public subscription in the range of Rs 195 to Rs 207 per scrip. The company will use the IPO proceeds for expansion projects at the Bilaspur facility in Chhattisgarh and general corporate purposes. Raipur-based Vraj Iron and Steel is into manufacturing sponge iron, MS (Mid Steel) billets, and TMT (
The initial public offer of piping solutions provider DEE Development Engineers got subscribed 8.99 times on the second day of subscription on Thursday. The Rs 418 crore initial share sale received bids for 13,42,84,887 shares against 1,49,44,944 shares on offer, as per NSE data. The portion for non-institutional investors got subscribed 21.71 times while the category for Retail Individual Investors received 8.41 times subscription. The Qualified Institutional Buyers (QIBs) part got subscribed 16 per cent. The Initial Public Offer (IPO) has a fresh issue of up to Rs 325 crore and an offer for sale of up to 45,82,000 equity shares. The price range for the offer is fixed at Rs 193-203 per share. Dee Development Engineers Ltd on Tuesday said it has mobilised a little over Rs 125 crore from anchor investors. Of the Rs 325 crore fresh issue proceeds, Rs 175 crore will be used for payment of debt, Rs 75 crore for funding working capital requirements, and the remaining Rs 75 crore will
National Stock Exchange Managing Director and CEO Ashishkumar Chauhan on Wednesday said he is confident that India's wealth will increase 1,000 per cent over the next 50 years, thanks to the young population and technological advancements. Speaking as the chief guest at the 23rd convocation ceremony of the Entrepreneurship Development Institute of India (EDII) near Ahmedabad on Wednesday evening, Chauhan admitted that India still has socio-economic challenges, such as poverty, illiteracy, poor housing, living conditions, lack of food, water, sanitation and insufficient healthcare. He then urged the passing-out students to be the "agent of change" and find innovative and cost effective solutions to bring change. "India is going to make huge progress on the back of a young population, rapid technological developments and its entrepreneurs over the next 50 years. India's wealth is going to increase 1,000 per cent, that is ten times, over the next 50 years," he said in his address. Wit
NSE's MD & CEO suggests proposed rules will prevent potential malpractices by ensuring that only sufficiently liquid companies are included in the F&O segment
Trading on the Indian stock market will resume on Tuesday, June 18, according to the BSE and NSE websites
NSE employees are not authorised to recommend stocks or engage in stock dealings
SBI Cards & Payment Services Ltd is quoting at Rs 718.25, up 2.07% on the day as on 12:49 IST on the NSE. The stock is down 21.52% in last one year as compared to a 24.64% jump in NIFTY and a 14.23% jump in the Nifty Financial Services index.
NSE handled 280.55 million trades and 19.71 billion orders between 9:15 am and 3:30 pm on Wednesday
NSE Indices Ltd, a subsidiary of the National Stock Exchange, on Thursday launched the EV and new-age automotive index to track the performance of companies which form a part of the EV ecosystem. This would be the country's first ever electric vehicle (EV) index. "The launch of the Nifty EV and new-age automotive index will facilitate creation of products which will create opportunity for asset managers to invest in the electric vehicle and new-age automotive market thereby providing an investment vehicle to investors," NSE Indices said in a statement. The government has always been at the forefront of framing policies related to EV adoption so that EVs with the latest technology can be manufactured in the country and attract investments by global EV manufacturers, thereby giving a boost to the Make in India initiative. The base date for the new thematic index is April 2, 2018, and the base value is 1,000. The index will be reconstituted semi-annually and rebalanced on a quarterly