Both the BSE Sensex and NSE Nifty 50 jumped over 1 per cent during intraday trade on October 28, before ending the week’s first trading session in positive territory, mirroring gains in Asian markets.
Whether you’re a seasoned investor or new to the stock market, by now, you would know why markets are falling - Global economic uncertainty, rising US Treasury yields, rupee depreciation,
Financial services company Societe Generale on Friday sold private sector lender IndusInd Bank's shares for Rs 421 crore through an open market transaction. According to the bulk deal data available on the National Stock Exchange (NSE), Paris-headquartered Societe Generale offloaded 39.30 lakh shares or 0.50 per cent stake in IndusInd Bank. The shares were disposed of at an average price of Rs 1,070.61 apiece, taking the transaction value to Rs 420.80 crore. Meanwhile, Societe Generale bought 29,725 shares at an average price of Rs 1,083.79 per piece, as per the data on the National Stock Exchange (NSE). This took the deal value to Rs 3.22 crore. Details of the other buyers of IndusInd Bank's shares could not be ascertained on the exchange. Shares of IndusInd Bank plunged 18.99 per cent to close at Rs 1,037 apiece on the NSE. On Thursday, IndusInd Bank reported a 40 per cent decline in September quarter net profit at Rs 1,331 crore, pulled down majorly by concerns about asset ..
The BSE Sensex crashed by over 900 points, while the NSE Nifty50 finished below 24,500. Watch to understand the reason behind the market correction on October 22.
In Samvat 2080, gold and silver outperformed expectations, delivering outstanding returns of 39.7 per cent and 44.3 per cent, respectively.
Leading stock exchanges BSE and NSE will conduct a one-hour special 'Muhurat Trading' session on the occasion of Diwali on November 1, marking the start of the new Samvat 2081. The symbolic trading session will be held between 6 pm and 7 pm, the stock exchanges said in separate circulars. The session also marks the beginning of a new Samvat -- the Hindu calendar year that starts on Diwali -- and it is believed that trading during the 'Muhurat' or auspicious hour brings prosperity and financial growth for the stakeholders. The market will remain closed for regular trading on Diwali, but a special trading window will be open for one hour in the evening. The exchanges announced that the pre-opening session will take place from 5:45 pm to 6:00 pm. Market analysts said that Diwali is considered to be the ideal time to start anything new. Investors are said to benefit from trading during this session all through the year. Since the trading window is only open for an hour, markets are kn
Fiscal consolidation measures such as managing contingent liabilities, improving fiscal transparency, and enhancing the fiscal credibility of SDLs needed to address states' financial challenges
Brokerages predict that companies in the benchmark NSE Nifty 50 Index will either report flat or low single digits profit gains for the quarter ended September
Lately, the Indian rupee has been facing tough times. As of now, the Indian rupee is trading at around 84.07 to the US dollar. This is very close to its lowest point ever, which was 84.075.
Decision to comply with Sebi's mandate to curb frenzy in the futures & options
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
At present, NSE holds a 24 per cent share in NSDL, while IDBI is the largest shareholder with a 26 per cent stake
The Sebi nod for the NSDL IPO came more than a year after the company submitted its DRHP to Sebi on July 7, 2023
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
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 revised the charges for the cash market to Rs 2.97 per side per lakh of traded value
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
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
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 ...