UP surpassed Gujarat to take the second position in 2023 by adding 33.8 per cent of new stock market investors
Retail investors currently make up for more than 25% of the average daily turnover in derivatives. More than 8 million individual investors traded in this segment in 2023
That's the key takeaway from an informal Bloomberg News survey of 10 fund managers and strategists, seven of whom said the NSE Nifty 50 Index will rise in 2024
Private equity firm True North's arm Threpsi Care LLP on Thursday divested a 1.23 per cent stake in Zydus Wellness for Rs 127 crore through an open market transaction. Zydus Family Trust and SBI Mutual Fund were the buyers of Zydus Wellness shares. Threpsi Care LLP sold 7.80 lakh shares, amounting to a 1.23 per cent stake in Zydus Wellness, as per the block deal data available with the National Stock Exchange (NSE). The shares were offloaded at an average price of Rs 1,632 apiece, taking the deal size to Rs 127.30 crore. After the latest transaction, Threpsi Care LLP's shareholding has declined to 10.12 per cent from 11.35 per cent stake (at the end of September quarter) in the company. The scrip of Zydus Wellness gained 0.43 per cent to close at Rs 1,641 per piece on the NSE. In a separate deal on the NSE, ICICI Prudential Mutual Fund and SBI Mutual Fund offloaded more than 56.25 lakh shares of Indiabulls Housing Finance for Rs 123 crore through open market transactions. ICICI
Indian exchanges like NSE, BSE, MCX, and the bond market will remain shut on the account of Christmas, this is the last market holiday on a trading day in this calendar year
Measured against 2018 baseline, mcap of largest smallcap stock has surged 2.5x
Profit booking after the excellent run was cited as the primary reason for this week's market rout
According to the index provider, seven new passive funds tracking Nifty indices were launched in Japan and Korea in 2023
Legal experts said that as such disclosures will have a bearing on stock prices there is a need for tweaks in regulations addressing fraudulent trade practices
Tribunal also slashes penalties levied on Chitra and Anand Subramanian
The market capitalisation of listed companies on the NSE has surpassed the USD 4 trillion (Rs 334.72 trillion) mark for the first time ever, with the benchmark Nifty hitting its all-time high of 20,291.55 last Friday. The benchmark Nifty climbed 134.75 points or 0.67 per cent to settle at an all-time high of 20,267.90 on Friday. During the day, the benchmark reached its intra-day record high of 20,291.55. The Nifty-500 index also touched an all-time high of 18,141.65 on the same day, indicating that the equity market rally is not restricted to only the large-cap stocks. "The achievement of this milestone is a testament of the vision outlined for the Amrit Kaal which includes a technology-driven and knowledge-based economy with strong public finances, and a robust financial sector," NSE said in a statement on Sunday. The journey of market capitalisation of listed companies rising from to USD 2 trillion (in July 2017) to USD 3 trillion (in May 2021) took about 46 months, whereas the
Tata Technologies IPO subscription: It was subscribed 69.43 times as of the final day of subscription on November 24, driven by high participation from institutional buyers
Stock market holiday today: Including November 27, the Indian stock market has remained closed for 13 weekdays so far in 2023
Leading exchanges BSE and NSE have imposed a fine of Rs 5,42,800 each on state-owned Power Grid Corporation for not having the required number of independent directors, including one woman. The NSE and BSE have imposed a fine of Rs 5,42,800 for non-compliance, Power Grid Corporation said in a regulatory filing said. It informed that the company has received notices from NSE and BSE on November 21, 2023, regarding non-compliance with the provision of Regulation 17(1) of the Sebi (LODR) for not having a requisite number of independent directors (including one woman independent director) on the Board during the quarter ended September 30, 2023. The company said that in response to the notices, it has requested NSE and BSE to grant a waiver of the fine with regard to non-compliance of Regulation 17(1) of the Sebi (LODR), Regulations, 2015. Powergrid, being a government company within the meaning of Section 2(45) of the Companies Act, 2013, the power to appoint functional/Official ...
BSE, CAMS, CDSL, KFin Tech: With market buoyancy to keep up the pace, the long-term view remains robust, but there is likely not much upside in the medium-term after the recent gains, analysts said
In a choppy session, the 30-share BSE Sensex climbed 92.47 points or 0.14 per cent to settle at 66,023.24. During the day, it fell to a low of 65,664.85 and touched a high of 66,063.43
Leading exchanges BSE and the NSE have imposed fines totalling Rs 11.22 lakh on Adani Green Energy for non-compliance with certain listing regulations. The two exchanges imposed fines of Rs 5.61 lakh each on the company. "BSE Ltd and the National Stock Exchange of India Ltd have, vide their letter dated November 21, 2023 (received by us at 6.30 pm ant 8.30 pm, respectively), imposed a fine of Rs 5,61,680 each on the company," the company said in a regulatory filing. As per the filing, the company wishes to also clarify that the company has already appointed two more independent directors effective September 7 and changed the composition of committees thereafter and after which, the company is in full compliance of Regulation 17(1) and 19(1) of the Sebi Listing Regulations effective from September 7, 2023. Regulation 17(1) of the Sebi Listing Regulations provides for requirements pertaining to the composition of the Board, including failure to appoint a woman director. Regulation 1
The company has set a buyback price of Rs 4,150, nearly 19 per cent higher than the last close
This shift in ownership dynamics comes as private promoters saw a decline in shares, marking a 4-year low of 41.55 per cent on September 30, 2023, according to primeinfobase
Benchmark Sensex declined by 143 points on Thursday amid continuous foreign fund outflows and mixed trends from global markets. In a volatile trade, the 30-share BSE Sensex declined 143.41 points or 0.22 per cent to settle at 64,832.20. During the day, it fell 206.85 points or 0.31 per cent to 64,768.76. The Nifty dipped 48.20 points or 0.25 per cent to 19,395.30. Among the Sensex firms, Hindustan Unilever, Tech Mahindra, Infosys, Reliance Industries, Bajaj Finance, Tata Consultancy Services, Titan and UltraTech Cement were the major laggards. Mahindra & Mahindra, Power Grid, IndusInd Bank, Tata Motors, Larsen & Toubro and Maruti were among the gainers. In Asian markets, Seoul, Tokyo and Shanghai settled in the positive territory while Hong Kong ended lower. European markets were trading mostly in the green. The US markets ended on a mixed note on Wednesday. "Reflecting the mixed global sentiments, the Indian market is mired in a range-bound trend with the Nifty index not able