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NSE halves lot size for trading derivatives contracts for Nifty50 index

The lot size in the derivatives segment refers to the fixed number of shares in a unit or group for which contracts are traded

SBI to L&T: NSE revises F&O lot size of derivative contracts for 54 stocks

Exchange has cut the lot size for the futures and options contracts of 42 stocks to half of the current lot sizes. The revised lot sizes will be effective from 26 April for expiries in May or later

Stock markets closed for trading today on account of Good Friday

The holiday-shortened week witnessed only three days of trading as the equity markets were also closed on Monday, March 25, on account of Holi

BSE announces 25 stocks eligible for T+0 settlement cycle from Thursday

Among stocks eligible for the T+0 settlement cycle are Ambuja Cements, Ashok Leyland, Bank of Baroda, Cipla,

US Fed decision powers 540-pt rally in Sensex; broader indices jump over 2%

Stock market highlights on March 21: In the broader markets, the rebound was steeper with the BSE MidCap and SmallCap indices closing 2.3 per cent and 2 per cent higher, respectively

NSE's social exchange listings swell to 5; FM Sitharaman hails fundraise

The market regulator last year reduced the minimum application size from Rs 2 lakh to Rs 10,000 and cut the minimum issue size from Rs 1 crore to Rs 50 lakh

Investors become richer by Rs 7.81 trillion as stock markets rebound

With equities staging a smart comeback a day after registering a steep fall, investors' wealth jumped by Rs 7.81 lakh crore on Thursday. The 30-share BSE Sensex climbed 335.39 points or 0.46 per cent to settle at 73,097.28. During the day, it jumped 602.41 points or 0.82 per cent to 73,364.30. The market capitalisation of BSE-listed companies went up by Rs 7,81,631.24 crore to Rs 3,79,98,233.91 crore (USD 4.59 trillion). The BSE benchmark index tanked 906.07 points, or 1.23 per cent, to settle at 72,761.89 on Wednesday. The Nifty plummeted 338 points, or 1.51 per cent, to 21,997.70. "Short-covering provided the much-needed fillip after Wednesday's crash, as key indices rose sharply after early weakness but quickly rebounded thereafter. Sharp gains in the US Dow Futures indicating a positive start also buoyed the local market sentiment. Recovery in mid and smallcap stocks shows that money is waiting on the sidelines to enter the market post healthy correction," Prashanth Tapse, Seni

NSE reduces transaction charges by 1%; to exit from non-core businesses

This reduction transaction charges for cash equity and equity derivatives will begin on April 1, 2024, and is anticipated to impact the company's charges by Rs 130 crore

Markets log biggest fall of month amid declines in banking heavyweights

Nervousness ahead of crucial data pull indices down

Sebi warns Vedanta for publishing 'unlisted ultimate holding' firm's info

Mining major Vedanta on Thursday said it has received an administrative warning from markets regulator Sebi for "publishing information related to its unlisted ultimate holding company". Vedanta received a letter from NSE on March 6, 2023, annexing a letter dated February 29, 2024, issued by the Securities and Exchange Board of India (Sebi), according to a regulatory filing. The company has been directed to place the said letter before its board and take necessary corrective steps to strengthen the internal control for corporate announcements/ press releases, it said without divulging any further information. On the details of the violations alleged to be committed, the company said the letter is "in respect of it publishing information related to its unlisted ultimate holding company". New Delhi-based Vedanta Ltd is a diversified natural resources company with interests in oil and gas, aluminium, copper, zinc, lead, silver, iron ore and steel.

Investors subscribe JG Chemicals IPO 27.78 times on last day of offer

The initial public offer (IPO) of JG Chemicals was subscribed 27.78 times on the final day of bidding on Thursday. The Rs 251.2 crore IPO received bids for 22,69,11,245 shares against 81,68,714 shares on offer, according to data available with the NSE. The portion for non-institutional investors received 46.32 times subscriptions while the quota for Qualified Institutional Buyers (QIBs) subscribed 32.09 times, and the category for retail individual investors (RIIs) attracted 17.43 times subscriptions. The zinc oxide manufacturer's initial public offer proposed a fresh issue of up to Rs 165 crore shares and an offer for sale of up to 39 lakh equity. The IPO was in a price range of Rs 210-221 a share. JG Chemicals on Monday said it has collected over Rs 75 crore from anchor investors. Proceeds from the fresh issue to the tune of Rs 91 crore will be utilised for investing in JG Chemicals' material subsidiary BDJ Oxides, and Rs 35 crore will be used for funding the long-term working

BSE may buy out S&P Dow Jones Indices' entire 50% stake in joint venture

The move follows a long dispute between the two bourses over exiting the JV, which is responsible for compiling and maintaining popular Sensex and Bankex indices

Global algo traders gearing up to swarm India stock futures, Says SGX

The trading of the derivative contracts moved to GIFT City from Singapore last July after a dispute between SGX and National Stock Exchange of India Ltd

Chimetech Holding divests 1% stake in Delhivery worth Rs 360 crore

Chimetech Holding on Friday divested 1 per cent stake in logistics and supply chain firm Delhivery for Rs 360 crore through an open market transaction. According to the bulk deal data available with the National Stock Exchange (NSE), Chimetech Holding Ltd sold more than 76.64 lakh shares, amounting to a 1.04 per cent stake in Delhivery. The shares were disposed of at an average price of Rs 470.01 apiece, taking the transaction value to Rs 360.25 crore. As of December 2023, Chimetech Holding Ltd owned 1.31 per cent shareholding in Delhivery. Details of the buyers could not be ascertained. The scrip of Delhivery declined 1.78 per cent to settle at Rs 464.70 apiece on the NSE. In another bulk deal on the NSE, Amansa Holdings offloaded shares of pharmaceutical company Suven Pharmaceuticals for Rs 215 crore through an open market transaction. Amansa Holdings sold 31.26 lakh shares of Suven Pharmaceuticals at an average price of Rs 689.19 apiece, taking the deal size to Rs 215.48 cror

FPI inflows remain muted in February amid high valuations, shows data

Overseas funds seen favouring less expensive Korea, Taiwan markets

National Stock Exchange tweaks methodology for inclusion of companies

Lays more emphasis on 'free-float' mcap as selection criteria for small and midcap index

Supreme Court issues notice in Chitra Ramkrishna's dark fibre case

The court has directed Ramkrishna to deposit half of the Rs 25 lakh penalty to stay the operation of the SAT order. The case will likely be heard again in March

Street signs: Sebi's deep dive, Exicom's IPO power surge, and more

Electric vehicle charging firm Exicom Tele-Systems' Rs 430 crore initial public offering (IPO) is likely to break the recent weak listing trend

Benchmarks slip, broader indices rally; PSB, FMCG, IT stocks weigh

Stock market highlights on February 23, 2024: Asian Paints, Maruti Suzuki, HCL Tech, NTPC, SBI, TCS, JSW Steel, IndusInd Bank, Bharti Airtel, ITC, Axis Bank, and TCS were the top laggards

GPT Healthcare's Rs 525 cr IPO gets 37% subscription on first day of offer

The initial share sale of GPT Healthcare Ltd, which operates and manages mid-sized multi-specialty hospitals under the ILS Hospitals brand, received 37 per cent subscription on the first day of offer on Thursday. The Initial Public Offering (IPO) received 72,43,360 bids for shares against 1,97,63,327 shares on offer, as per NSE data. The category for Retail Individual Investors (RIIs) got subscribed 66 per cent, while the quota for non-institutional investors received 18 per cent subscription. On Wednesday, GPT Healthcare Ltd said it has collected Rs 157.54 crore from anchor investors. The Rs 525 crore IPO is a combination of a fresh issue of equity shares aggregating to Rs 40 crore and an Offer For Sale (OFS) of up to 2.6 crore equity shares by private equity firm BanyanTree Growth Capital II. BanyanTree, which holds 2.6 crore shares or 32.64 per cent stake, in Kolkata-based GPT Healthcare, is divesting its entire shareholding in the company. Price range for the offer is Rs 177-