Page 40 - Nse

NSE, BSE impose Rs 5,42,800 fine each on Power Grid Corp for non-compliance

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, CDSL, KFin Tech: Rally in exchange-related stks may halt, say analysts

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

Markets end with modest gains, Sensex up 92.47 points in volatile trade

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

BSE, NSE slap Rs 11.22 lakh fines on Adani Green Energy for non-compliance

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

Tata Consultancy Services gains after setting buyback record date

The company has set a buyback price of Rs 4,150, nearly 19 per cent higher than the last close

Retail holding in NSE firms touch all-time high: All you need to know

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

Sensex down a tad on unabated foreign fund outflows, weak global trends

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

MAN India secures new orders worth Rs 380 cr, shares hit 52-week high

MAN Industries (India) Ltd on Monday said it has secured new orders worth Rs 380 crore. The current order book of the company has reached Rs 1,400 crore, MAN Industries (India) said in a statement. The current order book is to be executed within the next six months, it added. Shares of the company surged by more than 9 per cent to hit a 52-week high of Rs 256.80 on BSE following the announcement. Around 1.24 lakh shares were traded on the exchange. On NSE, the stock surged 9.51 per cent to hit a year high of Rs 257.30 as more than 14 lakh shares changed hands on the exchange. Shares of the company were trading 6.98 per cent higher at Rs 250.75 on BSE and 6.38 per cent higher at Rs 249.95 on NSE in the pre-close session. MAN Industries (India) Chairman R C Mansukhani said that these new order wins will further solidify the company's role as a significant contributor to the nation's growth and development. MAN Industries (India) is one of the largest players in LSAW (longitudinal .

Street signs: Bulls charge ahead, IPO stars shine bright, and more

Shares of Mankind Pharma, SBFC Finance, and Fusion Micro Finance are likely to attract attention as the lock-in periods related to their initial public offerings (IPOs) come to an end

Healthcare to metals sectors: Finding the discount sweet spot in Nifty50

Over 50% of benchmark index components defy highs

NSE announces timings for Muhurat Trading session 2023; full list here

Muhurat Trading session 2023: NSE announced that the stock market will be open for regular trading between 6:15 PM and 7:15 PM on November 12 on the occasion of Diwali

Cello World subscribed 38.9x; Protean eGov's Rs 490 crore IPO to open Nov 6

Shares of Blue Jet Healthcare finished over 14 per cent higher during their trading debut

NSE consolidated net profit surges 13% to Rs 1,999 crore in Sept quarter

Benchmark Nifty closed below the 19,000-mark once again as overseas funds continued to keep their foot on the selling pedal

NSE Q2 results: Net profit rises 13% to Rs 1,999 crore, income up 24%

The National Stock Exchange (NSE) on Wednesday reported a 13 per cent year-on-year growth in consolidated net profit at Rs 1,999 crore for three months ended September. The consolidated income from operations stood at Rs 3,652 crore for the second quarter under review, a surge of 24 per cent from the year-ago period, NSE said in a statement. Apart from trading, the total revenue was also supported by other revenue lines including listing, index services, data services, and co-location facility, the exchange said. The net profit margins for the July-September quarter of the current financial year 2023-24 (FY24) stood at 50 per cent. During the first half of FY24, NSE contributed Rs18,744 crore to the exchequer, which comprised STT (Securities Transaction Tax) of Rs 14,858 crore, stamp duty (Rs 1,156 crore), GST (Rs 975 crore), Income tax (Rs 1,252 crore) and Sebi (Rs 503 crore). On the trading volumes front, cash markets recorded an average daily traded volume (ADTVs) of Rs 77,757

Voting matters: Shareholder dissent is moderating, says PRIME Database

The data-tracking firm analysed resolutions voted on during AGMs, EGMs, and court-convened meetings between April 1 and September 30, 2023

17% households invest in stocks, i-bankers should get good cos to mkts: NSE

National Stock Exchange's managing director and chief executive officer Ashish Chauhan on Monday said 17 per cent of Indian households are invested in stocks, and urged investment bankers to get quality companies to the market. Speaking at an event organised by the Association of Investment Bankers of India here, Chauhan said people who are seemingly poor are investing in entrepreneurs because of the trust factor and the number of investors are growing. There are 8 crore unique investors from 5 crore households who are invested, which means 17 per cent of the overall households of the country are directly invested in the stock markets, Chauhan said, adding that initial public offerings (IPOs) by companies are the preferred route for entering the markets. "So let us pray and of course work hard to ensure that only good companies come to the markets," Chauhan said in his address to the investment bankers. He said if the country's largest bourse NSE was a country, it would be 20th ...

NCDEX suffers major losses as suspension of futures gets extended

The commodities are paddy (non-basmati), wheat, chana, mustard seed and its derivatives, soybean and its derivatives, crude palm oil and moong

FPIs hoist their sails as they head for calmer waters, shows data

Will they weather the tempest of withdrawing Rs 25,305 crore since September, or is a perfect storm brewing for Indian equities?

Invest in multiple single-factor funds with a 7 to 10-year horizon

Timing entry and exit in a single-factor fund is impossible

NSE expands its commodity derivatives segment with 13 new contracts

The National Stock Exchange (NSE) on Monday said it has launched 13 new commodity derivatives contracts, a move that will help investors efficiently manage their risk. With this launch, NSE offers 28 products in the commodity derivatives segment, the exchange said in a statement. The 13 new derivatives contracts that have been launched are 'option on futures' on gold 1kg futures, gold mini futures, silver mini futures, copper futures, zinc futures, gold guinea (8 grams) futures, aluminium futures, aluminium mini futures, lead futures, lead mini futures, nickel futures, zinc futures and zinc mini futures. "With the launch of 13 new products today, futures and options on all key products in energy, bullion, and base metals categories are available on the NSE platform. This will enable participants to efficiently manage their risk across commodities on the exchange platform, " Sriram Krishnan, Chief Business Development Officer, NSE said. Over the last few days, NSE has launched six n