Stock price largely unchanged over the past one year
It opened at Rs 162 compared to the previous day's close of Rs 224
Leading stock exchanges NSE and BSE on Monday kicked off World Investor Week 2023 to boost investor knowledge and promote responsible investing. World Investor Week 2023 (WIW) -- an initiative led by the Securities Exchange Board of India (Sebi) and the International Organization of Securities Commissions (IOSCO) -- is being celebrated from October 9 to October 15, the exchanges said in separate statements. The initiative is a global campaign that promotes investor education and protection. It provides an opportunity for stock exchanges, regulators, and other financial institutions to engage with investors, raise awareness about the importance of investor education, and highlight the various opportunities available in the financial markets. As part of this initiative, the bourses rang the closing bell on Monday to mark the beginning of World Investor Week 2023. "World Investor Week is an important occasion for us to reaffirm our dedication to investor protection and education," NSE
The country's two depository firms, Central Depository Services and the National Securities Depository, added about 3.1 million new accounts
As MCX manoeuvres the regulatory rigmarole over a new trading platform, its better-known rivals NSE and BSE, despite their relatively minuscule market share, are set to launch a major bid on Monday to enter the areas hitherto dominated by the country's largest commodity exchange. MCX (Multi Commodity Exchange of India Ltd) has been under the spotlight for a long time with regard to its transition to a new commodity trading platform from the one developed by its erstwhile promoter Financial Technologies India Ltd, now known as 63 Moons, that it has contracted to use till the year-end after repeated extensions. MCX announced last month that it will go live with the new platform developed by TCS from October 3, the implementation was put on hold soon after by the capital market regulator Sebi due to "technical issues" and in the wake of some pending legal matters. While the exchange has been holding mock trading sessions for the new software for quite a long time and will continue on .
The National Stock Exchange (NSE) on Friday said it will launch options on NYMEX WTI Crude Oil and Natural Gas futures contracts in its commodity derivatives segment from October 9. "The exchange has received approval from Sebi (Securities and Exchange Board of India) for launching options contracts on underlying WTI Crude Oil and Natural Gas Futures. The contracts would be available for trading from October 9," NSE said in a circular. On September 26, the exchange announced the launch date as October 16 and now it has been rescheduled to October 9. The addition of options on futures contracts will further boost NSE's product offering in the overall commodity segment. These contracts are designed to provide the market participants with a more efficient way to manage their commodity risk, the NSE had stated. Earlier, the exchange launched rupee denominated futures contracts on underlying NYMEX WTI crude oil and natural gas in its commodity derivatives segment. The NSE witnessed a ..
Despite experiencing sharp intraday fluctuations in recent sessions, the VIX index has consistently settled below 12
Overseas funds have stepped up the selling pressure following the US Federal Reserve's indication that interest rates will stay higher for longer
Reducing transaction time beyond a certain threshold may not enhance equity market quality. On the contrary, it could reduce participation and diversity and harm the markets
The Rs 30-crore initial public offering (IPO) of Digikore Studios (on the National Stock Exchange's SME platform) garnered 282 times subscription, attracting bids worth Rs 5,407 crore
Capital market regulator Sebi has renewed the licences of NSE Clearing Ltd and Indian Clearing Corporation Ltd for three years. The three-year licence will be valid till October 2, 2026, according to two separate gazette notifications issued on Wednesday. NSE Clearing Ltd is a wholly-owned subsidiary of the National Stock Exchange (NSE) and Indian Clearing Corporation Ltd (ICCL) is an arm of BSE. While considering the applications for renewal of recognition by NSE Clearing and ICCL, Sebi said it would be in the interest of the trade, in the interest of securities market and also in the public interest to do so. The watchdog has renewed their recognition to function as clearing corporations "for three years commencing on October 3, 2023 and ending on October 2, 2026". NSE Clearing and ICCL are responsible for clearing and settlement of all trades executed on NSE and BSE, respectively, as well as carry out deposit and collateral management, and risk management functions.
Shares of the company last traded at Rs 1,194, up 6.6 per cent over its previous day's close. Experts said traders are lapping up the stock in anticipation of a change in guard at the company
The Rs 30-crore initial public offering (IPO) of Digikore Studios (on the National Stock Exchange's SME platform) garnered 282 times subscription, attracting bids worth Rs 5,407 crore
The company is aiming to double its bottomline in three years underpinned by the growing number of wealthy Indians and their demand for investment solutions
As governance regulations evolve, the task of building a board that truly serves a company's needs is going to become more challenging
Market players said the curbs will clamp down on speculative activity and attract serious buyers
The process of identifying stocks moving to the TFT segment will be done fortnightly and stocks moving to and from the segment shall be on a quarterly basis
The extension is dependent on the approval of the markets regulator, for which the exchange filed the proposal weeks earlier
The National Stock Exchange (NSE) has already submitted a proposal to the market regulator Securities and Exchange Board of India (SEBI)
The index most recently closed at 19,674, a level deemed crucial by technical analysts