The NSE MD & CEO made the comments while addressing its investors during the exchange's first-ever quarterly earnings concall
The long-awaited pivot away from US equities may finally be at hand, and India may benefit from this shift
Written submissions sought after hearings held in August
The S&P BSE Sensex closed at 60,950.36 on Friday. This is 815 points away from the October 18 all-time closing high of 61,765.60
Policy loopholes are encouraging many promoters to exit their companies stealthily, raising the question: Should promoters be in control after pledging their shares?
Benchmark indices gained in 11 of the past 12 trading sessions
Stock market wrap: Reliance alone contributed 231 points to the 30-share benchmark. Maruti, M&M and NTPC were the other major gainers. The Metal and IT sector witnessed selling pressure.
Muhurat Trading Session Wrap: Financial shares led by ICICI Bank, HDFC twins top gainers chart. Nestle, L&T also up smartly, while Hindustan Unilever sheds 3 per cent.
The BSE MidCap index fell about 4 per cent in Samvat 2078, while the BSE SmallCap index added 0.4 per cent
Currently, the entity getting merged is removed from the index and later the weightage of the merged entity is increased
This is the second block deal by Invesco in seven months, which offloaded 7.8% stake in Zee Entertainment in April
The Muhurat trading session on October 24, 2022, will mark the beginning of Samvat 2079
The fall in the Indian market is far subdued, compared to many global peers that have slipped into bear-market territory
Stock markets will be guided by the ongoing quarterly earnings season and global factors, analysts said, adding that foreign fund movement would also play a crucial role in dictating the terms. Besides, movement of the rupee and trend in international oil benchmark Brent crude will also influence trading, they added. "Market will look for direction from Q2 earnings and global cues. This week many financial and cement companies will come out with their Q2 results. Global markets are quite volatile, which may lead to volatility in our market as well," said Santosh Meena, Head of Research, Swastika Investmart Ltd. In terms of global factors, macro numbers from the United States and China will be important, Meena said. Movement of the US bond yields, dollar index and crude oil will be other global factors to watch out for, Meena added. It will be important to see institutional flows from here on. "Earnings and global cues will dictate the trend this week. First, participants will reac
The combined market valuation of six of the 10 most valued domestic firms eroded by Rs 78,163 crore last week, with Reliance Industries taking the biggest hit. Last week, the 30-share BSE Sensex declined 271.32 points or 0.46 per cent. While Reliance Industries, Bharti Airtel, ICICI Bank, HUL, Bajaj Finance and SBI saw a drop in their valuation, TCS, HDFC Bank, Infosys and HDFC emerged as the gainers. However, the combined gain of the four firms at Rs 30,467.03 crore was less than the total loss suffered by the six companies. The market valuation of index heavyweight Reliance Industries tanked Rs 42,113.47 crore to reach Rs 16,04,069.19 crore. Bharti Airtel lost Rs 15,159.81 crore to stand at Rs 4,26,226.99 crore. The market capitalisation (mcap) of ICICI Bank declined by Rs 8,272.37 crore to Rs 6,06,317.50 crore and that of Hindustan Unilever Ltd (HUL) fell by Rs 5,404.06 crore to Rs 6,05,219.47 crore. Bajaj Finance's valuation dipped Rs 4,268.28 crore to Rs 4,40,295.38 crore a
Leading bourse NSE has sought comments from listed entities on the proposal to migrate from PDF to XBRL format to submit board meeting outcomes to help the exchange in analysing the data. The feedback has been sought till October 15, the National Stock Exchange (NSE) said in a circular. XBRL (eXtensible Business Reporting Language) is a language for the electronic communication of business and financial data used for business reporting around the world. It provides major benefits in the preparation, analysis and communication of business information. Under the rules, listed entities are required to submit periodical compliance filings to stock exchanges within prescribed timelines and accordingly were mandated to report XBRL-based filings for financials from the year 2015 onwards. Over the period, stock exchanges in a phased manner have been aiming to convert filings made under the Securities and Exchange Board of India (Sebi) rules from PDF to XBRL format. With an objective to ..
The Nifty ended the session at 16,983 points, with a fall of 257 points, or 1.5 per cent
The markets witnessed such a fall during this period amid weak global cues, a depreciating Indian rupee, and sharp selling by foreign institutional investors (FIIs)
The combined market valuation of seven of the 10 most valued firms eroded by Rs 1,16,053.13 crore last week amid an overall bearish trend in equities, with Reliance Industries taking the biggest hit. Last week, the Sensex shed 672 points or 1.15 per cent. While Reliance Industries, HDFC Bank, ICICI Bank, SBI, Bharti Airtel, Bajaj Finance and HDFC were the laggards from the top-10 pack, TCS, Hindustan Unilever and Infosys emerged as the gainers. The valuation of Reliance Industries fell by Rs 41,706.05 crore to reach Rs 16,08,601.05 crore. State Bank of India's valuation diminished by Rs 17,313.74 crore to Rs 4,73,941.51 crore. The market capitalisation (mcap) of ICICI Bank tanked Rs 13,806.39 crore to Rs 6,01,156.60 crore and that of HDFC Bank eroded by Rs 13,423.6 crore to Rs 7,92,270.97 crore. The mcap of HDFC went lower by Rs 10,830.97 crore to Rs 4,16,077.03 crore and that of Bajaj Finance declined by Rs 10,240.83 crore to Rs 4,44,236.73 crore. Bharti Airtel's valuation dipp
The Delhi High Court on Wednesday granted bail to former National Stock Exchange (NSE) head Chitra Ramkrishna and ex group operating officer Anand Subramanian in the co-location scam case being probed by the CBI. Justice Sudhir Kumar Jain said he was granting "statutory bail" to the two former officials of the NSE. A detailed copy of the order is awaited. An FIR was registered in the case in May 2018, amid fresh revelations about irregularities at the country's largest stock exchange. The CBI is probing the alleged improper dissemination of information from the computer servers of the market exchanges to stock brokers. Subramanian was arrested by the CBI on February 24. The CBI had arrested Ramkrishna on March 6, a day after her anticipatory bail application was dismissed by a trial court. In a status report filed in the bail plea by Subramanian, the CBI said the investigation has established that co-accused Ramkrishna abused her official position at NSE to illegally appoint him