The National Stock Exchange (NSE) on Thursday warned investors not to fall prey to investment schemes with assured returns offered by Sameer Gulabrao Thite associated with Samsan Unitrade. The exchange pointed out that the person and the entity are not registered either as a member or authorised person of any registered member of the NSE. The cautionary statement comes after the NSE noticed that Sameer Gulabrao Thite associated with Samsan Unitrade was offering the service to handle trading accounts of investors by asking them to share their user identification (user ID) and password. "Investors are cautioned and advised not to subscribe to any such scheme/product offered by any entities/persons offering indicative/assured/guaranteed returns in the stock market as the same is prohibited by law," the exchange said in a statement. Further, investors have been asked not to share their trading credentials such as user ID and password with anyone. Earlier, the exchange had issued simil
The 30-share BSE Sensex ended 151.60 points or 0.25 per cent lower at 61,033.55
The company received bids for 7,21,742 shares against 3,04,88,966 shares on offer
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