Metal stocks were under heavy selling pressure today as investors grew increasingly anxious about the economic impact of spreading of China's Coronavirus outbreak
Banking counters were leading the charge from the front with ICICI Bank becoming the biggest contributor toward's today's gain, ahead of its December quarter results tomorrow
ONGC, NTPC, and Maruti Suzuki were the top drags on the Sensex today while Nestle India, TCS, and Infosys were the top gainers
Tata Steel, Asian Paints, and Maruti Suzuki, down up to 3 per cent, were the top laggards at the index. On the other hand, UltraTech Cement, HDFC, and IndusInd Bank ended the day as top gainers
Heavyweights like Reliance Industries, HDFC Bank, TCS, Axis Bank and SBI were the top contributors towards today's fall
While financial and banking counters traded in the sea of red throughout the day, index heavyweights like Reliance Industries and Bharti Airtel, that surged 3 per cent and 6 per cent, respectively.
A total of 18 companies, including Reliance Industries, Tata Consultancy Services (TCS), and HCL Technologies, are scheduled to release their December quarter numbers later in the day
Prestige, Sobha top picks given their exposure to Bengaluru, other southern markets
It was alleged that Sampark provided latency advantage to a few brokers, which resulted in a substantial increase in their turnover during the period from April-August 2015
The order came after an investigation by the Securities and Exchange Board of India against several former and current NSE employees and stock brokers in the co-location matter
Finance minister Nirmala Sitharaman on Tuesday said the government and Reserve Bank are working to resolve the issues being faced by realty sector. Admitting that realty sector has been left out of the booster measures announced earlier, she said the sector has a spillover effect on many sectors, especially the core sector. "The government is very keen and is working very clearly together with the RBI to see how best we can, where necessary, tweak the existing norms to help the people who are affected in the realty sector," she said at an NSE event. It can be noted that after the July budget roiled the market and business sentiment, the government has rolled back many of the tax measures and also went to the extent of drastically cutting corporate tax to 22 percent--making the biggest tax giveaways to the tune of Rs 1.3 lakh crore. Admitting that the so far announced measures have not helped revive the sentiment in the real estate, she said since August the government
Cross-margining allows traders to transfer excess margin from one account to another account to satisfy margin maintenance requirements to offset positions
From the latest on Nusli Wadia's defamation suit against Ratan Tata to Walmart's firing of top India execs, read all the top headlines here
This supplementary notice was sent on December 16, and follows a show-cause notice sent on October 9, 2019
The facility will be made effective from January 10, 2020, NSE said in a circular.
The decision was taken following protest from trade bodies that were seeking a withdrawal of these fines citing impact on trade volume
Norms on providing margins were issued by the National Stock Exchange of India last week
The entire IPO would be offer-for-sale (OFS), wherein existing shareholders will sell NSE's shares
Currently, State Bank of India (SBI) holds 5.19 per cent stake in the exchange
Leading stock exchange BSE on Friday said 10 companies have filed applications with the bourse to list their commercial papers (CPs) for a total issue size of Rs 7,185 crore. Bajaj Finance Ltd, National Fertilizers Ltd, Network18 Media & Investment Ltd, TV18 Broadcast Ltd, Bajaj Housing Finance Ltd, SBI Cards and Payment Services Ltd, Axis Finance Ltd, Aditya Birla Money Ltd, ICICI Home Finance Company Ltd and Standard Chartered Investments and Loans (India) Ltd are the firms that have made applications to list their CPs with the exchange, BSE said in a release. Post process, the effective date of listing of CPs with the exchange will be January 6, it added. "Till date, 59 issuers have done 381 issuances of commercial papers and have successfully listed CPs of Rs 1,28,745 crore on BSE. The weighted average yield of these issuances is 6.09 per cent with an average tenor of 132 days," the exchange added. CP is an unsecured money market instrument issued in the form of promissory ...