Page 2 - Stock Exchange

FPI flows resume after a day's pause as India, Pak ease border tensions

The Indian rupee also strengthened, rising from a low of 88 in February to below 84 this month

BSE asks trading members to take measures to ward off any cyber threat

Leading stock exchange BSE has directed market participants to take precautionary measures on potential "high-impact" cyber-attacks by beefing up security monitoring of the systems with appropriate incident response plans. This comes amid India launching missile attacks on Pakistan and Pakistan-occupied Kashmir. In a circular issued on Wednesday, BSE has asked market participants "to take precautionary measures on potential cyber risks, including high-impact cyber-attacks such as ransomware, supply chain intrusions, DDoS attacks, website defacement and malware" It asked trading members to check if necessary security controls are in place, conduct risk assessment and mitigate any findings, beef up security monitoring of the systems with appropriate incident response plans, and increase threat hunting activities. These measures are aimed at ensuring a safe marketplace. This directive comes after an advisory was received from the Indian Computer Emergency Response Team (CERT-In) ...

Sebi directs brokers to collect margins by T+1 settlement day

Markets regulator Sebi on Monday directed brokers to collect all other margins, except value at risk (VaR) and Extreme Loss Margin (ELM), by the T+1 settlement day. The decision has been taken due to the shift from T+2 to T+1 settlement cycle. Trading members or clearing members are required to mandatorily collect upfront VaR margins and ELM from their clients. Earlier, they had time till 'T+2' working days to collect margins (except VaR margins and ELM) from their clients. "With effect from January 27, 2023, the settlement cycle has been reduced from T+2 to T+1 across all scrips in the cash market. "In this regard, based on representation received from the Brokers' Industry Standards Forum (ISF) and to ensure a more robust risk management framework, it has been decided that keeping in view the change in the settlement cycles, the TMs (trading members)/CMs (clearing members) shall be required to collect margins (except VaR margins and ELM) from their clients by the settlement day,"

Aditya Birla Sun Life AMC Q4 results: Profit grows 9% to Rs 228 cr

The company's board of directors in its meeting recommended a dividend of Rs 24 per equity share for FY25

Fast and furious: In a first, bourses cross 10 billion trades in FY25

Record numbers on both exchanges

Sebi extends auto trading window rules to kin of designated persons

Markets regulator Sebi on Monday extended its automated trading window closure mechanism to include immediate relatives of designated persons (DPs) in listed companies, ahead of the declaration of financial results. This move aims to prevent inadvertent non-compliance with insider trading norms by ensuring that those who may have access to unpublished price-sensitive information (UPSI) such as quarterly results are prohibited from trading during specific periods. Earlier, the restriction applied only to DPs. Now, Sebi has extended the scope to cover their immediate relatives as well, according to its circular. As per Sebi's definition, an immediate relative includes a spouse, and also a parent, sibling, or child (of the person or the spouse), provided they are financially dependent or consult the person in decisions related to trading in securities. This move follows a system already in place for DPs, which uses PAN-based trading freeze. To ensure a smooth rollout, the implementa

HDFC AMC Q4 results: Profit rises 18% to ₹638 cr, total income up 20.5%

In comparison, the company posted a PAT of Rs 541 crore in the year-ago period, the fund house said in a regulatory filing to the stock exchanges

150 years of BSE: When the nation witnessed a rally before independence

The concluding part of the Booms and Busts series looks at the share market rally ahead of Independence, and its eventual decline

150 years of BSE: When 100 banks failed and took stockbrokers with them

As the country's oldest stock exchange, the BSE, completes 150 years, Business Standard looks at lesser-known events from the pages of India's stock-market history

Sebi lowers minimum investment in social stock exchange to Rs 1,000

According to the latest directive, the September 2022 circular will now specify that the minimum investment size for ZCZP instruments will be Rs 1,000

Market regulator Sebi looks to boost social stock exchange platform

The regulator said there is a line-up of more than Rs 5 crore worth of ZCZP issuances

Chai Point eyes stock exchange listing by mid-2026: Co-founder Tarun Khanna

Chai Point, the popular tea cafe chain that sells close to a million cups of high-quality, freshly brewed tea every day, is looking to go public and list on stock exchange by mid-2026, its co-founder Tarun Khanna said. Chai Point made a special mark during the Kumbh Mela in Prayagraj, selling one lakh cups of tea a day at the peak from its limited-edition outlets. Conceived in 2009 when Khanna, a professor in Harvard University, was sipping a hot cup of tea at a cafe in Mumbai with his student Amuleek Singh Bijral. "On the roadside, there was a young boy selling tea in plastic cups to customers. Such 'chotus', as they are called, serve tea to millions in not-so-good plastic cups and not in the most hygienic conditions. A thought occurred as to why can't we bring authentic, flavourful, and high-quality tea to the masses in the most hygenic ways at an affordable price and at the same time also provide employment to the chotus," he said. That was the germinating point of Chai Point wh

BSE, Asia's oldest stock bourse, seeks ways to dent rival NSE's dominance

While the BSE's is renewing its focus on lifting cash volumes, bourses globally are gearing up to boost derivatives trading amid rising volatility

Adani Enterprises to sell entire 44% stake worth $2.2 billion in Wilmar

The stake sale, which will occur in two tranches, is estimated to fetch the Adani group approximately $2.2 billion (Rs 18,824 crore) upon completion

Metropolitan Stock Exchange to raise Rs 238 cr in fresh attempt at revival

Firms owned by Groww, Zerodha among investors

UFO Moviez sells its entire stake in associate company Mukta V N Films

The financial details were not disclosed in the filing. Additionally, UFO Moviez also sold 2,40,000 share warrants of Mukta V N Films

Sebi warns against unauthorised platforms for unlisted securities

Sebi highlighted that these platforms operate in violation of the Securities Contracts (Regulation) Act, 1956, and the Sebi Act, 1992, which are designed to protect investors' interests

EQT Asia doubles down on India's health care, financial services, and infra

Swedish PE firm invests $6 bn in 18 months; sells stake worth $2.4 bn

Sensex, Bankex, and Sensex 50 expiry days to change from 1 January 2025

The weekly contracts of Sensex will expiry on Tuesday of every week instead of Fridays, the BSE said

Sebi bats for independence of clearing corporations from stock exchanges

Regulator proposes measures to diversify ownership, other reforms