Broader markets outperformed the benchmark indices, highlighting underlying strength in the market. The S&P BSE MidCap and SmallCap indices ended 1.55 per cent & 1.6 per cent higher, respectively
The progress in the US stimulus package and gross domestic product (GDP) growth in India for the quarter ended December 31, after two consecutive quarters of contraction, also helped sentiment
Permission to operate at full capacity, healthy content pipeline fuel optimism
The advance to decline ratio favoured bulls as nearly 2x stocks rose for every 1 stock that declined on the BSE
Bond markets are showing signs of nervousness, and yields on the 10-year government bonds are on the rise
Trajectory would hinge on Street's perceived inflation forecasts
In 1992, when the NSE was conceived, the idea was to offer strong competition to the unruly BSE. The situation has long reversed
The Nifty index gained as much as 9 per cent after the Budget and the Bank Nifty rallied 20 per cent, before giving up the bulk of the gains last week
GameStop shares touched $120.60 and were on track to nearly triple this week in an equity market where falling bond prices have weakened general investor sentiment towards US stocks
In the intra-day trade, the benchmark S&P BSE Sensex tumbled 2,149 points while the Nifty50 index slumped 629 points
In Jan, Sebi floated a discussion paper proposing to ease ownership norms for new exchanges
Dragging the Tatas into the 21st century will take more time
Sectorally, the Nifty Metal, PSU Bank, and Bank indices advanced 25 per cent, 40 per cent, and 20 per cent, respectively during the February F&O series
The National Stock Exchange (NSE) on Tuesday announced changes in index maintenance guidelines, criteria and methodology. From March 31, there will be changes to revision in the index reconstitution date, stock capping, quarterly rebalancing of shares and investible weight factors, and calculation of Price to Earnings (P/E) ratio for indices. There will also be changes to calculation of dividend yield per cent for indices. According to a release, the replacement of stocks resulting from periodic index reconstitution will be implemented from the last working day (beginning of day) of March, June, September and December. This will also depend on the review frequency as may be applicable for each index. "In case of capped indices, capping of stocks will be implemented from the last working day of March, June, September and December by taking into account closing prices as on T-3 basis, where T day is last working day of March, June, September and December," the release said. Further,
In the broader markets, the Nifty MidCap 100 and SmallCap 100 indices settled with gains of about 1 per cent on the NSE
The first draft is expected to be submitted to the finance ministry by March 15
Tumbles 2.3% in fifth straight day of loss amid rise in bond yields, Covid cases
The management expects profitability to improve on the back of volumes, cost reduction
Retail participation in the F&O segment - especially that for options writers on expiry days - has already been impacted owing to these norms, which became effective from December 1
The fall in gold prices may be a boon for the gold ETF category, which has seen inflows of over Rs 1,000 crore in the past two months