India's stock exchanges are considering trading on February 28, the federal Budget day, which falls on a Saturday.
The MCX Stock Exchange has dragged the market regulator to court. In a writ petition filed on July 16 in the Bombay High Court, the exchange has sought a response from the Securities and Exchange Board of India on its application for permission to operate as a full-fledged stock exchange.
Sebi proposes to relax ownership rules to allow more entrants in the exchange space, which is seeing a disruption globally with the emergence of new technologies such as block chain.
The top agenda of the meeting includes a review of Tata Trusts representation on the Tata Sons board.
There are thousands of stocks within the NSE, for example, that are rarely traded.
Industrial Development Bank of India chairman M Damodaran has resigned from the board following his appointment as the Securities and Exchange Board of India chief.
There is a need for further focus and strengthening of guidelines.
Share prices of the two top stock exchanges - the Bombay Stock Exchange and the National Stock Exchange - are expected to rise after the Securities and Exchange Board of India proposed to allow domestic institutional investors, insurance firms and banks to hold up to 15 per cent stake in these exchanges as against the current limit of 5 per cent.
We visit a few brokerage houses and the stock exchanges to demystify the nuances of mobile trading of stocks and derivatives.
India allows derivatives trading in 31 more stocks
The abnormal price rise in two penny stocks - KGN Industries and Sylph Technologies - will top the agenda of the weekly surveillance meeting that the Securities and Exchange Board of India holds with stock exchanges.
The Securities and Exchange Board of India is keeping a close watch on the movements in the stock prices at the Bombay Stock Exchange and the National Stock Exchange, which hit the upper circuit halting the trade for the day, a senior finance ministry official said.
The Bombay Stock Exchange is set to see a reshuffle in its board of directors, the first since the country's oldest bourse was demutualised and became a limited company last year. The reshuffle, details of which are yet to be discussed, is widely believed to be at the behest of market regulator Securities and Exchange Board of India.
'BSE has facilitated nearly Rs 35 trillion in capital raising across multiple segments.'
The exchange will unveil a ticker showing live quotes and news flashing on a huge video screen.
As part of efforts to develop the corporate bond market, trading platforms for the fledgling instruments are expected to be operational from July at the Bombay Stock Exchange and the National Stock Exchange.
New Delhi Television Ltd has filed a draft red herring prospectus with Securities Exchange Board of India for its initial public offer of Rs 100 crore (Rs 1 billion).
The Bombay Stock Exchange, the oldest bourse in Asia, is looking at listing its benchmark 30-share index Sensex on the US-based International Securities Exchange that is owned by Eurex Frankfurt AG.
Japan's main market for emerging technology companies is in talks with the Bombay Stock Exchange for an alliance that could lead to Indian companies listing on its board in Tokyo.
The National Stock Exchange listed the Dow Jones Industrial and S&P 500 on its platform last week.
The Securities and Exchange Board of India (Sebi) is considering segregation of settlement for proprietary trades and retail trades to avoid misuse and circumvention by certain brokers, its chairperson Madhabi Puri Buch said recently. Proprietary trading refers to trades done by brokers and other financial institutions using their own capital. "There are some people who are permitting access to their clients through prop accounts for a variety of reasons, including wanting to fund their margins.
The National Stock Exchange, Bombay Stock Exchange, MCX Stock Exchange and United Stock Exchange have been invited for the August 6 meet.
The five-month-old exchange traded currency futures market is set to witness competition, rising volumes and innovations with the United Stock Exchange of India gearing up to launch the product in April.
Brokerages will soon have to send the brief details of every transaction in an investor's account to his email address.
India's regional stock exchanges will draw up a roadmap on Saturday to form a consolidated larger entity 'Indonext' or merge the trading platform with bigger bourses, like the Bombay Stock Exchange.
Both the main stock exchanges have set in motion a separate platform to generate more interest and more liquidity for the small and medium enterprises (SME) segment.
On August 7, the Reserve Bank of India and the Securities and Exchange Board of India cleared the guidelines for currency futures trading. Exactly six days later, the National Stock Exchange got the market regulator's approval to start such trading and is scheduled to kick off currency futures this Friday.
India's two prime bourses, the National Stock Exchange and the Bombay Stock Exchange, are likely to extend the trading time by two-and-a-half hours from next month and a formal notification to this effect is expected shortly.
The Bombay Stock Exchange has agreed to sell 41 per cent stake to a clutch of domestic and foreign investors for about 385 million dollars, subject to regulatory approvals.
Firms denied peer review certificate may be barred from auditing
Some unions have opposed EPFO investing in share markets.
Bharatiya Janata Party leader and Investors' Greivance Forum chief Kirit Somaiya has meanwhile filed a criminal complaint against Satyam and demanded that all transactions that have been conducted (after Raju admitted the fraud committed by him) must be reversed today (Friday, Jan 9) before 3 p.m. on the stock exchanges.
The first phase of this online platform will be in place by March 2010
The Securities and Exchange Board of India continued to be on high alert and has asked the stock exchanges to "remain extraordinarily watchful of any unusual movements" following the intense volatility in the capital market.
The Bombay Stock Exchange is learnt to have shortlisted London, Nasdaq, Deutsche Borse, New York, and Singapore stock exchanges for the proposed sale of its 26 per cent stake.
Earlier, the listing agreement was a bilateral one.
The Securities and Exchange Board of India has permitted Stock Exchanges to determine the manner of adjustments in derivative contracts for corporate actions such as dividend and bonus payment.\n\n