The board has approved the allotment of the shares, under the employee stock options plans of the company, Satyam said in a filing to the Bombay Stock Exchange. After the allotment, the paid-up share capital of the company stood at Rs 195,35,94,874 up from Rs 195,34,44,694, the filing added.
No circuit filter on the day of listing helps operators to push up prices.
Mega star Amitabh Bachchan, known as the Big B of the Bollywood, invests in small and mid-sized companies as well when it comes to stock market purchases, and is sitting on losses on some of his recent investments.
Leading bourse Bombay Stock Exchange on Tuesday favoured more stock markets in the country saying it will help in channelising the household savings into productive capital.
The company has fixed February 9, 2011 as the record date for ascertaining the eligibility of the shareholders, who would be entitled to receive sub-divided shares and bonus shares, it said in a separate filing to the BSE.
Whether it was scams or the threat of recession, the market survived everything with aplomb.
Whether earnings growth sustains will be crucial to determining how Indian equity markets fare in the days to come.
Suzlon shareholders approve of the stock split in a 1:5 ratio.
In November and December, FIIs pulled out $5 billion from the market, yet the Sensex settled back above the 20,000-mark.
Mukesh Ambani-controlled Reliance Industries on Wednesday said there are no proposals for a bonus issue or a stock split of its shares.
'It is like a chicken-and-egg situation.' 'All these product tweaks are innovative, but traders won't move unless there is liquidity.' 'And liquidity cannot be generated until traders move.'
Cashing in on the opportunities galore courtesy the spurt in Indian equities, foreign fund house Citigroup Global Markets has raised about Rs 400 crore (Rs 4 billion) by selling shares of 24 blue chip firms in just nine trading sessions.
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.
Here's to figuring out how much you know about the Bombay Stock Exchange
But markets look to be in the consolidational phase and look to move up steadily till October when we could see a correction again post the quarterly results rally, says market expert Pranav Sanghavi.
Markets are at a consolidation stage, says expert Pranav Sanghavi.
Jindal Steel stock is set to split its stock on January 28, 2008
About 768 small and mid-cap stocks in the Bombay Stock Exchange witnessed selling pressure and got locked in the lower circuit as regulator SEBI started clamping down on manipulators and erring companies.
Even as foreign institutional investors rapidly pull out their money from Dalal Street, Norway's sovereign wealth fund, the world's second largest, is set to invest $2 billion in Indian stocks.
'Investors need to be stock specific and should not rush to buy stocks at the current levels.'
The Bombay Stock Exchange would suspend trading in 50 stocks including BPL Ltd and Kinetic Trust Ltd from February 9, for non-payment of annual listing fees for 2004-05.
The Union government, the largest owner of stocks in the country, is also easily the largest loser in the stock market this year.
In June, Sensex went up 6.6% and Nifty 6.9%, their best monthly gains since December 2023.
All markets will remain closed on Monday, April 14, on account of Dr Baba Saheb Ambedkar Jayanti.
Signaling a growing clout of Indian blue chip banking scrips among foreign investors, HDFC Bank has joined ICICI Bank in the top five Sensex scrips held by foreign institutional investors
The benchmark index closed at 13,315.60 on September 18, after touching 12,558.14, below its May 2006-level. Interestingly, small-cap and mid-cap indices fell by over 15 per cent each, despite the Sensex and Nifty gaining 6 per cent since then.
The bellwether Sensex rose by over 500 points after the finance minister tabled the Budget in Parliament today.
Hyderabad police on Thursday arrested two senior executives of scam-hit Karvy Stock Broking Pvt Ltd for allegedly involving in diverting funds raised from banks by pledging clients' securities as collaterals. According to a police press release, Rajiv Ranjan Singh, chief executive officer and G. Krishna Hari chief financial officer of Karvy were arrested basing on a complaint by IndusInd bank.
Recent rally in Indian shares may not last long.
You may have to pay for using the Bombay Stock Exchange's benchmark Sensex or other indices for launching any product or scheme based on it, as Asia's oldest stock exchange is increasingly becoming protective about its brands.
Mumbai Indians's Rohit Sharma, Ricky Ponting and owner Nita Ambani visited the Bombay Stock Exchange.
The number of stocks trading below their paid-up values is increasing rapidly after the Bombay Stock Exchange Sensex corrected 44 per cent from its all-time high.
Ahmedabad-based KGN Industries, a 'Z' group share that was re-listed at Rs 100 on the Bombay Stock Exchange (BSE) on Wednesday after over seven years, witnessed a mammoth intra-day high of Rs 55,000 on minuscule volumes of 827 shares.Although the BSE suspended trading in the share at 12.20 pm on Wednesday, the exchange said trading would resume at usual on Thursday.
