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.
After equity indices of emerging markets, Indian investors will now be able to trade the key index of the UK. The National Stock Exchange (NSE) will launch trading in the FTSE 100, the UK's benchmark equity gauge, from May 3.
Glimpses of the celebrations as the BSE Sensex on Friday crossed the 60,000 mark for the first time.
The Bombay Stock Exchange benchmark Sensex sank by 951 points on black Monday on panic selling by funds, triggered by weak global cues.
Without naming Adani group specifically, the capital markets watchdog said in a statement that unusual price movement in the stocks of a business conglomerate has been observed in the past week.
Taking its price war with main rival National Stock Exchange (NSE) up a notch, the Bombay Stock Exchange (BSE) has announced the waiver of all transaction charges for brokers from semi-urban areas with effect from next month.
National Stock Exchange index Nifty shot up 50 points to 4,756.45.
In a significant decision, the Securities and Exchange Board of India (Sebi) has decided to set up a panel to review all records maintained by auditors on the quarterly results of companies listed on the Bombay Stock Exchange 30-share Sensex and the National Stock Exchange 50-share Nifty.
The venture -- named as BSE StAR MF, has received confirmation from more than 20 mutual fund-houses to participate and seven funds, with a total of 103 schemes, will be available from today itself.
EdServ founder S Giridharan speaks about how he became an entrepreneur and chose the field of education to work in.
For investors and traders, who want to do technical analysis, there are a number of software packages for intra-day charting and end-of-day (EOD) software.
The Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE) have decided to postpone new trading timings to January 4, 2010. The trading on both the bourses will be conducted from 9 a.m. to 3.30 p.m. Both the bourses expect this move to ramp-up their volumes.
Glimpses of Vijay Shekhar Sharma's joy during the IPO listing ceremony on the BSE.
The Indian capital markets have seen far-reaching changes in the last 20 years. Take, for instance, the quantum of wealth created. Total market capitalisation has shot up from Rs 68,870 crore (the value of 1,191 companies listed on the Bombay Stock Exchange or BSE) in 1991 to Rs 59,84,875 crore (the value of over 4,000 companies listed on the BSE as on August 29, 2011).
The BSE also launched a report 'Because I am a Girl' on Tuesday, which focuses on the economic empowerment of the girl child. It was also released simultaneously in 15 countries, including at the Sydney and Dutch Stock Exchanges.
sustained inflow of foreign funds kept the market in a cheerful mood.
Earlier, the listing agreement was a bilateral one.
Foreign institutional investors have been net investors to the tune of Rs 55,000 crore (Rs 550 billion) in equity markets this year so far. In contrast, domestic institutional investors have been net sellers over the past three months.
The much-awaited trading in corporate bonds will start on the National and the Bombay Stock Exchanges from July 1. This is expected to energise the moribund debt market.
'We have a lot of hope from mobile, algorithmic trading and the small and medium enterprise segment. The journey has just begun.'
The group has interests in auto, textiles, engineering, chemical and power sectors, among others. "We think this is a good time to enter the IT sector. Melstar also has a US subsidiary, which gives us entry into this market as well," said PVR Murthy, CFO of YBG. The group is looking at further growth through acquisition, with the current focus on West Asian and South East Asian firms.
The group has interests in auto, textiles, engineering, chemical and power sectors, among others. "We think this is a good time to enter the IT sector. Melstar also has a US subsidiary, which gives us entry into this market as well," said PVR Murthy, CFO of YBG. The group is looking at further growth through acquisition, with the current focus on West Asian and South East Asian firms.
The story began with the BSE board selling 5 per cent of its equity each to Frankfurt-based Deutsche Boerse AG (the world's biggest stock exchange in terms of market capitalisation) and the Singapore Exchange at Rs 5,200 per share.
Taking immediate corrective action and lessons from the US experience would help in restoring investor confidence.
The bonds are expected to be listed on the Singapore Stock Exchange and closing is likely to take place on January 21, 2008, subject to requisite approvals, Gremach said in a filing to the Bombay Stock Exchange. The company intends to use the net proceeds of the issue for foraying into oil rig business as may be permitted by Indian law and RBI regulation.
'Like all long-term bull markets, the Indian stock market will continue to climb the proverbial wall of worry.'
ASE Capital Markets, a subsidiary of The Ahmedabad Stock Exchange, the second oldest bourse in India, is selling a part of its holding in the Bombay Stock Exchange -- the second time in less than 12 months.
Market experts predict that the equity markets are likely to remain volatile for the rest of the year.
The Bombay Stock Exchange and the National Stock Exchange have extended trading timings for a fortnight, starting September 25 to October 09, on account fo sun outage during this period.
Soros has bid for the BSE stake, held by the embattled Dubai Financial Group LLC, through Soros Fund Management LLC, and Kaiser has done so through private equity fund, Argonaut.
The first tranche of Sovereign Gold Bonds 2021-22 will be open for subscription for five days from Monday, the finance ministry said in a statement. The bonds will be issued in six tranches from May 2021 to September 2021, it said on Wednesday. The subscription period for 2021-22 Series I will be May 17-21, and bonds will be issued on May 25.
On the last day of Satyam's stint in India's benchmark indices - the Bombay Stock Exchange Sensex and the National Stock Exchange S&P CNX Nifty - its shares turned out to be a punter's delight.
Block deal transactions by foreign institutional investors registered a significant fall in October and November. The decline was mainly because of major deal makers cashing out of the equity market to make good their mark-to-market losses and meet redemption pressure.
The Securities and Exchange Board of India on Friday put equity float by large-cap companies on the fast track.
The Sensex traded lower by 536.19 points at 15,240.12 at noon with most heavy-weight stocks plunging to recent lows. Similarly, the second wide-based National Stock Exchange index Nifty dropped by 173.10 points at 4446.70.
The Bombay Stock Exchange is set to pick up 26 per cent stake in India's first demutualised online multi commodity exchange the National Multi-Commodity Exchange.
From the enactment of the capital control Act to the recognition of the BSE as a stock exchange and the infamous Harshad Mehta scam, here are the 18 biggest events for stock markets from 1947 to 1993.
