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.
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.
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.
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.
According to data from BSE, the 4,357 companies available for trade had a combined mcap of around Rs 416 trillion on Tuesday against India's GDP at current prices of Rs 296.6 trillion in FY24.
'Even now, investors are not bothered about the war but are more concerned whether it will remain localised or not.' 'In case things are contained, markets can stage a bounce back in the next few days.'
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.
Co-location attracts institutional investors, which drives volumes for long-dated options, with higher realisations at lower costs.
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.
All markets will remain closed on Monday, April 14, on account of Dr Baba Saheb Ambedkar Jayanti.
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.
The Union government, the largest owner of stocks in the country, is also easily the largest loser in the stock market this year.
Mumbai Indians's Rohit Sharma, Ricky Ponting and owner Nita Ambani visited the Bombay Stock Exchange.
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.
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 bellwether Sensex rose by over 500 points after the finance minister tabled the Budget in Parliament today.
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.
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.
Recent rally in Indian shares may not last long.
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.
FIIs pour $2 bn in January; flows into India equity funds hit 54-week high; doubts on sustainability persist.
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.
Since its low on July 26, the US dollar index has gained a little over eight per cent. In the same period, the Bombay Stock Exchange Sensitive Index, or Sensex, has lost 12.4 per cent, establishing a negative correlation of about 1.5 times.
'Sebi had no problem with derivatives until trading exploded after Covid.' 'But now, having built a dangerous road, from which different entities, mainly governments, are extracting a heavy toll, Sebi is concerned that people are driving on it in much greater numbers,' explains Debashis Basu.