Sentiment was largely positive after April IIP grew at 4.9 per cent, spurred by higher growth in manufacturing and mining sectors.
The board of state-run Bank of Baroda has approved a proposal to return Rs 91.9 crore (Rs 919 million) of capital against recapitalisation bonds to the government, the National Stock Exchange said on Tuesday.\n\n\n\n
After a strong opening, shares of the car-maker further zoomed 9.37 per cent to Rs 1,899.90 -- its 52-week high on the BSE.
The company's market valuation stood at Rs 10,972 crore in morning trade.
Hewlett Packard currently owns 60.5 per cent of BSE and NSE-listed Mphasis.
According to media reports, Securities and Exchange Board of India is debating whether to reopen the issue of an open offer for shareholders of Jet Airways after another regulator said that Etihad enjoys joint control over the Indian airline.
Reflecting the bearish mood, all sectoral indices, led by metal, teck and healthcare, ended in the negative zone.
The market regulator had first proposed such a facility to alert investors about trades being conducted in their accounts in August 2011.
A little over 80 per cent of the orders placed on domestic stock markets are generated by algorithms. Samie Modak reports on the whats and whys of algos.
Sebi also allowed foreign investors to own up to 15 per cent stake in domestic stock and commodity exchanges
Cheering the move, shares of Jet opened the day on a bullish note and further jumped 7.26 per cent to Rs 414.70 on the Bombay Stock Exchange.
The NSE Nifty ended at 4,346, down 183 points.
We do not expect any major price action at SBI counter as the swap ratio being largely neutral
Such platforms are good for novices, and help seasoned players test their investment strategies
Some unions have opposed EPFO investing in share markets.
BSE Midcap and BSE Smallcap outperformed the frontline indices to gain 0.2% and 0.3%
Stay orders keep law out of citizen access even years after CIC rulings on opening market institutions to scrutiny
Sebi had given the exchanges a 2-year window to comply or exit.
Sebi keen to attract larger number of retail investors
Employees allege breach of transfer policy, accuses HR of non-transparency; protests to resume on October 22
Traditionally, financial institutions have operated risk functions in silos. However, the nature of unknown threats today requires industry participants to work together, says Vikram Limaye.
The 91.9 per cent slide in the stock price of Gitanjali Gems since April has depleted the value of promoter Mehul Choksi's holding in the company by at least Rs 17 crore (Rs 170 million) a day on an average.
Brokers have asked for a longer session on poll result day and an additional one on May 17
A section of senior stocks brokers on Thursday demanded that the Sebi probe the reasons behind the steep decline in share prices on May 17 by analysing the trade data at the BSE and NSE and punish the guilty severely.
Both the indices ended at their highest levels since February 1.
Multi-Commodity Exchange of India is the only listed bourse in the country
The proposed issue of shares would be subject to approval of shareholders and regulatory authorities, the release added.
Besides launching 50 products with a refreshed logo, Britannia to issue bonus debentures of Rs 720 crore
Barring oil and gas, all BSE sectoral indices finished in the green.
The rupee had retreated four paise from its 11-month high levels to close at 58.63 against the dollar on Tuesday on fresh demand for the US currency from importers, amid some profit- booking in stocks.
In September, Sebi had given a six-month extension to companies.
The clarifications came directly from the board of directors.
RBI had received 72 applications for small finance bank licences.
Once a stock market darling, the jewellery chain heads for liquidation.
U K Sinha's six-year tenure as chairman of Securities and Exchange Board of India ends later this week. Sinha held his last press conference in Mumbai on Monday, where he spoke on wide-ranging issues and his biggest regret.
ICICI Bank extended yesterday gains, rising 10% in two trading sessions