The Bombay Stock Exchange, the National Stock Exchange, forex, money market and oils & oilseeds will remain closed on Tuesday, December 9, on account of 'Bakri-Id'.
Both the stock exchanges - the Bombay Stock Exchange and the National Stock Exchange - will conduct live trading on Saturday to test the readiness and upgrade the backup site in Chennai.
'While Indian markets are indeed not inexpensive, the valuations of largecap stocks are still a considerable distance from being overstretched.'
Major markets, including the Bombay Stock Exchange, the National Stock Exchange, Foreign Exchange will remain closed on March 25, on account of Good Friday.\n
Barring bullion, all other commodity markets as well as forex and money markets, the Bombay Stock Exchange and the National Stock Exchange remain closed on Tuesday on account of Mahavir Jayanti.
Investors may have to wait a little longer for Unified Payments Interface (UPI)-based block mechanism in the secondary market even as the market regulator has set the effective launch date as January 1, 2024. Several brokerage firms said they may take a few months more to implement it. Investors will be able to register for this facility only if the stock broker has opted for the UPI block facility.
Equity mutual fund (MF) schemes have raked in Rs 46,200 crore in net lump-sum inflows in the past six months (ended February 2024), almost thrice the inflow in the previous six-month period.
Several markets, including the foreign exchange and all the commodity markets will remain closed on Thursday, March 30, on account of Gudi Padwa.
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.
Following a more than 15 per cent surge in the National Stock Exchange (NSE) Nifty 50 from this year's lows, the spread between the 10-year government security (G-sec) and the Nifty earnings has approached the danger zone of 2 percentage points (ppt). At present, the G-sec yield is roughly 7.09 per cent, while the Nifty earnings are 5.12 per cent. As a result, the spread works out to 1.98 ppt, ever so slightly below the danger mark of 2 ppt.
London's AIM, Chinese and Korean exchanges interested.
Select markets including the Bombay Stock Exchange, the National Stock Exchange, foreign exchange and money market will remain closed on Thursday, on account of Ambedkar Jayanti.
Finance Minister P Chidambaram on Friday asked market regulator SEBI and the two premier bourses, National Stock Exchange and Bombay Stock Exchange, to chalk out a detailed roadmap to prevent manipulation in regional stock exchanges and misuse of sub
The cash pile within smallcap mutual fund (MF) schemes has grown over the past few months amid a relentless rally in stocks in this space. While fund managers usually don't make cash calls, incessant inflows and valuation discomfort have forced their hand. At the end of January, the top 10 schemes had over Rs 12,160 crore in cash, compared to Rs 8,700 crore in August 2023.
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.
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.
A combined 14,398 shares have changed hands on the counter and there are pending sell orders for 115,711 shares on the National Stock Exchange and Bombay Stock Exchange.
Stock exchanges have increased scrutiny of investors domiciled in Sikkim, following reports of illegal routing of investments through the Northeast state to evade taxes. The National Stock Exchange (NSE) has directed its trading members (brokers) to re-verify and certify investors who have declared their permanent address as Sikkim. Further, brokers have been told to maintain a vigil on the location of devices used by Sikkim-based clients for trading to ensure these are genuine investors from the region.
All principal markets including commodity, the Bombay Stock Exchange, the National Stock Exchange, Foreign Exchange and Money Market will remain closed on September 7.
Brokerages will soon have to send the brief details of every transaction in an investor's account to his email address.
Global banks Morgan Stanley and Citigroup and private equity firm Actis today collectively bought a six per cent stake in the National Stock Exchange (NSE) for an undisclosed sum.
All the principal markets including commodities, stocks and forex will remain closed on Friday, August 15, on account of Independence Day
All major markets including Bombay Stock Exchange, National Stock Exchange, foreign exchange, call money and wholesale commodity markets will remain closed on Friday on account of 'Dussehra'.
On Wednesday, BSE announced advancing trade timing to 9.45 am, from 9.55 am. NSE reacted to the unilateral decision, saying it would start at 9 am. BSE quickly followed suit and announced it would also start trading at the same time.
State-run Coal India on Wednesday toppled billionaire Mukesh Ambani-led Reliance Industries as the country's most valued company, with a slightly higher market valuation around mid-day.
Select markets like Bombay Stock Exchange, National Stock Exchange, foreign exchange and money market will remain closed on Friday, April 9, on account of Good Friday.
Both the exchanges tgether claim 2 million new participants this year till date.
The Bombay Stock Exchange, National Stock Exchange, Foreign Exchange, Money market and the oils and oilseeds market will remain closed on Friday on account of Id-ul-Zuha
Major markets including, the Bombay Stock Exchange, the National Stock Exchange, the foreign exchange and money market will remain closed on Thursday for Ram Navmi.
With Housing Development Finance Corporation's (HDFC's) merger with HDFC Bank becoming effective on July 1, the merged entity is set to become the top weight in the benchmarks S&P BSE Sensex and the National Stock Exchange Nifty indices, dislodging the country's most valuable company, Reliance Industries (RIL), from its perch. HDFC will stop trading after July 13. At present, RIL has a weighting of close to 12 per cent in the Sensex and 10.3 per cent in the broad-based Nifty. Meanwhile, HDFC Bank and HDFC have weights of 9.9 per cent and 6.8 per cent in the Sensex and 8.8 per cent and 6 per cent in the Nifty, respectively.
The dealers operating in the space have jumped nearly three times over the past two years.
In the high profile co-location case, markets regulator Sebi on Wednesday imposed a penalty of Rs 1 crore on the NSE for failing to provide a level-playing field for trading members subscribing to its tick-by-tick (TBT) data feed system. In addition, the regulator levied a fine of Rs 25 lakh each on NSE's former managing directors and chief executive officers Chitra Ramakrishna and Ravi Narain. Alleged lapses in high-frequency trading offered through NSE's co-location facility came under the scanner of the watchdog after a complaint was filed in 2015.
Cross margining is a procedure through which participants in the market can transfer excess margin from one account to another account, thereby reducing total margin payment and cutting down systematic risks.
Stocks of public sector companies, especially the oil refining and marketing companies (OMCs) - Bharat Petroleum Corporation Limited (BPCL), Hindustan Petroleum Corporation Limited (HPCL) and Indian Oil Corporation Limited (IOC) - logged gains on Tuesday in a weak market. While the Nifty lost nearly 1 per cent in trade on Tuesday, the Nifty CPSE index - a gauge of performance of central public sector enterprises on the National Stock Exchange (NSE) - gained over 3 per cent in intra-day trade. The rally in PSU stocks comes on the back of the BPCL chairman, Arun Kumar Singh suggesting in the company's annual general meeting (AGM) on Monday that the government intends to complete the divestment process in the OMC by March 2022.
From bhikshus of Ashokan 3rd century BC and medieval Sufis to Oxfam, Omidyar and Soros now, non-State actors have any real power only when they work in conjunction with a real State, asserts Shekhar Gupta.
The Delhi high court on Friday sought response from the Central Bureau of Investigation (CBI) on the bail plea by former managing director and chief executive officer of the National Stock Exchange (NSE) Chitra Ramkrishna in connection with the co-location case. Justice Sudhir Kumar Jain issued notice on the bail application and listed the case for further hearing on May 31. The trial court had dismissed the bail plea of the former NSE boss on May 12 and said that no ground for bail was made out at this stage.
NSE targeting hundreds of Japanese investors who poured money into India through yen-carry trades.
Bombay Stock Exchange, under new CEO Madhu Kannan, wants to re-invent itself. Is it too late?