In dollar terms, the Nifty has gained 26.7 per cent in this year, while the Sensex has advanced 25 per cent during the same period.
The Bombay Stock Exchange's 30-share Sensex closed at 18,401 up 405 points. The National Stock Exchange's 50-share S&P CNX Nifty closed at 5,409 up 124 points.
All principal markets including the Bombay Stock Exchange, the National Stock Exchange, foreign exchange, money, oils & oilseeds, metals, copra and cotton remained closed on Wednesday on account of Eid-Ul-Fitr.
The Securities and Exchange Board of India has asked the Bombay Stock Exchange and National Stock Exchange to provide data of scrips traded on April 10 to analyse the reasons for the crash of the information technology scrips on that day.\n\n\n\n
The National Stock Exchange listed the Dow Jones Industrial and S&P 500 on its platform last week.
A buoyant equity market, coupled with an improved performance of mutual funds (MFs) on the returns chart, has heightened retail investors' appetite for equities. In the past few months, equity MF schemes have seen a surge in fresh investments through both lump sum (one-time investments) and systematic investment plan (SIP) routes. During the August-September 2023 period, equity MF schemes recorded net lump sum investments of Rs 35,270 crore, compared to just Rs 5,550 crore in the previous three months, according to data from the Association of Mutual Funds in India (Amfi).
Many companies, including Reliance Industries Ltd, have postponed their board meetings, scheduled for Wednesday, in view of the bandh called by Shiv Sena and the Bharatiya Janata Party to protest on Monday's blast in Mumbai.
Orders were executed at 9.15 am after initial order matching, while the markets will function as usual for other stocks.
BSE Metal and IT indices plummeted by almost 2%
The special trading session would be conducted to pay obeisance to Lakshmi, the Hindu goddess of wealth and prosperity.
BSE Metal, IT and Consumer Durable indices surged by nearly 2% each. However, BSE FMCG index declined by nearly 1%.
Exchange to launch mutual fund trading platform; BSE set to follow.
Hindustan Unilever on Tuesday reported 15.59 per cent jump in net profit at Rs 871.36 crore (Rs 8.71 billion) for the third quarter ended December 31, 2012, on account of robust sales across various business verticals.
Despite changes in rules, the exchange is not in a hurry
The bamboo water bottle is priced at Rs 560 and the soap variant of 125 grams costs Rs 125 each.
Asia's oldest bourse, Bombay Stock Exchange on Wednesday launched currency derivatives segment (BSE-CDX) that would enable participants to hedge their currency risks through trading in the US dollar-rupee future platform.
BSE-FMCG, consumer durables, pharmaceuticals led declines.
Without naming National Stock Exchange, MCX-SX also said that its rival was killing competition by offering free trading in currency derivatives, and thus making it difficult for it to get business and investors.
Jet settled higher by 2.35 per cent at Rs 623.40 on the Bombay Stock Exchange.
The country's largest stock exchange in terms of volume has 'received an in-principle nod from Sebi for starting an exchange to trade foreign currency derivatives,' sources close to the development said. NSE officials, however, were not available for comment.
Benchmark share indices ended lower, amid a volatile trading session, weighed by weakness among Metal, Banks and Capital Goods shares. Weak performance of the global markets also dampened the sentiments among local investors.
With equity and commodity exchanges allowed to enter each other's areas from October, brokerages are pump-priming their businesses to allow their clients seamless trading in commodities and equities.
Indiabulls Financial Services has fixed the price of a $45 million Global Depository issue which is expected to be listed on the Luxembourg Stock Exchange.
The country's third largest software firm said on Thursday that it will demerge non-IT businesses like Consumer Care & Lighting into a new company, a move which will allow it to focus exclusively on information technology.
NSE launched trading in individual stock futures in November 2001.
BSE-real-estate, bankex, auto lead gains on BSE.
After a weak opening, shares of the company dropped further by 5.78 per cent to trade at Rs 83 on the Bombay Stock Exchange.
'We have a lot of hope from mobile, algorithmic trading and the small and medium enterprise segment. The journey has just begun.'
The trades done on February 6 would be settled on February 9 as a separate settlement.
With internet protocol migration, larger bandwidth and higher throughput, the new network will allow NSE to consolidate their technology infrastructure, thereby reducing IT costs and transaction cost for the end-investor.
Benchmark share indices ended nearly 2% down on Monday, amid weak cues from Asia and Europe, with index heavyweight Infosys leading the decline
After the Bombay Stock Exchange (BSE) Brokers Forum, the Association of National Stock Exchange Members of India (ANMI) has decided to approach the government and the Securities and Exchange Board of India (Sebi) on extension of trading hours from January 4.
USEIL, promoted by 11 banks, MMTC, and a large brokerage firm Jaypee Capital has received in princial approval from Sebi for commencing contracts in currency derivatives.
Wall Street-correlated stock markets are facing the risk of correction, as Christopher Wood, the global head of equity strategy at Jefferies, conveys to investors in his latest edition of GREED & fear. Rising crude oil prices, which are nearing $100 a barrel (Brent), pose a threat to the global central bank's battle against inflation and have led to a re-evaluation of its exposure to Indian stocks. "The potential for more US Federal Reserve (Fed) rate hikes, combined with the risk that monetary tightening finally bites as regards the economy, remains a risk for Wall Street-correlated world stock markets. "There is also the oil factor. This is why GREED & fear continues to believe the pain trade is down. "Areas in Asia, such as Indian midcaps, which have already done very well, are at obvious risk of some profit-taking," writes Wood.
In 2014, the benchmark Sensex rose by 6,328.74 points or 30 per cent and recorded a record high of 28,822.37 on November 28.
The country's two ubiquitous financial powerhouses, HDFC and ICICI Bank, have been the darling of participatory notes, the instrument through which overseas investors invest indirectly - through foreign institutional investors - in India's stock market. Among the stocks comprising Bombay Stock Exchange's Sensitive Index and National Stock Exchange's S&P Nifty, HDFC has the highest P-Notes holding in value, 14.2 per cent, followed by ICICI Bank's 9.1 per cent.
A BSE spokesperson, confirming the resignation, told PTI in Mumbai that that BSE board has accepted his resignation and he would be relieved of his responsibilities from end-this month.
Since the company's senior management was privy to the price-sensitive information of Ghosh's resignation, Sebi wanted to check whether the information was disseminated properly to bourses
Benchmark share indices ended lower on Wednesday weighed down by selling pressure in bank shares on concerns of rising non performing assets in wake of the economic slowdown. Selling in metal and capital goods shares also dampened market sentiment.