Brokers od bothe the Bombay Stock Exchange and National Stock Exchange on Tuesday demanded a single transaction tax on securities for only foreign institutional investors and non-resident Indians and asked Finance Minister P Chidambaram
Cairn India Ltd, which listed on the National Stock Exchange at Rs 152 on Tuesday, said it will invest $1.5 billion in exploration and development activities in India over the next three years.
'While Indian markets are indeed not inexpensive, the valuations of largecap stocks are still a considerable distance from being overstretched.'
Info Edge India Ltd, owner of job portal Naukri.com will be listing on Tuesday as its founder Sanjeev Bikhchandani rings the opening bell at the Bombay Stock Exchange
Market experts say booking profits could be unwise. If you are nervous, go for dividend-yield stocks.
The Bombay Stock Exchange and the National Stock Exchange will conduct special muhurat trading for Samvat year 2063 on October 21.
The improvement in the performance of actively managed mutual fund (MF) schemes is acting as a key tailwind for the nearly Rs 50 trillion industry, Kotak Institutional Equities (KIE) said in a report. The report adds that the two largest listed asset management companies (AMCs) - HDFC and Nippon India - are likely to be the biggest beneficiaries. "The industry has a solid track record of delivering alpha on 10-year returns (70-80 per cent of assets under management (AUM) beat the benchmark), with shorter duration performance also on an upswing.
The stock market would open from 18.15 hours on November 3 and would close at 19.30 hrs, the NSE said in a circular.
Market regulator Sebi has begun initial probe into the 'flash crash' of NSE index Nifty, which fell by nearly 900 points this morning, halting the trade on the exchange for about 15 minutes.
The National Company Law Tribunal (NCLT) has reserved its order on the merger of Zee Entertainment Enterprises and with Culver Max Entertainment (earlier known as Sony Pictures Networks India). The Mumbai bench of NCLT, comprising H V Subba Rao and Madhu Sinha, reserved the order on Monday, after hearing arguments from creditors who objected to the scheme including Axis Finance, JC Flower Asset Reconstruction Co, IDBI Bank, Imax Corp and IDBI Trusteeship. In December 2021, Zee Entertainment and Sony Pictures had agreed to merge their businesses.
The scrip of Bajaj Auto opened at Rs 945, which was also ts intra-day high, while shares of Bajaj Finserv opened at Rs 700 and rallied further to touch a high of Rs 999 in the early morning trade on the Bombay Stock Exchange.Last year Bajaj group was demerged into three separate entities -- Bajaj Auto Ltd, Bajaj Finsev and Bajaj Holdings and Investment Ltd.
From Sensex shares, Larsen & Toubro, Tata Motors, Hindustan Unilever, Asian Paints, ITC, Power Grid, NTPC and Reliance Industries were the major laggards. Among the gainers, Bajaj Finance jumped over 5 per cent. Mahindra & Mahindra, Bajaj Finserv, Bharti Airtel and Maruti also ended higher.
Reliance Petroleum Ltd on Monday announced its plan to enter the capital market with a public issue of 135 crore equity shares. \n
The shares of Maruti Udyog Limited will be listed on Wednesday on the Bombay Stock Exchange and the National Stock Exchange for trading in the secondary capital market.
The shares of car major Maruti Udyog Ltd would be listed on the National Stock Exchange and Bombay Stock Exchange by July 9-10, its managing director Jagdish Khattar said on Monday.
Reliance Communication Ventures on Monday got listed at the Bombay Stock Exchange opening strongly at Rs 290 a share.
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.
Reliance Energy Ventures Ltd shares listed on the bourses on Friday and traded at Rs 48.90.
At the outset, decide whether you want to be a trader or an investor, suggest Sarbajeet K Sen and Sanjay Kumar Singh.
Capital markets regulator Sebi has imposed a penalty of Rs 10 lakh on Jayant Bhusare, who was one of the executive of Sampark Infotainment, in a case pertaining to the irregularities in the NSE's 'Dark Fibre' case. He has been directed to pay the fine within 45 days, the Securities and Exchange Board of India (Sebi) said in its order. On Tuesday, the regulator had levied a fine totaling Rs 44 crore on 18 entities, including NSE, Sampark, certain brokers and their respective past and present employees in the same matter.
Did the NSA mean the terrorists had used their advance knowledge of planned terrorist strikes in India to make money from the stock market?
Trading would be conducted between 1815 hours and 1930 hours on the day, NSE said in a circular.
The Reserve Bank of India is planning to allow retail trading in government securities on the stock exchanges to widen the market.
The stock market nearly made up for the 1,744 points it tanked on Wednesday after the government and regulator SEBI reassured investors there was no move to ban Participatory Notes (PNs) but only curb funds inflow.
Within minutes of listing, the scrip of the country's biggest transmission utility touched a high of Rs 100 and as many as 28.86 lakh shares changed hands at the BSE. At the National Stock Exchange, the scrip got listed at Rs 89.80, touched a high of Rs 99.90 and over 8.36 crore shares were traded.
Zero-debt Cairn India has $2.85 billion cash reserve.
The shares will be bought in the open market on both the Bombay Stock Exchange (BSE) and National Stock Exchange (NSE) over a period of time.
Trading for the scrip of Jet Airways (India), which will be listed on National Stock Exchange on Monday, would be in the normal market segment.
Beauty and healthcare products manufacturer Emami Ltd's public offering has received bids for shares 4.62 times the issue size, bidding for which began on Friday.
The benchmark indices are set to end their five-month gaining streak, but the market breadth continues to hold strong So far this month, stocks gaining have outnumbered those declining, a sign that the bulls still have the upper hand, even as the pullback in the S&P BSE Sensex and the National Stock Exchange Nifty indicates otherwise. On the BSE, 2,126 stocks have advanced and 1,955 have declined in August, translating into an advance/decline ratio (ADR) of 1.1.
