India's stock exchanges are considering trading on February 28, the federal Budget day, which falls on a Saturday.
While Nifty 50 reflects changes in 40 years, it also shows what is missing: Low-cost manufacturers at one end, and deep-value players at the other. Also missing are technology players, observes T N Ninan.
The government on Saturday said it would create a third trading platform to revive the regional stock exchanges which have been hit badly after the rapid growth of Bombay Stock Exchange and National Stock Exchange.
Sebi has asked intermediaries to stagger the offerings as much as possible, said people in the know and ensure adequate capacity building.
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.
'Hackers from China and UK were involved in the October 12 power outage,' Maharashtra power minister tells Rediff.com.
The shares - close to 30% of the total holding - are expected to list on rival National Stock Exchange on or around February 3.
Lawyers say compensation may be an uphill task for investors because of a lack of judicial precedent and broader institutional difficulties.
C Vijayakumar, the reticent chief executive of HCL Technologies, India's third-largest IT services firm, was recently appointed managing director, succeeding the founder, Shiv Nadar. Back in October 2016, when CVK, as he is popularly called within and outside of HCL, was named CEO, it had been somewhat of a surprise - his elevation being the result of his predecessor, Anant Gupta, suddenly stepping down to "pursue personal interests". CVK, 53, has since taken the firm from under $7 billion to over $10 billion in revenue.
At the outset, decide whether you want to be a trader or an investor, suggest Sarbajeet K Sen and Sanjay Kumar Singh.
sharper-than-expected economic recovery back home, analysts say, can fuel a further rally in domestic cyclicals, industrials, and financials as global central banks continue with their easy money policy.
As a multi-agency probe into the NSE case gathers pace, the grant of preferential server and data access to select brokers and their suspected misuse are being investigated threadbare to unveil all quid pro quo arrangements in a highly-sophisticated scheme that worked like a cricket betting scandal, officials said on Monday. While the bourse has said it has taken several steps over the years to strengthen its technology infrastructure, including as per regulatory orders, the officials said certain fresh disclosures call for a detailed probe into whether a select group of individuals in high positions had banded together to make illicit gains by facilitating the preferential trading slots, beginning over a decade ago. Even a split-second faster access is said to result in huge gains for a trader.
Thus far in FY21, BSE, NSE have rallied 70 per cent and 71 per cent, respectively.
During the quarter ended December, foreign investors aggressively raised their shareholding in Indian information technology (IT) companies, especially mid- and small-sized ones, according to shareholding data.
The National Stock Exchange (NSE) on Monday said failure of telecom links as well as that of storage area network system led to the outage last month and that steps are being taken to address the issues. Between primary and NDR (Near Disaster Recovery) sites, NSE said it has multiple telecom links with two service providers to ensure redundancy. In a detailed statement on the outage that happened on February 24, the bourse said various measures have been taken and others are under implementation to address the issues.
Government is set to release CPI for the month of May and Index of Industrial Production IIP for the month of April today.
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'.
Sebi proposes to relax ownership rules to allow more entrants in the exchange space, which is seeing a disruption globally with the emergence of new technologies such as block chain.
NSE recorded almost 145 crore (1.45 billion) equity trades on its platform last year, a gain of 3 per cent from 2012, making it the biggest among 51 global peers, according to data with the World Federation of Exchanges.
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.
Capital goods, realty and power stocks led from the front while losses in oil & gas heavyweights offset the gains.
Sebi reforms to foreign investment were overdue, these changes are likely to have positive effects in the long run.
The suggested buyback price of Rs 3,850, which also is the stock's 52-week high, is at 6.7 per cent premium to the Wednesday's intra-day high price.
The market will open at 18:15 hours and will close at 19:15 hours.
The Sensex ends up 16 points to end at 20,514.
The 30-share Sensex of the Bombay Stock Exchange closed 86.55 points higher at 21,337.67 and the National Stock Exchange Nifty index closed at its highest closing levels in 2014, up 25.15 points at 6,338.95.
Reliance up 0.94%, Sun Pharma up 2.85, ICICI Bank up 0.76%, Bharti Airtel up 1.56% and Tata Steel up 2.2% were the top Sensex gainers today.
Stock market transactions through mobile phones doubled in 2013
The bourses said they would soon announce the list of securities eligible for pre-open and call-auction session.
The biggest gainer, Lupin, saw its market value appreciate nearly seven-fold.
Bechmarks rallied after BJP won the so called semi finals and investors now anticipate a Narendra Modi-led NDA government coming to power at the centre in 2014.
In a range-bound trading, the BSE benchmark Sensex ended a shade higher by 1.57 points in the special 90-minute trading today as funds refrained from making any major commitments in the absence of global cues.
Emerging business theme-based funds basically invest into mid and small-cap stocks, which normally have the potential to grow faster.
The Bombay Stock Exchange, the National Stock Exchange, Foreign Exchange and money markets will remain closed on Wednesday on account of 'Buddha Purnima'.
You could exit on completion of your set target or on spurt in the stock price.
The stock exchanges have raised various concerns mainly about two UB Group firms -- Kingfisher Airlines and United Spirits -- for not providing required disclosures and not adhering to deadline regarding finacial results and the annual general meeting.
Profit-booking in IT and index-heavyweights dragged markets.
Both the exchanges tgether claim 2 million new participants this year till date.
Some commentators now expect the current account deficit for this year to drop below $70 billion.