The move is expected to cut into the business of rival Bombay Stock Exchange (BSE).
The National Stock Exchange is chalking out a strategy to launch a separate trading platform for small and medium companies.
The Uttar Pradesh Stock Exchange may get permission from the Securities and Exchange Board of India for taking membership of the National Stock Exchange, NSE, as Bhave, the new Sebi chief, seems to be cooperative on the moves that had earlier been opposed by his predecessor. M Damodaran had, almost eight months back, rejected the application of the Madras Stock Exchange for a tie-up with the NSE. But after Bhave took over, this permission has been granted.
Experts said the 20 per cent drop in the market poses a challenge for companies that have set the ball rolling on their IPO plans as valuations will now have to realign. This could entail more dilution or lowering of the issue size.
The Bombay Stock Exchange benchmark Sensex today fell by over 150 points ahead of the release of inflation data amid weak international trend as oil prices firmed up globally.
In a BSE filing, the company said it has filed certified copies of the Andhra Pradesh High Court order paving way for the merger with Registrar of Companies, Andhra Pradesh, Hyderabad.
The stock was the worst hit among the blue-chips on both BSE and NSE.
NASDAQ, the world's largest electronic equities exchange, is looking to acquire equity position in National Stock Exchange of India Limited.
The Bombay Stock Exchange may longer enjoy the exclusivity over the reporting platform for the corporate bond market
Both equity benchmarks--the Sensex of the Bombay Stock Exchange and the Nifty of the National Stock Exchange-- have gained 14 per cent and 12 per cent, respectively, as the USDX rose by a quick 7.83 per cent in over a month. It touched a high of 77.50 on August 26.
Corporation Bank has stopped proceedings for the merger of Chikmagalur Kodagu Grameena Bank with itself.
The move will help in increasing transparency as well as providing correct picture of the actual shareholding of a listed company.
'We have done tremendous automation in the stock markets'.
Intercontinental Exchange, which trades in energy derivatives, is in talks to buy ICICI Bank's holding in the National Commodities and Derivative Exchange.
After the National Stock Exchange, the focus has now shifted to stake sale soon in two depositories, the National Securities Depository and the Central Depository Services.
Sentiments were also bearish largely in tandem with a sell-off in global markets as US Treasury yields surged to multi-year highs on robust economic data and comments from the Federal Reserve, sparking fears of accelerating inflation, brokers said.
After the record setting collections yesterday, the momentum of the flow of bids for Reliance Power's mega initial share offer slowed on Wednesday, the second day, with subscription levels crossing 14 times, according to the information available on the National Stock Exchange Web site at 8 pm.
The purchases, made through the open market on June 11, will take OrbiTech's holding in Polaris to 6.21 per cent, it said.\n\n\n\n
The 30-share BSE Sensitive index or Sensex slipped below 13,000-mark. At 1450 hrs, Sensex was down 526 points at 12,936. a loss of almost 4 per cent compared to Thutsday's close.
National Stock Exchange decided to waive off transaction charges on trades done on its new mini-Nifty, till March 31.
The market cap of the listed firms on the Bombay Stock Exchange and the National Stock Exchange on Monday declined by a whopping Rs 125,000 crore (Rs 1,250 billion) to Rs 43,75,020 crore (Rs 43,750 billion), thereby falling below the GDP of Rs 46,93,000 crore (Rs 46,930 billion) at current market price, as per the real economy data released by the Reserve Bank of India on April 28 this year.
The market cap of the listed firms on the Bombay Stock Exchange and the National Stock Exchange on Monday declined by a whopping Rs 125,000 crore (Rs 1250 billion) to Rs 43,75,020 crore (Rs 43750.20 billion), thereby falling below the GDP of Rs 46,93,000 crore (Rs 46930 billion) at current market price, as per the real economy data released by the Reserve Bank of India on April 28 this year.
Mini Sensex outdid mini Nifty in turnover on the first day of the New Year. It showed more turnover in terms of value than mini Nifty.
The F&O segment has been attracting huge volumes in recent months, with the average daily turnover above Rs 40,000 crore on the National Stock Exchange.
NSE launched trading in individual stock futures in November 2001.
The much-awaited demutualisation of Bombay Stock Exchange was completed on Friday after Asia's oldest bourse sold its 51 per cent stake to 21 investors.
The stage is all set for a battle among stock exchanges for setting up separate exchanges for small and medium enterprises as they top bourses.
According to a late evening filing with the National Stock Exchange, Gulu will buy the 33.3 per cent stake held by Sonu's wife for about Rs 110 crore (Rs 1.1 billion). The proposed deal will increase Gulu's stake in the holding entity from 27.77 per cent to 61.07 per cent. Guvisco owns a 52.74 per cent stake in Mirc, which manufactures the Onida brand of consumer goods. Onida has a share of 8-10 per cent in the Rs 14,000-crore (Rs 140-billion) colour television market.
The DSE Association has changed its status to DSE Ltd to facilitate its process of demutualisation and listing on the leading bourses of the country, Bharat Bhushan Sahni, the chairman of DSE Demutualisation Committee, said.
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.
Bear Stearns, which was registered as a foreign institutional investor in 2004, sold an additional 40.2 million shares valued at Rs 677 crore on the National Stock Exchange on Monday, taking its total sales to Rs 943 crore in the last two days.
A woman Jet Airways employee was allegedly trying to smuggle out foreign currency worth over Rs 3 crore.
The Securities and Exchange Board of India on Friday put equity float by large-cap companies on the fast track.
The move comes nearly a month after it acquired five per cent in the National Stock Exchange.
Leading global provider of banking, insurance and financial technology solutions, Polaris Software Lab Ltd on Monday said UK-based Llyods TSB has selected its 'Intellect Suite' as the banking solution for the international cash management offering.
Satyam shares on Friday received a severe lashing on the bourses with its shares plunging as much as 84 per cent to just Rs 6.30, but later recovered some of the losses to settle around Rs 20 level.
Ruias-controlled Essar group on Thursday said it will delist its two steel and oil arms from stock exchanges to gain more flexibility in running the companies.
Emaar MGF's IPO got subscribed 12% in the first two hours of opening of the issue.
The Bombay Stock Exchange and the National Stock Exchange will be open for the special Diwali 'Muhurat' trading on Tuesday evening from 1805 hrs to 1920 hrs, to mark the beginning of the Hindu new calendar year 'Vikram Samvat 2062'.
© 2026 Rediff.com - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances