National Stock Exchange

Sebi introduces new measures to curb misleading investment return claims

Sebi announced that a credit rating agency would act as the verification agency, while a stock exchange will serve as the data centre

Dip, rebound: A Teflon resilience in markets that won't let declines stick

Investors who bought the dip since 2022 have reaped bigger returns from sharper rebounds

Punjab & Sind Bank plans to raise Rs 3,000 cr from infra bonds this month

State-owned Punjab & Sind Bank plans to raise Rs 3,000 crore from maiden infrastructure bonds this month as part of exercise to raise resources to expand loan book. "We have taken board approval for raising Rs 5,000 crore from infrastructure bonds in tranches. As against that, the bank proposes to raise Rs 3,000 crore in the first tranche," Punjab & Sind Bank Managing Director and CEO Swarup Kumar Saha said. Asked about the timing of fundraise, he said, it would be tentatively in the third week of this month. The base issue size is going to be Rs 500 crore, with a greenshoe option of Rs 2,500 crore. In accordance with RBI guidelines, these papers would have a tenure of 10 years. They have been rated as 'AA' by domestic rating agencies. The bank proposes to utilise the proceeds in the next two quarters. These bonds would be listed on the National Stock Exchange (NSE) for trading. The bank is aiming at the credit growth of 13-14 per cent during the current financial ...

Upper Crust owner SSP plans for IPO of Travel Food Services in India

The company said that a draft red herring prospectus has been filed in connection to the proposed IPO with BSE Ltd

Street Signs: Nifty racing past resistance, BSE's high-wire act, more

Shares of BSE have surged more than 20 per cent in less than two weeks, defying concerns surrounding the Securities and Exchange Board of India's (Sebi's) new futures and options

EPFO Board approves reinvesting 50% ETF redemption proceeds into equity

The board also approved the rollout of the centralised payment system by Dec 31 which will allow pensioners to withdraw money from any branch of any bank nationwide

Weekly contracts that made India top options market has last trading day

The surge in options trading boosted revenue for the nation's two stock exchanges and attracted the biggest Wall Street firms

Awfis to design, manage 165K sq ft office space for NSE in Mumbai

Awfis Space Solutions Limited on Tuesday said it will design and manage 1.65 lakh square feet of office space in Mumbai for the National Stock Exchange. In a statement, the company said it has "signed service agreement for two floors, spanning approximately 1.65 lakh sq ft, to the National Stock Exchange (NSE) at Adani Inspire in Bandra-Kurla Complex (BKC), Mumbai." Awfis will also design, build and manage the space for NSE. This partnership demonstrates the company's capability to deliver high-quality workspace solutions tailored to clients' business needs and employee well-being, it said. Awfis already operates a co-working centre in the 10-storey commercial building 'Adani Inspire'. With this new deal, the company expands its footprint with additional two centres. Amit Ramani, its Chairman and Managing Director, said: "We are proud to welcome NSE as our clientthis collaborationreaffirms our leadership in the flex space sector and strengthens our commitment to meeting the unique

NSE considers launching new products to bolster commodities market

Addressing a media roundtable, he said the NSE is currently focusing on non-agricultural products for trading on its commodity exchange because such products offer greater certainty

NSE Q2 results: Net profit soars 57% to Rs 3,137 cr, income at Rs 5,023 cr

The National Stock Exchange (NSE) on Monday reported a 57 per cent year-on-year surge in consolidated net profit to Rs 3,137 crore for the September quarter. The exchange posted a total income of Rs 5,023 crore during the July-September period of the current financial year (FY25), up 25 per cent on a year-on-year basis. Apart from trading revenue, the revenue from operations was also supported by other revenue lines, which mainly include clearing services, data centre & connectivity charges, listing services, index services, and data services, the exchange said in a statement. Its earnings per share (non-annualised) increased to Rs 12.68 in the second quarter of the ongoing fiscal year from Rs 8.08 a year ago, after considering the issuance of bonus equity shares in the ratio of 4:1. For the half-year ended September 30, 2024, the NSE reported a total income of Rs 9,974 crore with net profit of Rs 5,704 crore. The exchange contributed Rs 30,130 crore to the exchequer in the first

National Stock Exchange's IPO hinges on approval from Sebi, says CEO

The National Stock Exchange of India Ltd., whose initial public offering has faced delays since it initial filing in 2016, needs approval from the Sebi to reapply

Expanding bond market to ease capital needs key to India's $5 trn goal

Nothing illustrates that challenge better than the Rs 47 trillion ($559 billion) corporate bond market. It's one of the world's smallest as a percentage of gross domestic product, at just 16 per cent

Indian market's record 11-month stock rally at risk as profits cool

Brokerages predict that companies in the benchmark NSE Nifty 50 Index will either report flat or low single digits profit gains for the quarter ended September

Active investors on NSE surge 44% to nearly 50 mn amid market rally

The surge in active clients is underpinned by the rally in the markets, with the Nifty 50, Nifty Midcap 100, and the Nifty Smallcap 100 indices gaining over 25 per cent each

NSE, Vikram Limaye pay Rs 643 crore to Sebi, settle TAP misuse case

Sebi had issued a show cause to NSE, others in February 2023

India's top bourse is said to have doubled in value amid IPO hopes

While one of the people said NSE is working toward completing documentation for an IPO by early next year, the potential listing could still take longer

SAT dismisses Linde India plea against market regulator Sebi's order

Directs Sebi and NSE to maintain confidentiality on price-sensitive information

Sebi drops charges against NSE, ex-top executives in co-location case

Cites lack of evidence to establish collusion, connivance with OPG Securities

Sebi disposes of case against NSE, its former employees in co-location case

Sebi on Friday dismissed regulatory violation charges against the NSE and its seven former employees, including Chitra Ramkrishna and Ravi Narain, in the matter of the co-location facility, citing the absence of sufficient evidence. "Due to the absence of sufficient material/evidence/objective facts on record in this case, the test of preponderance of probability' fails to produce enough justification for the establishment of collusion/connivance between OPG and its directors with Noticees (NSE and its seven employees)," Seb said in its 83-page order. Apart from NSE, Ramkrishna and Narain, Sebi has dropped charges against Anand Subramanian, Ravindra Apte, Umesh Jain, Mahesh Soparkar and Deviprasad Singh. The case relates to the alleged preferential access given to certain broking firms in the form of 'dark fibre' at the National Stock Exchange (NSE) to connect across the colocation facilities before other members. The dark fibre or unlit fibre, with respect to network connectivity,

Sebi warns investors against fraudulent activities by unregistered entity

The National Stock Exchange (NSE) on Thursday warned investors regarding fraudulent activities perpetrated by an entity, Lazard Asset Management India. The cautionary statement came after the exchange received a complaint against a WhatsApp group named "JO HAMBRO" luring investors with offers to buy shares at discounted prices after market hours. This group has allegedly collected money from retail investors under the garb of "Seat Trading Account". In this group, the entity --Lazzard Asset Management India-- is misrepresenting itself as a registered stock broker with the Securities and Exchange Board of India (Sebi) using a forged registration certificate, the exchange said. "We wish to clarify that no entity by the name of Lazzard Asset Management India is registered with Sebi as a stock broker. The forged Sebi registration certificate circulated in the WhatsApp group is entirely fabricated and illegitimate," NSE said in a statement. Accordingly, the bourse has cautioned ...