Leading stock exchange NSE has tweaked the constituents of its major indices with Adani Group's two companies -- Adani Wilmar and Adani Power -- all set to make their way into some of the Nifty indices from March 31, 2023. Adani Wilmar will be part of Nifty Next 50 and Nifty 100 indices, while Adani Power will be included in Nifty 500, Nifty 200, Nifty Midcap 100, Nifty Midcap 150, Nifty LargeMidcap 250, and Nifty Midsmallcap 400 indices. All the changes in the indices will be effective from March 31 this year, the exchange said in a late night statement on Friday. The Index Maintenance sub-committee of NSE Indices Ltd has decided to make replacement of stocks in various indices as part of its periodic review. However, the National Stock Exchange (NSE) did not make any change to its Nifty 50 index. In Nifty Next 50 index, apart from Adani Wilmar, other companies that will be included are -- ABB India, Canara Bank, Page Industries and Varun Beverages. On the other hand, Bandhan Ba
Indian bourse will be able to list and settle rupee-denominated contracts in these commodities
NSE asks asked brokers to check for suspicious transactions as derivative activity surges
Through circuit filters, stock exchanges limit the daily fluctuations in a stock to stop unduly fall or rise in prices
The National Stock Exchange of India (NSE) has again emerged as the world's largest derivatives exchange in 2022, in terms of the number of contracts traded, according to the Futures Industry Association (FIA). This is the fourth consecutive year when the exchange earned the top spot, the NSE said in a statement on Sunday. In addition, the exchange was ranked third in the equity segment by the number of trades (electronic order book) in 2022, an advancement from the previous year when it was in the fourth position, as per statistics maintained by the World Federation of Exchanges (WFE). The calendar year witnessed the benchmark equity index the Nifty 50 touching lifetime high of 18,887.60. Further, significant strengthening in liquidity was seen in several product categories, including equity, equity derivatives and currency derivatives. In the equity segment, exchange-traded funds (ETFs) daily-average turnover stood at Rs 470 crore in CY 2022, an increase of 51 per cent year-on-y
Whether they make or lose money, traders have to incur transaction costs, including brokerage, exchange fees, turnover fees, and securities transaction tax, etc.
Tribunal prunes penalty on bourse from Rs 1,100 cr to just Rs 100 cr; Sebi told to refund excess amount in six weeks along with interest
Sebi needs capacity to protect investor interests
Tribunal directs NSE to pay Rs 100 crore penalty for failing to follow due diligence. Legal representatives said that findings against NSE have been partially set aside
He is among the early architects of NSE, handling various positions from 1995 to 2014; Till recently, he was Chief Operating Officer-India at Bank of America
The National Stock Exchange (NSE) on Monday asked the investors not to put their money in any assured returns-scheme offered by two individuals. The advisory comes after the exchange found that the two individuals -- Ravi and Nisha -- were offering such schemes. The bourse, in a statement, said the two individuals are not registered either as members or authorised persons with any registered member of the NSE. Cautioning the investors, NSE asked them not to subscribe to any such scheme or product offered by any person offering indicative/assured/guaranteed returns in the stock market as the same is prohibited by law. Further, investors have been advised not to share their trading credentials such as user ID and password with anyone. "Participation in such prohibited schemes is at investors' own risk, cost and consequences as such schemes are neither approved nor endorsed by the exchange," it said.
Buybacks will be undertaken through a separate window on stock exchanges until then
The National Stock Exchange (NSE) on Wednesday asked investors not to subscribe to any scheme with assured returns offered by an individual named Jay Prakash. The advisory comes after the NSE found that the individual was collecting funds from the public and was providing guaranteed returns on investment. He was also offering to handle trading accounts of investors by asking them to share their user ID and password. The bourse pointed out that the person is not registered either as a member or authorized person of any registered member of the NSE. Cautioning the investors, the NSE asked them not to subscribe to any such scheme or product offered by any individual offering assured returns in the stock market as the same is prohibited by law, according to the statement. Further, investors have been asked not to share their trading credentials such as user ID and password with anyone. "Participation in such prohibited schemes is at investors' own risk, cost and consequences as such .
Nifty Bharat Bond Index - April 2033 - has been launched within the Nifty Bharat Bond Index series, a release said on Thursday
The Pune-based vaccine producer's value has increased 20 per cent to Rs 2.2 trillion in the past one year
Currently, 14 SGX Clearing Members have been onboarded for the transition
Having spent nearly two decades at the country's largest bourse, Ramamurthy is among the early architects of NSE and understands all the cogs of the exchange wheel like only a few others
Experts to advise changes to framework around FPI, takeover code and social stock exchanges
Scheme provides a settlement opportunity to entities that have executed trade reversals in stock options from April 2014 to Sept 2015, and against whom adjudication proceedings are pending
The National Stock Exchange is likely to introduce trading of electronic gold receipts on its platform and market regulator Sebi is ironing out some taxation issues related to the product with the government, an official said on Thursday. Referring to the Electronic Gold Receipt (EGR), V S Sundaresan, Executive Director at the Securities and Exchange Board of India (Sebi), said, this product has been introduced by Sebi and BSE has launched it about a month back and "we hope that this product will definitely gain traction over a period of time". "Under this product, what is proposed is that the physical gold is to be deposited in a vault, that vault manager will issue an electronic receipt and this will be credited to the demat account of the investor, that receipt can be traded on the stock exchange," he explained. So the gold will remain in a vault but it will generate some sort of income and the unutilised gold can be put to productive use, Sundaresan added. The Bombay Stock ...