NSE says 17% of Indian household now invest directly in stocks
Leading stock exchange NSE on Thursday said the number of new investor registrations reached 1 crore mark on its platform in the last eight months, taking the total to over 8 crore. These new investor registrations are not restricted to top-tier cities and cities beyond top 100 accounted for 45 per cent of new investor registrations, the National Stock Exchange (NSE) said in a statement. "The eight crore unique PAN investors correspond approximately to around 5 crore unique households in India amounting to around 17 per cent households directly investing in the Indian stock market via the NSE's extensive nationwide network of trading members," it said. Total number of unique client code accounts registered with the exchange was at 14.9 crore -- clients could register with more than one trading member and included all registrations done to date. In terms of regions, states from northern part of India accounted for 43 per cent towards the last 1 crore new investor registrations, ...
Closing Bell on September 28, 2023: Tech M, which sank 4 per cent, was the top laggard on the benchmarks after Morgan Stanley downgraded the stock to 'underweight'
SignatureGlobal (SGL) made an impressive stock market debut, with shares soaring nearly 20 per cent to close at Rs 458, up Rs 73 or 19 per cent over its issue price of Rs 385
The stock hit a low of Rs 1,141 and a high of Rs 1,213 on the BSE. Shares worth nearly Rs 1,900 crore got traded on NSE and BSE of the company
Incorporated in 1992, Generic Pharmasec Limited started as a manufacturer and trader of organic and inorganic chemicals, dyes, and pigments
On Tuesday, the NSE Midcap 100 and Nifty Smallcap 100 logged their biggest declines since December
We don't categorise markets in terms of developed versus emerging as much as we analyse individual markets with their unique attributes, said Matthews
To address technical glitches or outages, the National Stock Exchange will introduce an Investor Risk Reduction Access (IRRA) platform for trading members. In December last year, Sebi asked stock exchanges and clearing corporations to put in place a platform to help investors in case there is a disruption of services caused by systems belonging to trading members. The regulator asked them to make the platform operational by October 1. The IRRA platform will be available to trading members supporting internet-based trading (IBT) and Security Trading through Wireless Technology (STWT) for their investors. However, it will not be accessible for algo trading and institutional clients. The IRRA will be accessible to trading members across exchanges starting from October 3, 2023, according to an NSE circular. "To ensure seamless business continuity, trading members (TMs) are advised to maintain an updated disaster recovery (DR) site. "However, if both the primary and disaster recovery s
Low competition has led to rise in profits as markets surge
The National Stock Exchange (NSE) on Friday announced that it will launch options linked to NYMEX WTI Crude Oil and Natural Gas futures contracts in its commodity derivatives segment. This came after the exchange received approval from the markets regulator Securities and Exchange Board of India (Sebi) to launch these contracts. The addition of options on futures contracts will further boost NSE's product offering in the overall commodity segment. These contracts are designed to provide the market participants with a more efficient way to manage their commodity risk, the exchange said in a release. "It gives us immense pleasure to inform the market participants that NSE is planning to launch Options on NYMEX WTI Crude Oil and Natural Gas futures contracts in October 2023. "We would like to thank all the market participants for showing their trust & confidence in the NSE WTI Crude Oil and Natural Gas Futures contracts, and we are confident that the same will continue with the ...
Timeline to comply with Sebi regulations ends on October 2
Investors dig deep into a mine of opportunity
CHOP & CHANGE: Potential Rs 2,100 crore one-way churn on stock performance of 10 companies
FPI shareholding rises by 7 bps on the back of Rs 1 trillion investment during June 2023 quarter
At the present moment, the regular trade timing session on NSE and BSE operates from 9:15 am to 3:30 pm for stocks
The bourse's revenue from operations stood at Rs 2,987 crore, up 13 per cent YoY
Gift Nifty, which was being traded at the Singapore Exchange (SGX), has been transitioned to GIFT City in Gujarat
Includes uploading of multiple files with same data, undisclosed granular numbers, and not reporting client data
The erstwhile SGX Nifty contracts, which were being traded at the Singapore Exchange (SGX), have been transitioned to India's maiden International Financial Services Centre-GIFT City