Despite some progress, women still underrepresented in certain sectors
Analysts have already begun scaling back BSE's earnings growth estimates, stating that NSE's move could help it reclaim its market share
White Oak Capital Partners has launched a mutual fund scheme - TCW White Oak Emerging Markets Equity Fund - in the US along with global asset manager TCW
Over the last two sessions, the Sensex gained 1.85 per cent and the Nifty rose by 2.1 per cent
IIFL Facilities Services on Thursday bought additional shares of Avanti Feeds for Rs 470 crore through an open market transaction. IIFL Facilities Services is an arm of IIFL Capital Services and a part of IIFL Group. According to the block deal data available on the National Stock Exchange (NSE), IIFL Facilities Services purchased 59.77 lakh shares or 4.4 per cent stake in Avanti Feeds. The shares were acquired at an average price of Rs 786 apiece, taking the transaction value to Rs 469.82 crore. Thailand-based Thai Union Group offloaded a similar number of shares at the same price, as per the NSE data. Shares of Avanti Feeds went up 0.36 per cent to close at Rs 788.95 apiece on the NSE. On Tuesday, IIFL Facilities Services picked up a 4.4 per cent stake in Hyderabad-based Avanti Feeds for Rs 435 crore. Thai Union Group is a producer of seafood based products. In a separate block deal on the BSE, Fidelity International acquired an additional 1.64 per cent stake in Campus Active
The derivative contracts of Bank Nifty, Midcap Nifty, and other indices and stocks are also being moved to last Monday of the respective month
The announcement marks the first additions of digital era stocks to the country's most widely tracked equity gauge. Zomato was included in the BSE Sensex late last year
The NSE has accused ICCL of "overcharging," even as the latter has raised a demand of approximately ₹100 crore from the exchange
Mukesh Ambani's Reliance Industries is the most valuable company for the fourth consecutive year
The IPO-bound NSE's valuation jumped 201 per cent in 2024 to Rs 4.7 lakh crore, a report said on Tuesday. The largest India equity bourse, which is reported to have restarted its listing process by applying for a no-objection from markets regulator Sebi, is already the 10th-most valuable private company in the country, as per the 2024 Burgundy Private Hurun India 500 list of listed as well as unlisted companies. The valuation was pegged at Rs 3.12 lakh crore, as per a September 2024 report. Another media report said the company, which also runs the world's largest derivatives exchange, aims to sell 10 per cent of holding in the IPO. The overall revenues jumped 28 per cent to Rs 16,352 crore in FY24, and the post-tax profit surged 51 per cent to Rs 8,306 crore. The stock bourse had moved on the listing plans after getting some clarity on allegations of not allowing equitable access to its members. Hurun said it has travelled across the country and spoken with industry experts, ...
NSE, Bharti Airtel storm into top 10 for the first time in Axis Bank's Burgundy Private and Hurun India list; Motilal Oswal Financial Services was the fastest-growing company, the report suggests.
India's market capitalization had surpassed ₹400 trillion for the first time on April 10 and peaked at ₹477.93 trillion on September 29
BSE cites higher clearing and settlement charges as one of the factors weighing down its net profit
NSE Clearing Ltd, the clearing house of the National Stock Exchange (NSE), has failed to meet the capital markets regulator Sebi's mandated liquidity requirements, citing the non-payment of dues by rival BSE as the primary reason for the shortfall. In its December 2024 quarterly results, NSE Clearing, the exchange's unit responsible for clearing and settling its trades, reported a shortfall of Rs 176.65 crore in its minimum liquid assets. The company informed Sebi in a letter dated January 9 that this deficit was primarily due to the non-receipt of Rs 312.37 crore in dues from BSE. An NSE Clearing spokesperson said its auditors flagged the outstanding payment issue in their third-quarter financial review. The outstanding amount pertains to "interoperability arrangements", the official said. "The company is yet to receive outstanding dues of over Rs 300 crore from BSE Ltd. NSE Clearing is communicating with BSE on this matter," the spokesperson added. The Securities and Exchange B
December marked the first calendar month since the introduction of new rules, including one weekly expiry per exchange and higher extreme loss margins
The sale is valued at Rs 230 crore, with an additional earn-out of Rs 75 crore linked to FY25 performance
NSE's chief executive and managing director Ashish Chauhan on Saturday welcomed tax proposals in the Union budget, saying it will help increase flows into the markets. The proposal of nil tax on incomes up to Rs 12.75 lakh per annum for salaried professionals will also help consumption, the chief of the country's largest stock bourse said. "The much-expected tax relief is given to the taxpayer up to Rs 12.75 lakh per annum for a salaried person does not have to pay even a rupee as tax. I think that is a very welcome move, which will help consumption and also investment increase into markets," Chauhan told PTI. He added that as consumption increases, the profitability of companies will also increase. The NSE chief also welcomed the fiscal management proposals presented by Finance Minister Nirmala Sitharaman in the budget. He said the budget aims to give a fillip to growth by committing higher investments with a 10 per cent growth in the capital expenditure. The proposals for refor
Stock markets in India are typically closed on weekends. Will this Saturday, Budget Day, be an exception? Read on to find out
The longest losing streak was from September 1994 to April 1995, during which it fell by 31 per cent over eight consecutive months