Nse Indices

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

Brokerages snip Nifty EPS growth estimates after disappointing Q2

Further revisions for FY25, FY26 likely if Q2 show continues to disappoint

On the shoulders of giants: India's wobble, US will, China's reawakening

India faces fork in the road as outflows overshadow growth

Bombay HC tells social media cos to take action against deepfakes of NSE MD

The Bombay High Court has directed social media intermediaries to take prompt action against alleged deepfake videos of NSE's managing director and chief executive officer giving stock recommendations. A single bench of Justice R I Chagla in the order of July 16 also directed social media platforms like Facebook, WhatsApp, Instagram and Telegram to remove or delete all accounts infringing upon the trademark of NSE (National Stock Exchange of India Limited). The balance of convenience also lies in favour of the Plaintiff (NSE) and irreparable loss and/or harm will be caused to the Plaintiff, unless the ad-interim (temporary) relief sought for is granted, the HC said. The bench directed the social media platforms to remove or delete the content within ten hours upon receiving a complaint against such morphed videos and profiles where the plaintiff's trademark is infringed. The court said social media firms are mandated by the Information Technology Rules to take prompt action on the

Budget may give more importance to populist measures: Nischal Maheshwari

Valuations are reasonable and the outlook is improving in IT, BFSI and FMCG. Defence, engineering and power are clearly overpriced and some profits can be taken, Nischal Maheshwari of Centrum said

Nifty Microcap 250 surges 29% in 2024, outruns mid, smallcap indices

The rally in microcap stocks, according to Devarsh Vakil, Deputy Head of Retail Research, HDFC Securities, has been on the back of growth in earnings in a lot of these companies

Rail stocks rally: RVNL, IRFC, TexRail surge up to 15% on July 08; check why

The GoI is focusing on improving the railway infra and ensures faster development and completion of tracks, rail electrification, rolling stock manufacturing and delivery of passenger freight services

Can the June 2024 quarter corporate earnings disappoint markets?

Disconnect between earnings growth and stock prices, Bernstein said, is even more visible in the small-and mid-cap (SMID) universe

DEE Development IPO subscription status, Day 2: Issue subscribed 4.4x

Non Institutional Investors oversubscribed the issue 9.38 times, while the Retail Individual Investors(RIIs) subscribed the issue 4.79 times

Durlax Top to raise Rs 40 cr via IPO, fixes price at Rs 65-68 per share

Solid surface manufacturer Durlax Top Surface plans to raise around Rs 40.80 crore through its initial public offer which will open for subscription on June 19, a statement said on Monday. The company, which has been involved in the business of solid surface for over a decade, has received approval to launch its public issue on the NSE Emerge Platform of the National Stock Exchange, Durlax Top Surface said in the statement. The company has fixed the price band at Rs 65-68 per share for the issue of 60 lakh shares which will open for subscription from June 19 to June 21, it added. The IPO comprises a fresh issue of 42 lakh shares worth up to Rs 28.56 crore and an Offer for Sale of 18 lakh shares worth up to Rs 12.24 crore. Out of the fresh issue of Rs 28.56 crore, the company plans to utilise Rs 17.50 crore to part finance working capital requirements and Rs 6 crore towards general corporate purposes. Investors can bid for a minimum of 2,000 shares and in multiples thereof. Promot

NSE launches India's first EV index: Check details on firms, ranking

Nifty EV & New Age Automotive index will track the performance of companies that are part of the EV ecosystem

Why did investors dump Marksans Pharma shares post Q4 results? Know here

Marksans Pharma's net profit fell 4.5 per cent on a year-on-year (Y-o-Y) basis to Rs 78.3 crore in the March quarter of FY24, from Rs 82 crore in the March quarter of FY23

Plea in Delhi HC to expedite NSE IPO; court seeks reply from Sebi, NSE

The court seeks reply from Sebi, NSE on the plea

NSE investors may face further delays for its initial public offering

According to industry players, one of the key requirements for approving NSE's IPO is for it to remain free from any tech-glitch for a year

Stock Market Highlights: Sensex ends 456 points lower after a choppy session

Stock Market Highlights on Tuesday, April 16: Exide Industries, Titagarh Wagons, GE Shipping, Cochin Shipyard, Radico Khaitan and GSPL were among the top smallcap gainers

NSE issues caution against fake videos of CEO Chauhan recommending stocks

The exchange reiterated that its employees are not authorised to recommend any stock or deal in those stocks

Reliance Securities receives Sebi's approval for change in control

Reliance Securities has also received approvals from the NSE, BSE, MCX, and NCDEX for transferring shares owned by existing promoter Reliance Capital to Hinduja-led Aasia Enterprises

Julius Baer India gets over Rs 300 cr; Juniper Hotels IPO opens Feb 21

Juniper Hotels, which runs hotels under the Hyatt brand, on Thursday fixed the price band of Rs 342-360 per share for its Rs 1,800 crore initial public offering (IPO)

What the new Nifty50 Total Return Index is all about

The new Nifty 50 Net Total Return index aims to measure how Nifty 50 performs by taking into account reinvested cash dividends and gains from bonuses issued

Direct investing bhi sahi hai: NSE CEO Chauhan's pitch for more retail play

NSE's chief executive and managing director Ashishkumar Chauhan on Thursday said retail investor participation is increasing in the markets, and the group has become a formidable force. Borrowing from a popular campaign run by the mutual fund industry, Chauhan said, "direct investing bhi sahi hai" (direct investing in equities is also correct). The NSE chief was, however, quick to add a caveat. Chauhan said he invests his personal wealth only in mutual funds and not in direct equity participation. Amid heightened concerns over retail investors' play in the more riskier futures and options segment, Chauhan presented a data, saying only 0.3 per cent of the overall traded premiums in the market in October were bets under Rs 1 lakh. He said there is a need to look at data before forming opinions, and not to be driven by beliefs. Retail investors now possess a wealth of Rs 60 lakh crore, which is about a fifth of the overall wealth of all the investors in the market, he said. This gro