Global factors may drive markets in the new Samvat
Infosys, TCS, HCL Technologies and Tech Mahindra were the biggest drag on the market performance
BSE's market share in the cash segment stood at 6.92 per cent
On Tuesday, the NSE Midcap 100 and Nifty Smallcap 100 logged their biggest declines since December
Thus far in calendar year 2023 (CY23), the S&P BSE Sensex and the Nifty 50 have seen a good run with both the indices surging nearly 10 per cent during this period
Closing Bell on September 1, 2023: In the broader markets, the BSE MidCap and SmallCap indices added 0.75 per cent each
Leading bourse NSE's exchange-traded currency derivatives, which completes 15 years on Tuesday, witnessed close to 2,000 crore contracts worth Rs 609 lakh crore transactions during its journey. The National Stock Exchange of India (NSE) introduced the Exchange Traded Currency Derivatives segment on August 29, 2008, with the launch of Futures on currency spot rate US Dollar - Indian Rupee. The first day of trading witnessed trading of 65,798 contracts worth Rs 291 crore with participation from more than 150 trading members, including banks. "In the 15 years journey, close to 20 billion contracts worth Rs 609 trillion have transacted on the exchange," the bourse said in a statement on Monday. In the last 10 years, the number of contracts traded has increased by 7 times from daily average contracts traded to 1.92 crore in the financial year 2022-23 (FY23) from 27 lakh in FY14. During the same period, turnover has risen by 3.4 times from a daily average turnover of Rs 41,400 crore in F
The Securities Appellate Tribunal (SAT) has set aside a markets regulator Sebi's order directing the National Stock Exchange (NSE) to disgorge Rs 62.6 crore, along with interest, in the dark-fibre case. However, all other orders passed against NSE, comprising a periodic review of its co-location facility, putting in place comprehensive guidelines, Standard Operating Procedures and protocols with respect to its co-location facility were found appropriate and were upheld, according to an SAT order. In addition, the appellate tribunal has quashed Sebi's direction barring NSE's former MD and CEO Chitra Ramkrishna from holding any managerial positions in a market intermediary for three years and three other former officials --Ravi Varanasi, Nagendra Kumar and Devi Prasad Singh -- for a period of two years. The case relates to the alleged differential access given to certain broking firms in the form of 'dark fibre' at NSE, to connect across the co-location facilities before other ...
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 exchange earns from trading and other revenue lines, including fees from listing, index services, data services and colocation facilities
The broader NSE Nifty fell 57.80 points or 0.32 per cent to end at 18,089.85.
Move to prevent Reliance's exclusion from Nifty50 index
While exchanges will continue to conduct call auctions separately, Sebi has mandated a series of measures to ensure equilibrium prices at both the exchanges are close to each other
Weights of securities to be based in their free-float market cap, exposure to a particular REIT or InvIT not to exceed 33%; aggregate weight of top-three securities capped at 72%
Lukewarm response from corporate houses forces bourse to put NSE Prime on back burner
Equity benchmark Sensex declined nearly 540 points on Thursday, pressured by heavy selling in index heavyweights Reliance Industries, Bajaj Finserv and ICICI Bank amid a sluggish trend in the global markets. Besides, a weak rupee against major currencies overseas further weighed on sentiment, traders said. Snapping its three-day gaining streak, the 30-share BSE Sensex opened strong but came under severe selling pressure to close 541.81 points or 0.90 per cent lower at 59,806.28. Similarly, the broader NSE Nifty declined 164.80 points or 0.93 per cent to 17,589.60. M&M was the top loser in the Sensex pack, skidding 3.31 per cent, followed by Reliance Industries, Bajaj Finserv, ICICI Bank, Maruti, Tata Motors and Tech Mahindra. On the other hand, Tata Steel, L&T, Axis Bank, Bharti Airtel and HDFC Bank were among the gainers. Sector-wise, BSE Auto and Consumer Durable witnessed intense selling during the session. In the broader markets, the BSE midcap fell 0.55 per cent and the ..
NSE Indices Ltd, an NSE arm, on Friday said it has launched the country's first ever municipal bond index. The new Nifty India Municipal Bond Index will track the performance of municipal bonds issued by Indian municipal corporations across maturities and having investment grade credit rating, NSE Indices said in a statement. The index was launched at a Securities and Exchange Board of India (Sebi) workshop on Municipal Debt Securities in Bengaluru. Presently, the index has 28 municipal bonds issued by 10 issuers all having credit rating in the AA category. The index constituents are assigned weights based on their outstanding amount. The Indian municipal bond market has seen a resurgence of issuances after Sebi's Issue and Listing of Municipal Debt Securities Regulations, 2015 came into effect and a renewed emphasis on municipal finance by policymakers. Raising money from capital markets incentivises municipal corporations to fund new projects and improve civic infrastructure whi
According to the technical analyst, in the past four days, the Nifty Energy index appears to be encountering resistance at 22,650, and a violation of this level could signal the start of accumulation
Nifty Bharat Bond Index - April 2033 - has been launched within the Nifty Bharat Bond Index series, a release said on Thursday
NSE Indices Ltd, a subsidiary of National Stock Exchange, is planning to change the methodology of merger and demerger of index constituents for equity indices to avoid big churnings, which happens in the current system. This comes ahead of the proposed merger of HDFC with HDFC Bank. The proposal, if considered, is expected to avoid sharp movement in stock prices of firms that are in the process of merger or demerger. In its consultation paper, NSE Indices has suggested to make ex-date an important factor for replacing an index constituent. It has sought comments from market participants on the proposed revision in the treatment of merger and demerger of index constituents for equity indices till November 2. With regards to the treatment of a merger, NSE Indices has proposed that the transferor company will be excluded from the index on the ex-date (T Day) of the merger -- the closing of the T-1 day merged entity. Equity shares, investible weight factor and capping factor of the