Bse Index
Power Mech Projects Dec quarter net profit rises 54% to Rs 50 crore
Power Mech Projects on Tuesday posted over 54 per cent rise in its consolidated net profit at Rs 50.61 crore in December quarter compared to a year ago. The consolidated net profit of the company was Rs 32.75 crore in the quarter ended on December 31, 2021, showed a BSE filing. Total income also rose to Rs 912.05 crore in the quarter from Rs 649.97 crore in the same period a year ago.
 "Power Mech Projects Dec quarter net profit rises 54% to Rs 50 crore")
Adani group becomes single-largest shareholder in NDTV with 37.4% stake
Conglomerate can now propose reconstitution of board, say proxy advisory firms
 "Adani group becomes single-largest shareholder in NDTV with 37.4% stake")
Markets fall most in 2 weeks on rising yields; Sensex declines 844 points
The Nifty ended the session at 16,983 points, with a fall of 257 points, or 1.5 per cent
 "Markets fall most in 2 weeks on rising yields; Sensex declines 844 points")
BSE joins hand with All India MSME Association to promote listing of MSMEs
Leading stock exchange BSE on Thursday said it has collaborated with the All India MSME Association (AIMA MSME) to encourage and promote the listing of MSMEs and startups. Through this pact, AIMA MSME will assist BSE in evaluating MSMEs and startups for listing on the exchange's SME platform while also sensitising its investor network for investing in listed MSMEs, the exchange said in a statement. Further, the two entities will host joint roadshows and events across the country to raise awareness among micro, small & medium enterprises (MSMEs) for listing on the exchange's SME segment. "We are currently observing a surge of MSMEs and startups in the country and funding is one of the most vital elements. So, it is very important that we make them aware of the benefits of equity funding route and this association is key for us to be able to do so and also attract more investors to invest in the listed MSMEs and startups," Ajay Thakur, Head BSE SME and Startup, said. Avinash Dalal, .
 "BSE joins hand with All India MSME Association to promote listing of MSMEs")
Sensex posts first weekly decline in four weeks as investors turn cautious
The index fell 0.25 per cent during the week, its first weekly fall since May 14.
 "Sensex posts first weekly decline in four weeks as investors turn cautious")
A potentially risky trade-off for markets
Sebi's proposal on concentrated holdings could disrupt the balance between the supervisory and business roles of stock exchanges
 "A potentially risky trade-off for markets")
Rupee falls sharply to the dollar as pandemic resurgence grips Europe
Sheds 24 paise to end at 73.85 on heavy greenback purchases by nationalised banks to meet month-end oil import bills
 "Rupee falls sharply to the dollar as pandemic resurgence grips Europe")
YES Bank floor price at Rs 12/share for FPO; minimum bid lot 1,000 shares
Yes Bank's FPO offer will open on July 15, 2020 and close on July 17, 2020
 "YES Bank floor price at Rs 12/share for FPO; minimum bid lot 1,000 shares")
Q3 results: Bank of Baroda posts net loss of Rs 1,407 cr, shares decline 3%
Shares of the company fell 3.40 per cent to close at Rs 92.35 on the BSE. During the trade, it dropped 3.76 per cent to Rs 92
 "Q3 results: Bank of Baroda posts net loss of Rs 1,407 cr, shares decline 3%")
On hopes of US-Iran de-escalation, Sensex soars 634 points, oil cools off
Standard gold falls over 2.4% to Rs 39,772, biggest drop since Oct 2016
 "On hopes of US-Iran de-escalation, Sensex soars 634 points, oil cools off")
Benchmarks see fourth straight weekly gain
The benchmark indices on both major stock exchanges had their fourth straight weekly gain on Friday, both closing at record highs. On the BSE, the Sensex gained 135.7 points or 0.4 per cent to close at 31,273. On the National Stock Exchange, the Nifty closed at 9,653, up 37.4 points or 0.4 per cent.The broader markets reflected a similar trend, with the BSE mid-cap and small-cap indices going up by 0.7 per cent and 0.5 per cent, respectively. The Sensex gained nearly one per cent during the week and has advanced nearly five per cent in the past month.The rally was led by Hero MotoCorp's stock, up three per cent on the back of strong sales numbers in May. Shares of Cipla and Adani Ports went up by 2.6 and 2.1 per cent, respectively.Market participants say there is strong positive sentiment among investors, due to strong macro economic indicators and stability. There is also ample liquidity, with stable inflow from both domestic and foreign institutions.According to Vinod Nair, head of .
 "Benchmarks see fourth straight weekly gain")
BSE to keep tabs on over 780 companies to check abnormal share price jumps
Surveillance measures to include placing securities in trade to trade category
 "BSE to keep tabs on over 780 companies to check abnormal share price jumps")
BSE index provider errs on ICICI Bank's weight
Asia Index's error last week made Sensex exchange-traded funds rebalance portfolios and incur additional transaction costs
 "BSE index provider errs on ICICI Bank's weight")
