New BSE chief bats for competition, at least a duopoly in equity market space
India's Housing Development Finance Corp (HDFC) will return to bond market after a gap of two months, three merchant bankers said on Friday
Equity benchmarks extended their rally for the second straight session on Wednesday amid buying in index heavyweights HDFC twins and fresh foreign funds inflows.
Market players said the selling could be because of fears around further sell-downs by existing investors
The 30-share BSE Sensex rallied 562.75 points or 0.94 per cent to settle at 60,655.72
Currently, the Nifty's 20-DEMA is around 18,080. If the index manages to surpass this key hurdle, it may see further upward movement, observe analysts
Companies had been non-compliant with listing requirements
Leading stock exchange BSE on Friday said it has joined hands with the government of Goa for the development of SMEs (Small Medium Enterprises) in the state. With the association of Goa government, the exchange will look at creating awareness amongst SMEs in the state on the benefits of listing on the exchange. BSE will also guide them on the efficient ways of raising capital through equity infusion. In this regard, BSE has signed a Memorandum of Understanding (MoU) with the government of Goa, the exchange said in a statement. Besides, the exchange will also provide training and capacity-building support to District Industries Centre officials and facilitates SMEs with respect to registration/listing on the platform. "This association with the government of Goa will play a significant role in opening a plethora of opportunities for small-medium enterprises," Sundararaman Ramamurthy, Managing Director and Chief Executive Officer of BSE, said. BSE is the largest SME Exchange in Indi
Sundararaman Ramamurthy has assumed charge as Managing Director and Chief Executive Officer of leading stock exchange BSE. In a regulatory filing last year, BSE said that markets regulator Sebi has approved the appointment of Ramamurthy as its Managing Director & Chief Executive Officer. "Sundararaman Ramamurthy has assumed charge as Managing Director and Chief Executive Officer of BSE," the exchange said in a release on Wednesday. The appointment is subject to acceptance of the offer made to Ramamurthy and fulfillment of terms and conditions, it added. The appointment comes after BSE's erstwhile MD & CEO Ashishkumar Chauhan resigned from the bourse in July 2022 and moved to NSE. Ramamurthy has previously served as the senior member of the National Stock Exchange (NSE) since its inception. However, after serving this role, he took up the position of MD and Chief Operating Officer at the Indian arm of Bank of America. He has also worked at the Industrial Development Bank of ...
After closing three weeks with losses, the benchmark indices ended the last week of 2022 with gains
The Sensex declined 3.5 per cent in December - its worst last-month returns since 2011
Outperform most global peers even as returns moderate to just over 4% in 2022
He is among the early architects of NSE, handling various positions from 1995 to 2014; Till recently, he was Chief Operating Officer-India at Bank of America
The Nifty reclaimed the 18,000 mark and ended the session at 18,014, a gain of 208 points or 1.1 per cent
Leading stock exchange BSE on Tuesday said it has added 1 crore registered investor accounts to its platform in a span of 148 days, taking the total count to 12 crore. The exchange added one crore investors' accounts between July 18 and December 13, BSE said in a statement. In comparison, the exchange took 124, 91, 85 and 107 days for the previous milestones of 11 crore, 10 crore, 9 crore and 8 crore, respectively. "BSE crossed the milestone of 12 crore registered users based on Unique Client Code (UCC) on December 13, 2022," the exchange said. Of the 12 crore users, 42 per cent fall in the 30 to 40 age brackets, followed by 23 per cent in 20-30 years and 11 per cent in the 40-50 age bracket. In terms of states, Maharashtra leads in terms of investors with a share of 20 per cent of the total 12 crore investors. This was followed by Gujarat at 10 per cent, Uttar Pradesh at 9 per cent and Rajasthan and Tamil Nadu at 6 per cent each. The exchange did not specify how many of these ..
While India has been a standout market this year, with the NSE Nifty 50 Index up above 7%, compared to an 18% slump in global stocks, it remains the most expensive in Asia
New plant expected to boost company's revenues, margins
As foreign investors pumped money in stocks in India over the last week, Indian benchmark Indices, the BSE Sensex and NSE Nifty, reached new highs, despite economic chaos at the global level
The ADTV for the futures and options segment (both NSE and BSE combined) stood at Rs 147.5 trillion - a gain of 2 per cent MoM
After a sustained run, the benchmark Nifty is likely to move sideways and action could shift to the broader market