Page 9 - Bse

HSBC Bank Mauritius sells 7% shares of V-Mart Retail for Rs 392 cr

HSBC Bank Mauritius on Monday offloaded 13.91 lakh shares of retail company V-Mart Retail for Rs 392 crore through an open market transaction. According to the bulk deal data available with the BSE, HSBC Bank Mauritius Limited AC Jwalamukhi Investment Holdings sold 13,91,826 shares, amounting to 7.04 per cent stake in the company. The shares were disposed off at an average price of Rs 2,816.29 apiece, taking the transaction value to Rs 391.97 crore. Meanwhile, Plutus Wealth Management LLP picked up 11,45,000 shares of the company. As of June quarter, HSBC Bank Mauritius Limited AC Jwalamukhi Investment Holdings owned 7.04 per cent stake in the company, shareholding pattern showed with the bourse. On Monday, shares of V-Mart Retail settled 3.49 per cent lower at Rs 2,892.75 apiece on the BSE.

Reliance Power, subsidiary to raise up to Rs 1,200 cr from Varde Partners

Debt will be used for settlement and discharge, acquisition and restructuring of financial instruments, says company

BSE, NSE take measures to standardise disclosures by listed entities

Leading stock exchanges BSE and NSE on Monday announced that they have taken measures for standardising the disclosures made by listed companies pertaining to the critical information for investors. Listed firms are required to submit periodical compliance filings to stock exchanges within the prescribed timelines. Under the measures, stock exchanges have implemented new XBRL-based compliance filing mechanism featuring identical and homogenous compliance data structures. The move will not only ease the compliance burden on listed entities but would also enable analytics on the data submitted by them, BSE and NSE said in a joint statement. XBRL-based filings for equity, debt, Real Estate Infrastructure Trust (REIT), Infrastructure Investment Trust (InvIT) have been released by both the exchanges to facilitate the input of the critical clauses of Sebi's LODR (Listing Obligations and Disclosure Requirements) Regulations. "We believe that these steps shall enhance the transparency an

Dalal Street defies global mood; Sensex soars 443 pts, Nifty top 17,650

CLOSING BELL: ITC, Sun Pharma, RIL, Tata Steel, NTPC, HCL Tech, L&T, and ICICI bank were the top Sensex gainers, while Hindalco, JSW Steel, Grasim, and Cipla were additional top gainers on the Nifty50

Three of top-10 firms lose Rs 1.22 trn in mcap; RIL biggest laggard

The combined market valuation of three of the 10 most valued domestic firms fell by Rs 1,22,852.25 crore last week, with Reliance Industries emerging as the biggest laggard. IT majors Tata Consultancy Services (TCS) and Infosys were the other two bluechips which faced erosion from their valuation. In contrast, HDFC Bank, Hindustan Unilever, ICICI Bank, State Bank of India, HDFC, Bajaj Finance and Adani Transmission were the gainers. Their combined gain was Rs 62,221.63 crore. During the holiday-shortened week, the BSE benchmark Sensex dipped 30.54 points or 0.05 per cent. The market valuation of Reliance Industries fell by Rs 60,176.75 crore to reach Rs 17,11,468.58 crore. The market capitalisation (mcap) of TCS declined by Rs 33,663.28 crore to Rs 11,45,155.01 crore and that of Infosys dipped by Rs 29,012.22 crore to Rs 6,11,339.35 crore. From the gainers pack, HDFC Bank added Rs 12,653.69 crore, taking its valuation to Rs 8,26,605.74 crore. The valuation of Adani Transmission,

Adani Enterprises' inclusion in Nifty50 index divides D-Street

Index inclusion comes after the 'best has played out for the stock' is an overarching concern

India keen to settle sovereign bonds domestically to help with CAD

JPMorgan, this week, has sought views from the investors on whether it should include India's sovereign bonds in its GBI-EM Global Diversified Bond Index or not

Adani Group companies contributed 79 per cent in total m-cap gain in 2022

While the m-cap of all the listed companies on the BSE has risen by Rs 12.74 trillion, seven listed companies of the Adani Group account for Rs 10.05 trillion of this, the report added

Dish TV stock jumps 20% as chairman Jawahar Goel announces exit

The stock touched an intra-day high of Rs 14.46 apiece on the BSE, closing trade at Rs 14.24 a share, up 19 per cent over the previous day's close

Amid global selloff, markets see intraday wild swings, Sensex down1,015 pts

The benchmark Sensex opened gap-down 827 points (down 1.4 per cent), then went on to fall -1,015 points, or 1.7 per cent over its previous day's close

Share markets closed: BSE, NSE shut today on occasion of Ganesh Chaturthi

The share markets, including NSE and BSE, are closed today, August 31, on the occasion of Ganesh Chaturthi

Mcap of seven of top-10 valued firms tumbles over Rs 1.54 trilion

Seven of the top-10 valued firms suffered a combined erosion of Rs 1,54,477.38 crore in market valuation last week, with IT majors Tata Consultancy Services and Infosys emerging as the biggest laggards. Last week, the BSE benchmark index tanked 812.28 points or 1.36 per cent. Reliance Industries Limited, ICICI Bank and State Bank of India were the only gainers in the top-10 pack. The market valuation of Tata Consultancy Services (TCS) plunged Rs 59,862.08 crore to Rs 11,78,818.29 crore. The valuation of Infosys tanked Rs 31,789.31 crore to Rs 6,40,351.57 crore. HDFC Bank's valuation declined by Rs 16,090.67 crore to Rs 8,13,952.05 crore and that of Hindustan Unilever fell by Rs 14,814.18 crore to Rs 6,04,079.91 crore. The market capitalisation (mcap) of Bajaj Finance declined by Rs 14,430.4 crore to Rs 4,27,605.59 crore and HDFC by Rs 13,031.62 crore to Rs 4,34,644.36 crore. The valuation of Life Insurance Corporation (LIC) dipped Rs 4,459.12 crore to Rs 4,29,309.22 crore. On t

Global market trends, macro data to guide domestic stocks in this week

Trading in the domestic stock market would be influenced by trends in the global equities, macroeconomic data and foreign fund movement in a holiday-shortened week, analysts said. Markets may face volatile trends on Monday after Federal Reserve Chair Jerome Powell's speech at the Fed's annual economic symposium in Jackson Hole on Friday. "Powell sounded ultra hawkish in his brief speech at Jackson Hole. Markets will be concerned about the tight monetary conditions persisting longer than expected. The near-term impact on equity markets will be negative," V K Vijayakumar, Chief Investment Strategist at Geojit Financial Services, said. Federal Reserve Chair Jerome Powell delivered a stark message on Friday: The Fed will likely impose more large interest rate hikes in the coming months and is resolutely focused on taming the highest inflation in four decades. "US Fed statement post the Jackson Hole symposium indicated the central bank's strong commitment towards controlling inflation o

On volatile day, indices manage small gains amid weakness in global bourses

The 30-share BSE Sensex climbed 54.13 points or 0.09 per cent to settle at 59,085.43. During the day, it hit a high of 59,170.87 and a low of 58,760.09

Promoters trimmed pledges in Q1 as markets down 10%, holdings down 1.5%

Share pledging by promoters declined during the April-June quarter (first quarter, or Q1) of 2022-23 (FY23) as markets fell close to 10 per cent

Tata Group's Trent Ltd enters list of 100 most valued companies in India

In the past 5 trading sessions alone, the share price of Trent Ltd has jumped 11 per cent. On NSE, Trent rose 4.63 per cent to close at Rs 1,475.30, on Wednesday

Sensex rises 379 pts, Nifty closes above 17,800; M&M gains 2.28%

The 30-share BSE benchmark index advanced 379.43 points or 0.64 per cent to settle at 59,842.21, logging its third straight day of gains

Shares of cos having Rakesh Jhunjhunwala's investments settle on mixed note

Among the firms in his portfolio, Aptech shares dipped 0.04 per cent to settle at Rs 232.65 on BSE after falling 5.92 per cent to Rs 218.95 during the day.

India @75: Memorable moments in markets

As the country celebrates its Platinum Independence anniversary, here's a throwback on the many events that that recalls the key moments that shaped Indian markets and brought it to where it is today

India @75: Memorable moments in markets

As the country celebrates its Platinum Independence anniversary, here's a throwback on the many events that that recalls the key moments that shaped Indian markets and brought it to where it is today