Markets regulator Sebi on Tuesday clarified on the allocation of new ISINs (International Securities Identification Number) by depositories. ISINs, which has 12 characters, is used for uniquely identifying securities like stocks, bonds, warrants and commercial papers. The regulator said that depositories will not assign new ISIN following a change in underlying security and creation of additional security in case of listed debt securities. Also, the new ISIN would not be allocated pursuant to creation of security in case of unsecured debt securities. The regulator clarified that none of these cases would constitute a change in the structure of the non-convertible debt securities, provided there are no other changes to the nature of issue of the non-convertible debt securities like maturity date, coupon rate, face value, redemption schedule, nature of the non-convertible debt securities (secured or unsecured) etc. "Accordingly, depository shall not assign a new ISIN in such cases,"
CLOSING BELL: Sectorally, the Nifty IT index was the most downbeat sector as it dipped 0.5 per cent as Accenture's Q1FY23 results rang alarm bells for Indian IT companies
With complete offer for sale (OFS), shares of this financial services platform are priced in the range of Rs 347-366 apiece
Built on 23,500 sq ft, the unit will have a production capacity of 150,000 units in its first year; it is designed to raise that to 300,000 units in the second year
CLOSING BELL: Among sectors, the Nifty PSU Bank index sunk the most, down nearly 3 per cent. This was followd by losses in the Nifty Realty, Pharma, and Media indices, down over 1 per cent each
Credit Suisse expects domestic earnings to grow 15 per cent over the next one year and market returns could be in line with that
The 30-pack index had dropped over 900 points intra-day to hit a low of 61,715.61, while the 50-pack index hit a low of 18,388
CLOSING BELL: The 30-pack index had dropped over 900 points intra-day to hit a low of 61,715.61, while the 50-pack index hit a low of 18,388
Stocks to watch today: M&M will invest Rs 10,000 crore to set up an electric vehicle (EV) manufacturing facility in Pune; Bharti Airtel launched 5G Plus services at no-extra cost in Lucknow
CLOSING BELL: The broader markets, on the other hand, outperformed the benchmark indices as the BSE MidCap and SmallCap indices advanced 0.59 per cent and 0.68 per cent, respectively
Stocks to watch today: Private equity majors Carlyle Group and Advent picked 9.99 per cent stake in YES Bank; Paytm approved buyback of shares worth Rs 850 crore
Only five counters closed in the red -Tata Steel, Nestle India, Maruti Suzuki, Titan and HUL, slipping up to 0.54 per cent
AUM growth down 63% on account of lower investor addition, market slowdown
CLOSING BELL: IndusInd Bank, Bajaj Finance, M&M, Tech M, HCL Tech, Infosys, TCS, Ultratech Cement, and Bajaj Finserv were the top gainers on the 30-pack index
CLOSING BELL: The benchmark indices sought support from financial and metal stocks with their respective indices climbing 0.2 per cent & 0.4 per cent. On the downside, the IT index fell 0.4 per cent.
After a stellar run last year, the IPO market seemed to have lost some momentum this year. Here are the IPOs that doubled your money or made holes in your pocket
51 companies have announced Rs 37,519-crore buybacks so far
Here's how leading brokerages and research houses expect 2023 to play out for the equity markets, and their sector preferences
Foreign investor must be is a resident of the country whose market regulator is a signatory to either IOSCO multilateral MoU or has signed bilateral MoU with Sebi
Development follows shelving of IPO plans by several notable firms such as Image Marketing (owner of wearable brand Boat), Droom Technology and PharmEasy