Page 12 - National Stock Exchange

government bonds launches interest rate options on 10-year government bonds

As per the statement, interest rate options are based on the underlying government 10-year bonds -- the 7.26% 2029 bond and the 6.45% 2029 bond

National Stock Exchange appoints Girish Chandra Chaturvedi its chairman

The position was vacant since Ashok Chawla resigned as the chairman of the NSE in January

NSE launches Nifty Bharat Bond Index series to track 'AAA' rated bonds

Sources said NHAI, NHPC, NTPC, REC, PFC and Nuclear Power Corporation of India Ltd would be in the index.

ICICI Bank business approach gets Street thumbs-up; stock at all-time high

Digital capabilities are expected to improve growth at a lower cost following the bank's focus on 'One Bank One RoE'

SAT asks NSE to take a decision on Karvy's licence suspension by Friday

This comes after Karvy moved to SAT against the NSE's directive which suspended the broker's licence on Monday due to non-compliance of regulatory provisions of the exchange

GMR Infra to Dish TV: NSE identifies eight firms for surveillance action

Leading stock exchange NSE has shortlisted eight companies, including Future Enterprises and GMR Infrastructure, that have higher levels of pledged shares by promoters, for surveillance action. The exchange would levy minimum margin of 35 per cent on the respective shares, including on stocks in derivatives segment. Jindal Steel & Power, Dish TV India, Gayatri Projects, Max India, Sadbhav Infrastructure Project and Sequent Scientific are the other six companies identified for surveillance action, according to a circular. "The applicable rate of margin in equity and equity derivatives segment shall be 35 per cent or existing margin, whichever is higher with effect from December 5 on all open positions as on December 4 and new positions created from December 5," the bourse said. It also noted that shortlisting of securities under this surveillance measure is purely on account of market surveillance and it should not be construed as an adverse action against the concerned company. In

Karvy fiasco: NSDL's decision to transfer securities puts lenders in a spot

NSDL has transferred securities, against which loans were given, to clients

Sebi denies Karvy's plea to use PoA, cites illegal transfer of client money

The markets watchdog further said clients of Karvy who seek to sell securities through the broker may do so by using electronic or physical Delivery Instruction Slip only

Former petroleum secretary Girish Chaturvedi in line for NSE top job

Former secretary and erstwhile SBI deputy MD inducted as public interest directors

Taxing issue

Lower transaction costs alone won't increase capital market activity

NSE seeks cut in tax on capital market transactions to boost investment

Vikram Limaye said several taxes, including the securities transaction tax and the goods and services tax, are hurting investor participation

NSE asks trading members to safeguard investor data amid rise in frauds

The move comes after Sebi communicated to the NSE that certain fraudsters are collecting data of clients who are already into trading in exchanges and send them bulk messages

Online test for independent directors may be counterproductive, say experts

According to the National Stock Exchange database, there are over 5,500 individuals who hold 7,066 posts of independent directors.

Shadow banking crisis claims another victim; fin stocks a drag on Sensex

Financials have seen sharp erosion in their share prices in wake of the yearlong crisis in India's credit markets

India International Exchange plans to waive fee to lure rupee trade home

Rupee trading onshore has been shrinking at the expense of offshore market, with volumes in London topping those in India's financial capital Mumbai

NSE to delist Lanco Infratech, Moser-Baer, 7 other firms from October 17

In September, NSE has delisted as many as 14 companies under the the compulsory delisting regulations

National Stock Exchange system hit by glitch in final minutes of trade

Sources said the exchange is looking to ascertain the reason for the glitch. Some officials said the problem occurred due to a connectivity issue with one of the internet services providers, Sify

SAT gives four weeks to NSE, ex-officials to file reply in co-location case

NSE and the people punished, challenged the order at the SAT on May 21

NSE tweaks criteria to select 'permitted to trade' stocks for Nifty

Move could be a precursor for including Nestle in Nifty

NSE's clearing arm maintains lead position after interoperability kicks in

Sources say trading members making up nearly 95% of market volumes have selected NSE Clearing, the fully-owned arm of NSE, for settling trades in cash segment