Page 2 - Nse

Post attack, NSE clarifies ASM, Nifty inclusion and exclusion stance

Bourse says action "non-discretionary, pre-announced"

Adani Green Energy, NDTV to move to ASM stage-1 framework from Monday

Leading bourses NSE and BSE on Friday said two Adani group stocks -- Adani Green Energy and NDTV -- will be moved to the first stage of the long-term additional surveillance measures (ASM) framework from Monday. These securities will continue in the framework but will be moved from long-term ASM framework Stage II to Stage I from March 20, according to separate circulars. The move also comes close on the heels of the two exchanges excluding Adani Enterprises, Adani Power and Adani Wilmar under the short-term ASM on Thursday. Last week, both NSE and BSE announced that they had moved stocks of Adani Green Energy and NDTV to long-term ASM framework Stage II from Stage I. The parameters for shortlisting securities under the ASM framework include high-low variation, client concentration, number of price band hits, close-to-close price variation and price earning ratio. NSE and BSE said these companies have satisfied the criteria for inclusion under long-term additional surveillance ...

NSE, BSE remove 3 Adani group stocks from short-term surveillance

The National Stock Exchange (NSE) and the BSE has announced that three Adani group companies -- Adani Enterprises, Adani Power and Adani Wilmar -- will move out of the short-term additional surveillance measure (ASM). The stocks will be excluded from the short-term ASM framework with effect from March 17, according to separate circulars available on the exchanges. The NSE and the BSE had put the three Adani group firms, including the flagship firm Adani Enterprises, under the ASM framework on March 8. The parameters for shortlisting securities under ASM include high-low variation, client concentration, number of price band hits, close-to-close price variation and price-earning ratio. In addition, the NSE said that on these securities, "margins to be restored prior to ASM on all existing derivative contracts." Tata Teleservices (Maharashtra) Ltd (TTML) is also another stock that was excluded from the framework. "Applicable rate of margin shall be 50 per cent or existing margin ..

Nifty 50 index heads for technical correction amid global turmoil

Rising interest rates, coupled with this year's rout in the Adani conglomerate's stocks, have also weighed on the local market

Here's why Vinay Rajani of HDFC Sec suggests to buy Zydus Life, Coal India

Among individual stocks, the technical & derivative analyst from HDFC Securities recommends to buy Zydus Life and Coal India

No breather for stock markets as US bank crisis weighs on sentiment

Sensex, Nifty fall for 4th day to hit fresh five-month lows

NSE, BSE to put 2 Adani firms under surveillance measures framework

Leading bourses NSE and BSE on Friday said two Adani Group firms -- Adani Transmission and Adani Total Gas -- will be put under the second stage of the long term additional surveillance measures framework. This will be effective from March 13, according to separate circulars. The move also comes close on the heels of the two exchanges putting Adani Enterprises, Adani Power and Adani Wilmar under the short-term additional surveillance measure (ASM) framework Stage - I from March 9. The bourses had also put NDTV and Adani Green Energy under the long term ASM framework Stage - II. The parameters for shortlisting securities under Additional Surveillance Measures (ASM) include high-low variation, client concentration, number of price band hits, close to close price variation and price earning ratio. The NSE and BSE said these companies have satisfied the criteria for inclusion under long term additional surveillance measures (Long Term - ASM). Applicable rate of margin shall be 100 pe

Investing in stocks? Dump social media, seek advice from regulated entities

Relying on social media platforms puts you at risk of falling prey to pump-and-dump schemes

Stock market holiday: Share market to remain closed due to Holi today

Stock market holiday news: While most people are celebrating Holi on Wednesday, March 8, BSE and NSE have declared a stock market holiday on March 7

NSE gets Sebi nod to launch WTI crude oil, natural gas futures contracts

The National Stock Exchange on Wednesday said it has received approval from markets regulator Sebi to launch the rupee-denominated NYMEX WTI crude oil and natural gas futures contracts in its commodity derivatives segment. The launch date for these contracts will be announced soon, NSE said in a release. Last month, the exchange signed a data licensing agreement with CME Group. The pact allows the bourse to list, trade and settle rupee-denominated NYMEX WTI crude oil and natural gas derivatives contracts on its platform. The addition of these contracts will expand NSE's product offering in the energy basket as well as its overall commodity segment. These contracts are designed to provide the market participants with a more efficient way to manage their price risk, the release said.. Nymex WTI Crude Oil and Natural Gas (Henry Hub) contracts are amongst the world's most traded commodity derivatives contracts generating interest from across the globe. The contracts would provide the

Divgi TorqTransfer Systems IPO receives 12% subscription on first day

The initial public offering of automotive component manufacturer Divgi TorqTransfer Systems received 12 per cent subscription on the first day of the sale on Wednesday. Bids for 4,75,800 shares were received against 38,41,800 shares on offer, according to an update on the NSE. The category meant for Retail Individual Investors (RIIs) was subscribed 60 per cent and that of non-institutional investors got 6 per cent subscription. The Initial Public Offer (IPO) has fresh issue aggregating up to Rs 180 crore and an Offer For Sale of up to 39,34,243 shares. The price band is Rs 560-590 a share. Divgi TorqTransfer Systems on Tuesday said it has raised more than Rs 185 crore from anchor investors. At the upper-end of the price, the IPO is expected to fetch a little more than Rs 412 crore. Proceeds from the fresh issue will be used towards funding capital expenditure requirements for the purchase of equipment for its manufacturing facilities and general corporate purposes. Inga Ventures

NSE withdraws decision to drop Zee Entertainment from F&O segment

NSE said post the NCLAT order, ZEEL will move out of IBC framework, hence the surveillance action in the stock shall be reverted and the F and O contracts with May 2024 will be available

Street Signs: Nifty above 200-DMA, new-age start-up stocks, and more

NSE issued a list of 61 words brokers are barred from using misleading titles to offer client services they aren't permitted to

NSE removes Zee Entertainment from F&O segment post insolvency fallout

"No fresh month contracts will be issued on the expiration of February 2023 contracts," the exchange says in a circular

Marine Electricals rallies 5% after it bags order from Goa Shipyard

The company will supply shaft generators, main switch boards, distribution boards, and associated systems with OBS for PCV Project from Goa Shipyard

NHPC raises Rs 996 crore through issuance of non-convertible bonds

State-owned hydro power giant NHPC on Monday raised Rs 996 crore through the issuance of non-convertible bonds on private placement basis. "NHPC Limited has raised Rs 996 crore on February 20, 2023 through unsecured, redeemable, non-convertible, non-cumulative and taxable 7.59 per cent AD series bonds on private placement basis," according to a filing. The bonds are proposed for listing at Wholesale Debt Market (WDM) segment of BSE and National Stock Exchange (NSE).

Diverging trade

Appeal of direct equity investment is waning

NSE to include Adani Wilmar, Adani Power in few indices from March 31

Leading stock exchange NSE has tweaked the constituents of its major indices with Adani Group's two companies -- Adani Wilmar and Adani Power -- all set to make their way into some of the Nifty indices from March 31, 2023. Adani Wilmar will be part of Nifty Next 50 and Nifty 100 indices, while Adani Power will be included in Nifty 500, Nifty 200, Nifty Midcap 100, Nifty Midcap 150, Nifty LargeMidcap 250, and Nifty Midsmallcap 400 indices. All the changes in the indices will be effective from March 31 this year, the exchange said in a late night statement on Friday. The Index Maintenance sub-committee of NSE Indices Ltd has decided to make replacement of stocks in various indices as part of its periodic review. However, the National Stock Exchange (NSE) did not make any change to its Nifty 50 index. In Nifty Next 50 index, apart from Adani Wilmar, other companies that will be included are -- ABB India, Canara Bank, Page Industries and Varun Beverages. On the other hand, Bandhan Ba

NSE, CME Group tie up to launch Nymex crude, natural gas derivatives

Indian bourse will be able to list and settle rupee-denominated contracts in these commodities

Top headlines: Adani hires Grant Thornton, Jio aims 100% 5G coverage

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