Share Market

Assembly - Stock market live : Nifty holds 18,600; ITC up 2%, The BSE MidCap

Stock market live on May 30, 2023: The broader markets outperformed benchmarks. The BSE MidCap and SmallCap indices rose up to 0.18 per cent versus nearly flat BSE Sensex index

Financials, IT aid rise in Indian shares ahead of RBI rate decision

The Nifty 50 closed 0.91% higher at 17,557.05, while the S&P BSE Sensex rose 0.99% to 59,689.31. Both the benchmarks have extended gains for a fourth session in a row

Stock markets closed today; check full list of 2023 market holidays here

Share market holiday: According to the list of trading holidays on the website of BSE, apart from today's holiday, the stock market will remain closed for 11 more days in 2023

Financial, IT stocks aid Indian shares snap three-month losing streak

The Nifty 50 index closed 1.63% higher at 17,359.75. The S&P BSE Sensex rose 1.78% to 58,991.52. Both the indexes logged their best day in since Nov. 11

Stock markets closed today: Check full list of 2023 market holidays here

Share market holiday: According to the list of trading holidays on the website of BSE, apart from today's holiday, the stock market will remain closed for 12 more days in 2023

Indian stock market to remain closed today on account of Ram Navami

Stock market holiday: The Multi Commodity Exchange (MCX) will open for trading in the evening session at 5 PM

Global Surfaces IPO opens today: GMP, subscription status, all details here

Global Surfaces IPO subscription status: According to BSE, as of 10:40 AM on Monday, the issue has been subscribed 0.04 times

Searchable database for unclaimed shares needed

A publicly available transparent database would increase the chances of genuine claimants finding out and making their claims, thus reducing the chances of fraudulent claims

Coal India to ITC: 10 stocks to hedge against share price volatility

Equity markets have been volatile over the past year. At such times, investors can look at firms that pay generous dividends, which can become a second income

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

Indian shares extend rally for 2nd time after strong economic data from US

Most of the Adani group stocks advanced, extending gains after U.S. boutique investment firm GQG Partners' $1.87 billion investment in the conglomerate on Thursday

GQG Partners sees shares fall as much as 3% after Adani investment

In early trade, GQG shares were down by as much as 2.6% whereas the S&P/ASX200 benchmark index was up 0.4%

Adani Group Rout has room to run as charts show 85% call still valid

The rout in Adani Group shares has room to run based on charts that show key stocks in Gautam Adani's empire may still extend declines to the 85% downside flagged by Hindenburg Research

Dish TV calls EGM on March 3, seeks nod for appointment of 4 ind directors

Direct-to-Home operator Dish TV will convening an Extraordinary General Meeting (EGM) on March 3 to seek shareholders' approval for the appointment of four new independent directors. The EGM would be held virtually through video conferencing and other audio-visual means, said a notice by Dish TV. Dish TV's largest shareholder Yes Bank Ltd (YBL) and the promoter family led by its former chairman Jawahar Lal Goel are engaged in a legal battle over board representation in the company. The four independent directors sought to be appointed are Sunil Kumar Gupta, Madan Mohanlal Verma, Gaurav Gupta and Lalit Behari Singhal. The company's board had announced their appointments in December last year, which was the first major appointment after the departure of its former chairman Jawahar Lal Goel. Earlier on December 30, shareholders of Dish TV had rejected a proposal for adoption of audited standalone and consolidated financial statements for FY21 and FY22 in the AGM. YBL, having over 24

Indian shares end lower in volatile session ahead of RBI's rate decision

BENGALURU (Reuters) -Indian shares struggled for direction on Tuesday before closing lower, as markets see-sawed between optimism that the Reserve Bank of India will pause rate hikes.

Sebi tweaks framework on credit rating agencies, asks for detailed policy

Sebi on Friday tweaked its operational circular on credit rating agencies (CRAs), asking them to have a detailed policy by March-end in respect of non-submission of crucial information, including quarterly financial numbers, by the issuers. Also, the detailed policy should contain methodology in respect of assessing the risk of non-availability of information from the issuers, including non-cooperative issuers and the steps to be taken under various scenarios in order to ascertain the status of non-cooperation by the issuer company. Further, CRAs will have to follow a uniform practice of three consecutive months of non-submission of no-default statement (NDS) as a ground for considering migrating the ratings to INC (issuers not cooperating) and need to tag such ratings within 7 days of three consecutive months of non-submission of NDS. The CRA in its judgement may migrate a rating to the INC category before the expiry of three consecutive months of non-receipt of NDS. In its fresh

Shares of India's Britannia Industries hit record high on Q3 profit surge

Shares of India's Britannia Industries surged to a record high on Thursday, a day after the maker of Good Day and Little Hearts biscuits reported its third-quarter profit more than doubled

Sebi bans 14 entities from securities market for 4 years period

Regulator Sebi on Monday barred 14 entities from the securities market for four years and imposed a penalty totalling Rs 70 lakh on them in a case pertaining to front-running by some former dealers of Reliance Securities Ltd and their connected entities. They have been directed to pay the fine within 45 days, the Securities and Exchange Board of India (Sebi) said in its order. In addition, they have been asked to disgorge Rs 4.23 crore of unlawful gains made by them, along with an interest of 12 per cent. In its order, Sebi found that entities with the help and cooperation of each other/ by being in nexus with each other, in a pre-determined manner were successful in front-running the impending orders of Tata Absolute Return Fund, a scheme of Tata AIF (Big Client). Tata AIF is a Sebi-registered alternative investment fund. Pursuant to the nexus, they have front-run the orders of the Big Client on multiple occasions during the investigation period and have made considerable wrongful

FirstMeridian files new draft papers for IPO; cuts issue size to Rs 740 cr

Staffing firm FirstMeridian Business Services Ltd has refiled preliminary papers with capital markets regulator Sebi and reduced its Initial Public Offering (IPO) size to Rs 740 crore from Rs 800 crore planned earlier. The initial share-sale comprises fresh issuance of equity shares worth Rs 500 crore and an Offer For Sale (OFS) of Rs 690 crore, according to the Draft Red Herring Prospectus (DRHP) filed with Sebi on Friday. As a part of the OFS, promoter Manpower Solutions Limited will sell shares worth Rs 615 crore while existing shareholders New Lane Trading LLP and Seedthree Trading LLP would sell shares worth Rs 42.5 crore and Rs 32.5 crore, respectively. The company, which counts Adani Ports and Special Economic Zone, Dell International Services India, PhonePe, Usha International, Exide Industries and Eureka Forbes as some of its key clients, has proposed to utilise the net proceeds from the fresh issue towards the payment of debt and general corporate purposes. JM Financial,

Shares and bonds markets worldwide nervy as rate-hike week looms

Stock markets worldwide halted their January rally on Monday, pausing for breath at the start of an agenda-setting week of central bank rate hikes and data releases