Mumbai: NSE Indices, an arm of the National Stock Exchange, has accepted the market participants’ views and amended rules relating to deleting a merged company from indices. Under the new rule, the target company will be deleted from the index a day before the ex-date in case of a merger. Simultaneously, the weight of the … Read more
MUMBAI: NSE Indices, a subsidiary of the National Stock Exchange, has accepted the market participants’ views and amended existing rules relating to deleting a merged company from indices. Under the new rule, the target company will be deleted from the index a day before the ex-date in case of a merger. Simultaneously, the weight of … Read more
Mumbai , the flagship company of the Adani Group, will be included in the Nifty 50 index in place of , the National Stock Exchange said on Thursday. After , this would be the second stock from billionaire Gautam Adani‘s group to be included in the Nifty. The changes become effective from September 30. Adani … Read more
Mumbai: A move is on to scrutinise whether large and actively traded companies are falling in line with the rules to curb insider trading, one of the scourges of the Indian stock market. About a week ago, the country’s largest bourse, National Stock Exchange (NSE) shared a compliance certificate format with many companies which have … Read more
MUMBAI: An arm of Central Depository Services has been recognized as the bullion depository at the International Financial Services Centre at GIFT City in Gujarat. CDSL IFSC received recognition from the IFSC regulatory authority and can now provide various functions such as holding and transfer of bullion like gold. The company said that the holding … Read more
MUMBAI: The National Stock Exchange today said that its wholly-owned subsidiary NSE International Exchange will soon be able to facilitate buying and selling of US-listed through its NSE-IFSC platform at the Gujarat International Finance Tec-City. The offering will be in the form of unsponsored depository receipts. IFSCA has facilitated the same under the Regulatory Sandbox, … Read more
MUMBAI: After UBS Securities India, became the second brokerage firm to initiate coverage on with a buy rating, despite the online food aggregator nearly doubling from its issue price of Rs 76, within three days of its listing. JM Financial has arrived at its 12-month price target of Rs 170 for Zomato, a 28 per … Read more
NEW DELHI: NSE on Tuesday said a spike in Nifty futures trades on Monday was due to a manual order placed by a trading member at a significantly higher price than the prevailing price in the market. The National Stock Exchange (NSE) said that its systems functioned normally and asked the concerned trading member to … Read more
MUMBAI: An unusual battle is brewing in the stock market. Its fate will decide who will become the next Nifty50 stock and be counted as part of the elite circle of India’s stock market. According to brokerage firm , there are two candidates to be included in the next reconstitution of the premier stock index … Read more
MUMBAI: The issue price for the second tranche of the sovereign gold bond issue has been fixed at Rs 4,842 per gram, the Reserve Bank of India said on Friday. The Sovereign Gold Bond Scheme 2021-22 – Series II or the second tranche will be open for subscription from May 24 to 28. The government … Read more