Following markets regulator Sebi‘s order to increase the lot size to at least Rs 15 lakh, the National Stock Exchange (NSE) has increased the lot size for all its five index derivative contracts — Nifty, Nifty Bank, Nifty Financial Services, Nifty Midcap Select and Nifty Next50. The measure shall be effective for all new index … Read more
NSE’s index services subsidiary, NSE Indices, on Friday launched a new strategy index — Nifty500 Equal Weight — which represents an alternative weighting strategy to its parent index, the Nifty 500. It includes the same companies as the Nifty 500, however, weighed equally, an NSE press release said. The base date for the index is … Read more
The board of leading exchange NSE on Friday approved a bonus issue in the proportion of 4-to-1 through the capitalisation of reserves. Under the proposed bonus issue, investors of the unlisted company will get four shares for every share they hold as on the record date. The proposed bonus issue needs to be approved by … Read more
MUMBAI – The National Stock Exchange (NSE) of India will launch four new indices in the cash and futures and options segments with effect from April 8. The exchange has proposed online dissemination of indices namely, Nifty Tata Group 25% Cap, Nifty500 Multicap India Manufacturing 50:30:20, Nifty500 Multicap Infrastructure 50:30:20, and Nifty MidSmall Healthcare, according … Read more
New Delhi: Leading bourse NSE‘s exchange-traded currency derivatives, which completes 15 years on Tuesday, witnessed close to 2,000 crore contracts worth Rs 609 lakh crore transactions during its journey. The National Stock Exchange of India (NSE) introduced the Exchange Traded Currency Derivatives segment on August 29, 2008, with the launch of Futures on currency spot … Read more
BENGALURU : The Singapore Exchange and the National Stock Exchange of India said on Wednesday the full-scale operation of their international financial centre, NSE IFSC-SGX Connect, is targeted to be ready by the end of the second quarter of 2023. The transition of trading of SGX Nifty to NSE IFSC through the Connect was expected … Read more
Around the National Stock Exchange of India, Chitra Ramkrishna was practically her own institution. A founding member of the bourse, she helped shape it into the world’s largest derivatives exchange, opening trading to a growing middle class and serving as its first female chief. In 2016, she stepped down to high praise for her “sterling … 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
NEW DELHI: The Association of National Exchanges Members of India (Anmi) has called for trading of Nifty and Sensex indices, which are the most popular among traders, on all exchanges and not just their native ones. “Nifty and Sensex indices should be allowed to be traded on all the exchanges in future. If there is … Read more