On January 21, state-run LIC completed its acquisition of 51 per cent stake in IDBI Bank
Tag: BSE
Sensex, Nifty in green, financials drag
Mumbai: The Sensex and Nifty traded in the green during the morning trade session on Tuesday after they opened lower. Caution ahead of the Q3 corporate earning session starting this week and outcome of the ongoing US-China trade talks kept the indices in a short range. The Asian markets also[Read More…]
Sensex opens higher over easing trade tension
Mumbai: The key Indian equity indices opened higher on Monday amid expectation of ease in the US-China trade tension. Talks between the US and China is scheduled to be held on Monday and Tuesday. All the sectors on BSE and NSE traded in the green. The Sensex of the BSE[Read More…]
Sensex ends flat on weak global cues, RBI board meet
Mumbai: The key Indian equity indices closed flat after trading in a narrow range on Friday tracking weakness in Asian and European markets over concerns of a slowdown in global growth. Caution in the domestic markets also prevailed as the outcome of Reserve Bank of India (RBI) board meeting was[Read More…]
Sensex, Nifty opens in green: Banking stocks down
Mumbai: The Sensex and Nifty on Friday opened with slight gains. However, minutes into the trading key indices slipped in the red tracking its global peers. The financial stocks witnessed selling pressure while telecom, IT and realty counters gained. On the domestic front, the Reserve Bank of India’s (RBI) board[Read More…]
Sensex down 290 points; rupee slips to 72
Mumbai: The key equity indices — S&P BSE Sensex and NSE Nifty50 — remained subdued during Tuesday’s morning trade session as the Congress party started to take the lead in the Assembly elections in three key states of Rajasthan, Madhya Pradesh and Chhattisgarh. The key indices — the S&P BSE[Read More…]
Share market LIVE Updates: Nifty above 10,500, Sensex around 35,000
LIVE UPDATES: “The markets are forward looking & had discounted the anti incumbency wave in the Hindi heartland. The results of MP & Rajasthan being so close are +ve for the BJP. In the end we are 4 months away from the general elections where the call is Modi magic[Read More…]
Stock Market Watch: Sensex crashes by 700 points, Nifty losses 200+
The benchmark indices cast bloodbath as they dropped down to nearly 2 per cent at the end of the trading day of December 10. Sensex ended with 34959.72, resulting in a downfall of 713.53 points. Whereas Nifty dropped 205.20 points and 11.50 short of 10500, ie at 10488.50 points. Multiple[Read More…]
Stock Market Watch: Adani Group share plunges 7% amidst sell-off
Share prices of Adani Group companies nosedived in the morning hours of trade on Monday amidst across-the-board selloff. Shares of Adani Power(48.80) and Adani Enterprises(142.75) plunged the most, losing nearly 7 per cent of its value. Other shares such as those of Adani Transmission, Adani Gas, Adani Green Energy also[Read More…]
Caution over Q2 results dent equity indices; banking stock plunge
Mumbai: Caution over upcoming quarterly results along with profit booking pulled the key Indian equity indices in the red on Tuesday. Heavy selling pressure was witnessed in the banking, oil and gas and energy sectors, while all the other counters were in the green on BSE, led by IT. According[Read More…]
Indian stock market register highest single-day fall in 6 months
An expected rise in inflation dented investors’ risk-taking appetite on Monday and pulled the Indian equity market deep into the red, with both indices registering their highest fall in the last six months, the analyst said. Investors feared that high petrol and diesel prices and a weak rupee would pump[Read More…]
Bombay Stock Exchange to launch weekly ‘Dollar-Rupee’ F&O contracts on July 30
Mumbai: The Bombay Stock Exchange (BSE) on Friday said it will launch Weekly Dollar-Rupee Futures & Options Contracts on July 30. According to BSE, the move will help increase liquidity in the market. Currently, monthly contract are available on all approved currency pairs including USDINR currency pair. The introduction of[Read More…]
Nifty creates history, touches 10,000 mark for first time
For the first time, equity benchmark NSE Nifty touched a high of 10,000 in Tuesday’s opening trade. The broader index opened at 10,010.55, and gained 44.15 points. The BSE Sensex was also on a surge as it opened at 32,350.71, up by 104.84 points. Sensex was up by 0.12% and[Read More…]
SAFE appoints BSE CEO Ashish Kumar Chauhan as new chairman
BSE managing director and chief executive Ashish Kumar Chauhan has been appointed as the new chairman of South Asian Federation of Exchanges (SAFE). SAFE is a forum of 28 member entities from the SAARC regions including Afghanistan, Bangladesh, Bhutan, India, Maldives, Nepal, Pakistan and Sri Lanka etc. The forum gives[Read More…]
Ashish Chauhan: The man with the Midas touch
In January 2013, the then Chief Minister of Gujarat Narendra Modi visited the Bombay Stock Exchange (BSE) and was deeply impressed by the work being carried out at Dalal Street. The Chief Minister could not help but instantly extend an invitation to Ashish Kumar Chauhan, the MD and CEO of[Read More…]
8% fall in Idea Cellular shares on Vodafone deal
BSE makes debut on NSE; raises Rs 1,243 crore
Shares of BSE made a strong debut on the stock exchange, closing 32.6 % higher at Rs 1,069.2 apiece. The issue price was Rs 806 a share. About 15.7 million shares of BSE changed hands during the session. BSE is the first Indian stock exchange to go public. The initial[Read More…]
Sensex, Nifty wipes off their initial losses
BSE CEO Ashish Chauhan receives IIM-C Distinguished Alumnus Award
Managing Director and the Chief Executive Officer of the Bombay Stock Exchange Ashishkumar Manilal Chauhan has been awarded the Distinguished Alumnus Award 2016 by IIM Calcutta. He is a Post Graduate Diploma in Management alumnus of Batch 26 of IIM Calcutta and a Mechanical Engineer from IIT Bombay. He was[Read More…]
How Reliance Jio choke-slammed its telecom competitors
Mukesh Ambani’s announcement of Reliance Jio services turned out to be a nightmare for other telecom operators. Soon after Ambani’s announcement of Jio, shares of Bharti Airtel and Idea sunk by 9% and 11% respectively and together they lost Rs 15,600 crore. Shares of other telecom companies also fell on the Bombay[Read More…]
Finance Minister commemorates 140 years of BSE, unveils plans of dealing in commodity derivative segment
Finance Minister Arun Jaitley released a postage stamp to commemorate 140 years of India’s first stock exchange, the BSE today in Delhi. Addressing the gathering Jaitley said that BSE was formed as an immediate need for the Indian economy and was an important step towards industrialization. He further added that[Read More…]