The Nifty Bank Index comprises the most liquid and large Indian banking stocks. It serves as a benchmark for investors and market intermediaries, reflecting the capital market performance of Indian banks. The index includes a maximum of 12 companies listed on the National Stock Exchange of India (NSE). Current Market Performance As of 2:51 pm …
The BSE Sensex and NSE Nifty50 continued their upward trend, gaining over 1.5% on Thursday. The Sensex hit a high of 80,032.87 before settling at 79,943.71, up 1,436.30 points or 1.83%. Similarly, the Nifty50 closed at 24,188.65, up 445.75 points or 1.88%, after trading between 23,751.55 and 24,226.70 during the day. This marks the second …
The BSE Sensex extended its rally into the second trading session of Calendar Year 2025, surging over 1,300 points or 1.69% as of 2:28 PM on January 2, 2025. Trading at 79,824, the advance-decline ratio heavily favoured advances, with 29 stocks in green and only one in red—Sun Pharma being the lone underperformer. Top Gainers …
The NSE benchmark Nifty50 index on January 2, 2025, opened on a positive note and sustained its momentum, reclaiming the crucial psychological level of 24,000. By 2:00 PM, the index was trading 380 points higher at 24,127 (+1.61%), marking one of its sharpest single-day gains in over a month. Broad Market Participation Drives Gains A …
Investors in schemes of the erstwhile Reliance Mutual Fund, now Nippon Life India Mutual Fund, have faced cumulative losses of nearly ₹1,830 crore. The losses stem from the fund house’s investment in AT-1 bonds of YES Bank, which were eventually written down. This information was revealed in a show-cause notice issued by the Securities and …
Ajay Poly Limited has filed its draft red herring prospectus (DRHP) with the Securities and Exchange Board of India (SEBI) for an initial public offering (IPO) to raise funds. The IPO consists of a combination of a fresh issue of shares, up to ₹238 crore, and an offer-for-sale (OFS) of up to 93 lakh equity …
The Securities and Exchange Board of India (SEBI) has introduced a new compliance framework designed to simplify the reporting process for listed entities. This integrated filing system, which consolidates various filing requirements, will be applicable for submissions related to the quarter ending December 31, 2024, and beyond. Objective: Reducing Compliance Burden The new framework aims …
The combined ADTV for the futures and options (F&O) segment on the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE) fell to ₹280 trillion in December 2024. This marks a sharp 36.56% drop from November’s ₹442 trillion and a staggering 48% decline compared to September volumes. Key drivers behind this contraction include regulatory …
On Wednesday, January 1, 2025, the benchmark equity indices, BSE Sensex and NSE Nifty50, started the new year with gains. The 30-share Sensex rose by 368.40 points, or 0.47%, closing at 78,507.41. During the session, the index traded between 78,756.49 and 77,898.30. Similarly, the Nifty50 index gained 98.10 points, or 0.41%, to settle at 23,742.90. …
On December 31, 2023, the Securities and Exchange Board of India (SEBI) announced the launch of the Mutual Funds Lite (MF Lite) framework to simplify the compliance process for entities launching passively managed mutual fund schemes. This initiative aims to foster innovation, encourage new entrants, and diversify investments in the mutual fund sector. Objective and …
