Shares of BSE Ltd, Asia’s oldest stock exchange, plunged as much as 7.5% on Tuesday, extending their three-day decline to 13.5%, as investors continued to exit capital market stocks following Sebi’s order barring U.S. trading firm Jane Street from Indian markets. The regulator’s action has cast a shadow over the exchange’s lucrative derivatives segment and…
READ MOREShares of HDB Financial Services debuted on July 2, listing at Rs 835 apiece on both the BSE and NSE—12.8% higher than its issue price. Meanwhile, the stock touched a high of Rs 845.75 on listing day, taking the company’s market capitalisation to Rs 70,198 crore and placing it as the eighth most valuable non-banking…
READ MOREKolkata-based industrial gas supplier Ellenbarrie Industrial Gases is set to list on the BSE and NSE on Tuesday after receiving a stellar response to its Rs 853 crore IPO. The IPO is expected to debut with a healthy premium, backed by a grey market premium (GMP) of Rs 57 per share over the issue price…
READ MOREThe shares of Jio Financial Services have rallied 13% in one week to a high of Rs 331.40 on the BSE amid positive investor sentiment. The stock jumped 2.4% in intraday trade. On Friday, the stock rallied as much as 5.4% on the BSE after announcing that it has been granted a certificate of registration…
READ MOREIndian benchmark indices Sensex and Nifty50 opened higher for the third consecutive session on Thursday, tracking gains in Asian markets amid sustained optimism over a potential Israel-Iran ceasefire. At around 2:03 pm, the BSE Sensex rose 912.64 points, or 1.10%, to 83,668.15, while the Nifty50 gained 262.35 points, or 1.04%, to trade at 25,507.70. Among…
READ MOREKaynes Technology shares climbed as much as 3.9% on Friday to Rs 5,825.50 after the semiconductor manufacturing company opened its qualified institutional placement (QIP) issue on Thursday to raise up to Rs 1,600 crore. The company has set the floor price at Rs 5,625.75 per share, according to media reports. The indicative price range for…
READ MOREThe shares of Bajaj Auto, Tata Power, and HDFC Life Insurance will start trading on an ex-dividend basis from Friday, June 20, which makes today the last day to buy the shares of these companies to qualify for the dividends. The record date is the cut-off date set by the company to determine which shareholders…
READ MOREThe expiry day war between India’s two stock exchanges has finally drawn to a close, and it’s the National Stock Exchange (NSE) that may have emerged as a clear winner. In a high-stakes regulatory shake-up, SEBI has now fixed the expiry days for equity derivative contracts to just Tuesdays and Thursdays, ending months of tit-for-tat…
READ MOREThe Indian market is likely to trade lower on Friday tracking muted global cues. The Nifty future closed negatively with losses of 1.20% at 24,909 levels on Thursday. India VIX rose more than 2% to close at 14.02 in the previous session. On the options front, the maximum Call OI is placed at 25,200 and…
READ MOREShares of Tanla Platforms soared 12.8% to hit their day’s high of Rs 702 on BSE in Thursday’s trade after the company announced that its board of directors will meet on June 16 to consider a proposal for the buyback of equity shares. “Pursuant to Regulation 29(1)(b) of the SEBI LODR, this is to inform…
READ MORE