THE BOMBAY STOCK EXCHANGE
Ahead of Market: 10 things that will decide D-Street action on Monday
Having moved up sharply Nifty is currently facing hurdles at the resistance of 24,000-24,100 levels. Any dip from here is likely to be a buying opportunity. Immediate support is at 23,800 levels, said Nagaraj Shetti of HDFC Securities.
Weekly Top Picks: These mid and small cap stocks scored 10 on 10 on Stock Reports Plus
Stock Reports Plus, powered by Refinitiv, undertakes detailed company analysis for 4,000+ listed stocks. In addition to detailed company analysis, the report also collates analysts’ forecasts and trend analysis for each component. An average score in Stock Reports Plus is calculated by undertaking quantitative analysis of five key investment tools - earnings, fundamentals, relative valuation, risk and price momentum.
Holding company stocks rally up to 20%. Here’s why
Shares of holding companies like Bombay Burmah, Tata Investments, JSW Holdings and TVS Holdings rallied up to 20% on BSE on Monday as the Securities and Exchange Board of India (Sebi) introduced special call auctions with no price bands for price discovery of investment holding companies.
Special call auctions to aid holding companies price discovery, narrow discounts
Sebi introduces special call auctions for price discovery of holding companies, narrowing the market-book value gap. Stocks like Kalyani Investment trade at 60-85% discount to book value.
Dish TV shareholders reject director appointments once again
Dish TV shareholders rejected the appointment of Mukesh Chand and Manish Khandelwal as independent directors but approved the appointment of CEO Manoj Dobhal as a whole-time director. Chand and Khandelwal vacated their positions, leading to the immediate appointment of Garima Bharadwaj and Azeezuddin Mohammad as independent directors.
Jaypee Infratech Delisting: Suraksha Realty to pay exit price to retail shareholders, sets June 21 as record date
The successful resolution applicant of Jaypee Infratech will pay on a par with the liquidation value of the company to its shareholders holding about 542 million equity units while delisting the company from the stock exchanges. The company said that the existing public shareholders shall be given an aggregate exit at a price of Rs 14 lakh, which is not less than the liquidation value.
- Go To Page 1
How I finally entered a $5 trillion money-making venture
Indrajit hazra talks about how an Allahabad Bank account-holding man-child, at last, felt plugged into the Phiroze Jeejeebhoy Towers on Dalal Street,
Baroda BNP Paribas Mutual Fund launches Baroda BNP Paribas Nifty Bank ETF
Baroda BNP Paribas Mutual Fund launches Baroda BNP Paribas Nifty Bank ETF, tracking the Nifty Bank Total Returns Index. With a minimum investment of Rs 5,000, it offers exposure to the Indian banking sector for long-term capital appreciation.
Exchanges warn investors of fake trading apps, impostors
Bourses in Mumbai issue warning about social media scams using established brokers' names for high returns.
2024 Lok Sabha Phase 5 Elections May 20: Here's what's open and what's closed
The fifth stage of the 2024 Lok Sabha elections is set for May 20, encompassing 49 constituencies across eight states and Union territories, with polling stations open from 7 am to 6 pm. This phase will see voters from several key constituencies in Uttar Pradesh, Maharashtra, West Bengal, Bihar, Odisha, Jharkhand, Jammu and Kashmir, and Ladakh casting their ballots.
ETMarkets Explainer: Why invest in gold through ETFs?
Investing in gold through ETFs offers convenience and transparency. Gold, a symbol of wealth and power, has evolved as an investment option over time. While physical gold and gold stocks are traditional choices, gold ETFs provide a standard and low-cost way to buy or sell gold, excluding the need for insuring and storing physical gold or facing stock price fluctuations.
'Sleeping partner can't answer sitting...': FM Sitharaman stumps a stock broker when he raises multiple tax concerns
Union Finance Minister Nirmala Sitharaman gave a cryptic responses to concerns about high taxes on stock market brokers and real estate transactions, stating that the government benefits heavily from these taxes without sharing operational burdens. She urged the Bombay Stock Exchange to collaborate with SEBI to enhance investor confidence and warned retail investors of the risks associated with the derivatives market, stating that an unchecked explosion in riskier futures & options could potentially cause problems in household finances.
BSE Q4 results: Net profit at Rs 106.9 crore
Net profit in FY24 jumped 275.3% (including profit from the CDSL stake sale) and revenue from operations rose 70.4% from last year. BSE declared a dividend of ₹15 per share.
TVS Motor Company Q4 Results: Net profit jumps 18% YoY to Rs 485 crore
TVS Motor Company’s revenue from operations in the quarter under review grew by 24% to Rs 8,169 crore as against Rs 6,605 crore registered in the quarter ended March 2023.
Hero MotoCorp Q4 Results: Profit rises 18% YoY to Rs 1,016 crore
Hero MotoCorp declared a final dividend of Rs. 40 per share. This dividend together with interim and special dividend, marking the centennial year of Chairman Emeritus Dr Brijmohan Lall Munjal, of Rs.100 per equity share, takes the aggregate total dividend for the year 2023- 24 to Rs. 140 per equity share.
IREDA granted 'Navratna' status
These companies have the autonomy to invest up to ₹1,000 crore. IREDA is a Non-Banking Financial Institution engaged in promoting, developing and extending financial assistance for setting up projects relating to new and renewable sources of energy and energy efficiency/conservation.
Escorts Kubota to increase tractor prices from May 1
Escorts Kubota plans to increase tractor prices starting May 1, 2024, across various models, variants, and regions. The company's shares are currently trading 2.11% higher on the BSE. Last month, total tractor sales were 8,587, with domestic sales down 16.1%.
I have never ever been so bullish about the next 10 years: Hemendra Kothari
Hemendra M Kothari, Chairman, DSP Asset Managers and Sundararaman Ramamurthy, MD & CEO, BSE, walk down the memory lane to celebrate world's fastest stock exchange, BSE. "Stock exchange, whether it is Bombay Stock Exchange or National Stock Exchange, it definitely gives a lot of interest to the world. In 1984, I started talking about getting foreign investors and two years it took me to get first approval to create a country fund."
No action on summons against Subhash Chandra for 3 weeks in fund diversion case: Sebi to HC
Sebi halts action on Chandra's summons after court challenge. Accusations of predetermined probe. Justices permit 3-week pause. Mustafa Doctor mentions key dates. Involves stock market regulator.
BSE stock best performer among global bourses
BSE shares, which are listed on the National Stock Exchange, closed at ₹2352.45 on Saturday. The stock hit an all-time high of ₹2,598.95 on February 5. BSE shares' 430% gains in the past year far exceeds the 35% upmove in US-based Intercontinental Exchange (ICE), the second-best performer in the pack
Exchanges remove 39 smallcap stocks from surveillance
According to the stock exchange circular issued on Thursday, stocks such as Rajoo Engineers, Brand Concepts, Modern Insulators, BPL, Mirc Electronics, Shreyans Industries and Aban Offshore, among others, are included in the list of stocks that will no longer be subject to the ESM framework.
Stock exchanges shift 39 stocks out of ESM framework
Other stocks shifted out of the ESM framework include Rudra Global Infra Product, GP Petroleum, Kanoria Energy, Signet Industries, Bemco Hydraulics, Samrat Forgings and Amba Enterprises.
Kotak Mahindra Bank reports 8% increase in net profit in Q3
Kotak Mahindra Bank reported 8% YoY growth in net profit to Rs 3,005 crore for Q3 2023, due to provisioning towards alternative investment funds and loss in the fixed income book. Net interest income rose nearly 16% YoY to Rs 6,553 crore. The gross non-performing assets ratio was 1.73%, and slippages increased to Rs 1,177 crore. The net non-performing assets ratio was 0.34%. Total advances were at Rs 3.72 lakh crore, driven by growth in retail micro finance and credit cards. The bank plans to raise funds and re-appoint Uday Shankar as independent director. For the nine months ended December, net profit rose 30% to Rs 9,648 crore.
Kotak Sec moves Bombay High Court against NSE directive
Kotak Securities has also made Sebi a party in the case. The division bench of Justice GS Kulkarni and Justice Jitendra Jain has allowed all the respondents to file their responses in the case and has posted the hearing for January 16. As per the court's website, Kotak Sec filed the case on November 24.
Prudent investors should look to invest in largecaps next year: Anshul Saigal
“2023 was one such year where earnings understripped markets, so markets say for the small and midcap names, markets were up somewhere in the region of 35% to 40%. I do not think earnings grew by that much. Earnings would have grown in the range of say 20 odd percent. Now what that means is that markets have outstripped earnings for that one year.”
Mahindra Logistics sells its entire stake of 39.79% in TLPL
As per the share purchase agreement concluded Wednesday Mahindra Logistics will transfer 39.79% stake in TLPL to Amarnath Kalale, a promoter in the company, for a consideration of Rs 1,32,176.
Stock exchanges impose fine on Dish TV for board composition violations
In a regulatory filing, Dish TV said the stock exchanges had issued notices dated November 21 to the company for non-compliance with the requirements pertaining to the composition of the board and the composition of the Nomination and Remuneration Committee of the Board for the quarter ended September 30.
India’s social stock exchanges will see more listings and tweaks
A nonprofit wishing to list on a social bourse needs to first register with it and meet a host of criteria, make annual disclosures and produce extensive documentation, just as a company planning an IPO would. This includes a detailed fund-raise document with financial statements, risks, past social impact and the strategy to achieve its vision.
Load More
