NSE could soon have its own shares trading on its platform, even as they are already listed on another stock exchange first. The exchange may not need a separate Sebi approval to do this, as the move could come under its existing ‘permitted-to-trade’ system, an industry source cited by news agency PTI said on Thursday.The … Read more
The old average had a basic flaw. An index fund promises to match the index, and the index is built on closing prices. From August 3, 2026, the closing price of every stock in the F&O segment comes from an auction instead of a 30-minute average. Long-term investors need to do nothing. Traders, index funds … Read more
Both NSE and Jio Platforms filed their draft papers in June to raise about ₹30,000-31,500 crore and ₹37,000-37,700 crore, respectively, making them India’s biggest IPOs to date. By comparison, Hyundai India’s IPO in October 2024 raised about ₹27,870 crore, while LIC’s issue in May 2022 was worth ₹20,557 crore. Source link
As India’s largest bourse, the NSE is also the country’s largest unlisted company, with 1,90,000 investors. An external panel set up by India’s market regulator SEBI has recommended that the National Stock Exchange of India settle pending legal disputes by paying a little over ₹1,800 crore ($192.5 million), two sources with direct knowledge of the … Read more
The oversized syndicate will help manage distribution, anchor allocations and investor outreach for one of India’s biggest listings while ensuring major dealmakers remain inside the transaction. Source link
The unexpected surge in prices for the country’s dominant stock exchange is fuelled by hopes of an imminent listing and attractive valuations, creating huge demand among investors and a significant supply crunch. Declaration of a rich dividend by NSE and its chief executive saying that its market share loss to rival BSE had “run its … Read more
BSE has long been struggling against NSE, which has a dominant market share. In derivatives, BSE’s Average Daily Turnover (ADT) in FY 23 was Rs 1.38 trillion as against Rs 153.5 trillion of NSE i.e., 9% market share In cash market, BSE’s ADT during FY 23 was Rs 4,132 cr vs Rs 53,434 cr at … Read more
Who is the faceless ‘yogi’ in the bizarre story of the National Stock Exchange (NSE) and its flawed, vulnerable former CEO? The 190-page report by the capital market regulator Sebi only thickens the plot, arousing curiosity and leaving the social media speculating the possible identity of the mysterious ‘siddha purusha’. The exchange as well as … Read more
The Securities and Exchange Board of India (Sebi) has penalised the National Stock Exchange (NSE), its former CEOs Chitra Ramkrishna and Ravi Narain for governance lapses in hiring of its chief operating officer (COO) Anand Subramanian. Ramkrishna has been directed to pay Rs 2 crore, while NSE, Narain and Subramanian have to pay Rs 2 … Read more