MUMBAI: NSE and nine of its former senior executives, including earlier MD Vikram Limaye, have settled a case with Sebi over allegations that brokers bypassed a trading access point to enable faster trades for Rs 643 crore. This is the largest settlement order in Sebi’s 36-year history. In addition to the settlement amount, eight officials…
MUMBAI: The launch of the fastest stock trading and settlement system in the world went on smoothly on Thursday, with 136 trades from 73 brokers for a majority of the 25 stocks that are allowed in the segment over two bourses, NSE and BSE. On the BSE, 49 investors closed their trades and settled through…
NEW DELHI: Equity benchmark indices, Sensex and Nifty, declined in early trade on Monday. Sensex was down by 103.34 or 0.14% to 72,540.09 while Nifty was at 21,977.45.Tata Steel, Bharti Airtel, M&M, NTPC, Bajaj Finance are among the top gainers in Sensex whereas SBI, Maruti Suzuki, Hindustan Unilever, ICICI bank are top losers.Sensex and Nifty…
Chip giant Nvidia Corp posted its biggest one-day drop in nine months. Nvidia is the company that is widely regarded as the biggest success story of the rise of Artificial Intelligence indusry. The company’s stock has seen 200%-plus jump in the past one year and of this over 70% in the year 2024 itself. With…
NEW DELHI: Bombay Stock Exchange (BSE) and National Stock Exchange (NSE) will remain closed on March 8 on account of Mahashivratri. As per the BSE website, trading activity in all segments including, Equity segment, Equity derivative segment, SLB segment and currency derivatives will remain shut for the day. Market trading will resume on March 11…
NEW DELHI:Sensex climbed 114.91 points or 0.16% to reach its highest ever closing level of 73,860.26 after reaching its all-time high of 73,982.12 during the first part of special trading session.Nifty rose by 56.25 points or 0.25% to settle at a new closing high of 22,395. It also hit its lifetime peak of 22,420.25 earlier…
NEW DELHI: BSE and NSE are set to conduct a special trading session in the equity and equity derivative segments today. The purpose of this session is to test their preparedness in handling major disruptions or failures at the primary site. There will be an intra-day switch over from the Primary Site (PR) to the…
Driving the News:Indian stock markets continued their upward trajectory for the fifth consecutive session, pushing the Nifty and Sensex to record highs. The rally was buoyed by robust investor sentiment, with the market capitalisation of BSE-listed companies hitting an unprecedented Rs 3.91 lakh crore.Why the rise: The BSE Sensex surged 281.52 points (0.39%) to close…
India’s prime stock exchanges, the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE), have halved the daily trading limit for shares of digital payments giant Paytm. Effective Monday, the new cap is set at 10%, down from the prior 20%. This decision trails a staggering $2 billion plunge in Paytm‘s valuation, triggered by…
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