NSE Indices Limited, a subsidiary of NSE specializing in index services, unveiled a new thematic index named the Nifty EV & New Age Automotive Index, on Thursday. This index is designed to monitor the performance of businesses within the electric vehicle (EV) sector and those engaged in the advancement of new-age automotive vehicles and associated … Read more
Top News SEBI has issued regulations requiring listed entities to verify market rumours following significant price movements. Unaffected prices will be considered for transactions within 24 hours of confirming a rumour, excluding its impact on share prices. This framework applies to top 100 listed entities from June 01, 2024, and to the next top 150 … Read more
Adani Ports & SEZ: Adani Group is preparing a $3 billion fund to increase its global ports capacity and establish a significant presence in the corridor connecting India to Europe via Central and West Asia. The group plans to increase its port capacity from 600 million metric tonnes per annum (MMT) to 800 MMT in … Read more
Over the past month, the Indian market has been dilly-dallying around the ground of the all-time range. Nifty50 is trading within a broad range of 1000 points, between 21,800 to 22,800. Although the market lacks a clear direction, it shows a positive trend as there has been no loss in investor value. The country’s total … Read more
Indian equities are likely to trade with a downward bias ahead of general elections results, but analysts do not expect a prolonged correction with the market expected to offer buy-on-dip opportunities. Premal Kamdar, Analyst at UBS Securities said he remains cautious on small- and midcap (SMID) companies due to rich valuations and downside earnings risk … Read more
Outstanding positions in marketwide futures hit a record ₹4.38 trillion on Thursday when the May series of derivatives began, pointing to a volatile month ahead. Marketwide futures include single stock futures and index futures (Nifty and Bank Nifty). While the market has priced in a victory for the ruling National Democratic Alliance when the results … Read more
Macrotech Developers: The company, operating under the ‘Lodha’ brand, has increased its pre-sales forecast for 2024-25 by 20% to ₹17,500 crore, backed by robust demand and a strong launch pipeline, according to a senior company official. The Mumbai-based developer achieved a record high of ₹14,520 crore in pre-sales in FY24. On Wednesday, the real estate … Read more
The BSE Sensex, comprising 30 shares, concluded the session with a gain of 599.34 points or 0.83%, reaching the level of 73,088.33. Similarly, the Nifty 50 achieved a closing level of 22,147.00, up by 151.15 points or 0.69%. However, the broader market lagged behind the benchmark indices, with the Nifty Small Cap 100 edging up … Read more
A few days after National Stock Exchange’s managing director (MD) and CEO Ashishkumar Chauhan’s deep fake video wherein he is seen recommending stock went viral, BSE’s MD and CEO Sundararaman Ramamurthy’s video is also doing rounds on the social media. Mr Ramamurthy has clarified that he does not initiate or endorse any such communication via social … Read more
Indian stock market today: A total of ten stocks have been banned for trade on Thursday, April 18, 2024, under the futures and options (F&O) segment by the National Stock Exchange (NSE). The securities have been put on ban under the F&O segment as they crossed 95% of the market-wide position limit (MWPL), according to the … Read more