India's stock exchanges have reduced the daily share trading limitations for Paytm (PAYT.NS), a digital payments startup, from 20% to 10%. This reduction follows a $2 billion stock market meltdown that followed a regulatory crackdown on the company's banking division.
The advantage of bringing in a foreign player in the exchange business is more than allowing a domestic player to start an exchange
Individually, firms have garnered Rs 6,900 crore and Rs 1,000 crore on electronic book mechanism of BSE and NSE, respectively.
In order to ensure fair access to the co-location facility, markets regulator Sebi today directed stock exchanges to allow direct connectivity between such facility of one bourse with the other.
The Securities and Exchange Board of India (SEBI) in August outlined new proposals aimed at curbing high frequency trading (HFT) in the country, amid fears that retail investors would be disadvantaged against such advanced and expensive systems.
More than two dozen bourses have been allowed by the Securities and Exchange Board of India (Sebi) to exit the capital markets space.
Second-quarter earnings from blue-chips such as Infosys, TCS and Reliance Industries and key macroeconomic data -- IIP and inflation -- will dictate the trend of the stock market this week, according to experts.
Foreign investment trend will also be keenly followed, traders added. Analysts said that prevailing risks with Q4 numbers and outcome of key bills in Parliament will decide the market momentum going forward.
Experts believe the timing is apt – the market in a bull run and many private equity players that have invested in these companies are looking for an exit. Hence, through these IPOs, these PE players will have an easier exit route.
Balwant Jain of apnapaisa.com tries to decode the taxation issues relating to income from shares from the stock market.
Future Lifestyle Fashion will get listed on the market today. The pricing for the company's stock will likely range between Rs 155-180 per share.
The BSE revised various stocks from key indices and transferred them under different categories.
Life Insurance Corporation was spotted buying shares on Wednesday, two dealers who handle trades on behalf of India's largest state-run insurer told Reuters.
Holdings by foreign institutional investors (FIIs) have reached an all-time high; data revealed by several brokerages reveal. However, it also raises the potential risk of a major pullout if the market conditions did not favour them.
State-run Bharat Heavy Electricals Limited's (BHEL) shares slumped more than 15 percent; its lowest level in nearly eight years. A drastic decline of 49 percent in its quarterly profit has been a factor for the share prices to fall.
Shares of National Fertilisers Ltd (NFL) fell over five percent in the morning trade. This happened after the government began its divestment on the bourses. Within an hour of the issue being launched, it was subscribed 24 percent of the total 3.74 crore shares on offer.
BSE and the NSE identified several scrips to shift them to restricted trading category from July 5 for ensuring market safety. BSE wil lbe shifting 35 secutiries to 'T' group while NSE will transfer nine stocks.
Tim Ghriskey, CIO, Solaris AMC, says, in an interview to CNBC-TV18, that the market euphoria will continue but is wary of weaker economic data which might considerably impact the bourses.
Licences of as many as eight bourses in the country will come up for renewal this year, while two of them - Ludhiana Stock Exchange and Gauhati Stock Exchange - will see the validity of their current licences ending this month itself.
As part of its efforts to boost the country's corporate debt market, Sebi has come out with guidelines for setting up a separate debt segment on bourses where entities like banks and pension funds can also execute trades.
Deena Mehta of Asit C Mehta Investments explains to CNBC-TV18 that the Rs 10-crore limit on order was not an adequate deterrent to prevent the occurrence of a flash-crash.
Country's leading bourses- BSE and NSE, will conduct mock trading sessions on Saturday to check the system performance.
Country's leading bourses - BSE and NSE - will conduct mock trading sessions on Saturday to check the system performance. The two bourses said separately on Tuesday that they will conduct mock trading sessions on Saturday, December 1, 2012.
Stock analyst SP Tulsian of sptulsian.com explains to CNBC-TV18 that his outlook on the bourses remains negative due apprehension on the IT sector‘s second quarter results and lack of any further upside in the Bank Nifty. SpiceJet and Bharti lead the pack as the most attractive propositions for FDI.
The defunct stock exchanges and those which are not able to maintain a turnover of Rs 1,000 crore will have to close shops within two years, market regulator SEBI said today.