This time, however, investors can expect a relative calm if the volatility gauge is anything to go by
Brokerages expect a better show in FY20
They have diluted their shareholding to meet other funding requirements
The bourse commenced trading in gold and silver contracts last October, to mark its entry into commodity derivatives and become country's first universal stock exchange
The 30-share BSE index fell 8.39 points to finish at 36,068.33 on the final trading session of 2018
Under the non-competitive bidding scheme, eligible investors apply for a certain amount of securities in an auction without mentioning the price or yield
It also affirmed commitment to minimise the troubles for the domestic and international client base as it unwinds the current relationship with the BSE
After Asia's oldest bourse BSE announced snapping of ties with S&P Dow Jones Indices (DJI), the latter said on Wednesday that it is looking at ways of expanding activity and seeking "strategic opportunities" in the country. "India continues to be an important part of S&P DJIs global growth strategy and we will continue to find ways to expand commercial activities in the country, look for strategic opportunities," an official statement said. The company will seek "strategic partners fully committed to providing Indian and global investors with the index-based solutions they need to take part in Indias exciting growth story," it said. It also affirmed commitment to minimise the troubles for the domestic and international client base as it unwinds the current relationship with BSE. The company said it has been working in the country since 1999 through various partnerships. It also listed out milestones since it started working with BSE, including launch of a full ...
Asia's oldest bourse BSE has decided to snap ties with S&P Dow Jones, which manages and operates benchmark Sensex, and plans to develop indices through its own in-house development team, exchange's officials said. The two entities had announced a joint venture -- Asia Index -- in 2013 to provide an array of indices enabling global and domestic investors to participate in South Asia's vibrant economies. The deal with BSE came after the expiry of the licensing arrangement between India Index Services & Products (IISL), a joint venture of NSE and S&P-owned Crisil. The exchange officials said that BSE will not renew its agreement with S&P Dow Jones Indices LLC which expires on December 31, 2018 and it is looking to develop indices through its own team. "Basically, we had done this tie-up five years back, but the joint venture could not do much in terms of expanding in the foreign jurisdiction, the usage of the indexes and all," BSE Managing Director and Chief Executive ...
With this, BSE has become the second largest commodities exchange in India
The BSE will launch the monthly future contract for Oman Oil from Friday, with settlement on the last working day of the next month
The licensing agreement will also allow BSE to use the prices of LME's base metals contracts to price its proposed base metals futures contract, it added
In August this year, markets regulator Sebi had issued circular for streamlining the process of public issue of debt securities
As part of its expansion strategy, BSE has set up a JV with a US-based insurance exchange to start an insurance distribution exchange platform
As many as 145 firms, including eight facing insolvency, have come under the Additional Surveillance Measure (ASM) framework of the BSE, according to the latest data available with the exchange. The data shows that the exchange has put Amtek Auto, Adani Transmission, Bombay Dyeing & Manufacturing Company, Electrosteel Steels, Emami Infrastructure, GVK Power & Infrastructure and Indiabulls Ventures under the ASM. Other firms placed in the framework are Jaypee Infratech, Jindal Worldwide, Manpasand Beverages, Reliance Naval and Engineering, Stampede Capital, Swaraj Automotives, Timex Group India, TVS Electronics, VIP Industries and V-Mart Retail. Besides, the eight firms in the framework facing insolvency are Castex Technologies, Easun Reyrolle, Jyoti Structures, Monnet Ispat & Energy, Moser Baer India, Sharon Bio-Medicine, Unity Infraprojects and Vardhman Industries. The parameters for shortlisting securities under the framework are high-low variation, client concentration,
Leading exchange BSE will move out eight companies from the additional surveillance measure (ASM) framework from September 24. The companies are Commex Technology, Oscar Investments, Tiaan Ayurvedic & Herbs, ACI Infocom, Kretto Syscon, Oasis Tradelink, Usher Agro, and VKJ Infradevelopers. Usher Agro will be excluded from the framework from September 24 by the rival exchange NSE as well. In separate communications dated September 21, the exchanges also said that Globus Spirits has been shortlisted in ASM framework with effect from September 24. The parameters for shortlisting securities under the framework are high-low variation, client concentration, number of price band hits, close to close price variation and price-earning ratio, as per the exchanges. The surveillance actions applicable for the shortlisted securities include placing them in the price band of 5 per cent and levying margins at the rate of 100 per cent. Public sector enterprises and public sector banks are exclude
The exchanges had on Wednesday received market regulator Sebi's approval to launch the segments from October 1, starting with non-agriculture commodities like metals
While both BSE and NSE will together suspend Gitanjali Gems, Amtek Auto, Easun Reyrolle and Panoramic Universal, BSE will suspend trading in 5 other companies
The auction will be conducted on BSE's ebidxchange platform from 3:30 pm to 5:30 pm,
MUMBAI (Reuters) - India's second-biggest stock exchange, BSE Ltd, said it would waive transaction fees on stocks in its flagship S&P BSE Sensex 30 index in an effort to encourage retail investors to participate in "financially sound companies".