The S&P BSE IPO Index, which tracks firms for two years after their listings, has plunged about 10 per cent so far this year
Sensex P/E of 26.3x is nearly twice MSCI EM's P/E and 40% higher than Dow Jones
NSE IFSC, NSE's International Exchange in GIFT City, on Tuesday said it has appointed Rajiv Mehrishi as the chairman of its governing board. The appointment is effective from Tuesday, the exchange said in a statement. The International Financial Services Centres Authority (IFSCA) had earlier approved his appointment as Public Interest Director (PID) on the Governing Board of NSE IFSC with effect from December 9, 2021. Mehrishi, a retired IAS officer, was the 13th Comptroller and Auditor General of India and vice-chairman of the United Nations Panel of External Auditors. Few of his prior roles include being finance secretary, home secretary and the chief secretary at government of Rajasthan. "The board and the management of NSE IFSC welcomes Mehrishi as chairman of NSE IFSC. His experience in corporate governance, finance, audit and corporate law will be immensely beneficial for the future development of NSE IFSC," the exchange said.
Bargain buying in banking and auto counters amid better-than-expected Q3 results by Axis Bank and Maruti Suzuki pushed the index 367 points higher at 57,858 level at close
Oravel Stays Limited, the parent company of travel-tech firm OYO, has received in-principle approval from BSE and NSE to list on the respective bourses, sources said. OYO has filed preliminary documents for a Rs 8,430 crore initial public offering (IPO). The offering will consist of a fresh issue of shares of up to Rs 7,000 crore and an offer-for-sale of as much as Rs 1,430 crore. As per documents reviewed by PTI, the company recently received the go-ahead for listing from the National Stock Exchange and BSE. Bourses typically provides such go ahead at advanced stages of the approval process thus signaling that regulatory path is close to getting cleared for the company to approach for its listing. The company had filed its Draft Red Herring Prospectus (DRHP) with Securities & Exchange Board of India (SEBI) in September last year and has been in the process of responding to the questions and clarifications sought by the regulators. Sources told PTI that the SEBI observations are .
The frontline S&P BSE Sensex crashed nearly 2,000 points intra-day, hitting a low of 56,984. It, however, staged a mild recovery in the fag-end and ended 1,546 points, or 2.6 per cent, lower at 57,491
Fund houses launched 19 new ETFs between April and December 2021
Fund houses launched 19 new ETFs between April and December 2021
Record addition of clients lift shares amid broader market rally
Stock market LIVE: Sectorally, auto and FMCG were the only gainers on the Nifty wherein the latter was supported by gains in HUL and Asian Paints on the back of their strong Q3 results.
On BSE, shares ended the day at Rs 20.95 apiece, down 18.32 per cent over previous close
Analysts, however, expect markets to recover from here on as they have reached their key support zones.
"Our inclination is towards sectors that will participate in economic growth like BFSI, consumer discretionary - including auto, capital goods - infrastructure and IT," says Sachdeva
Volumes in CY21 jump 2x to 17.3 billion
Costlier oil also weighing on sentiment; analysts see no let-off in volatility
The National Stock Exchange of India has emerged as the world's largest derivatives exchange for the third consecutive year in 2021 in terms of the number of contracts traded, according to the Futures Industry Association (FIA). In addition, the exchange was ranked fourth by the number of trades in cash equities, as per the statistics maintained by the World Federation of Exchanges (WFE) for 2021. In a statement on Wednesday NSE said it has ranked as the largest exchange globally in equity derivatives as well as currency derivatives by the number of contracts traded. "It is a matter of great pride for us and our country that NSE has emerged as a global leader and achieved the distinction of being the largest derivatives exchange in the world for the 3rd consecutive year and the 4th largest exchange in cash equities by the number of trades," Vikram Limaye, MD & CEO, NSE, said. The year 2021 witnessed the total registered investor base on NSE surpassing the 5-crore mark to reach a ..
Stock market LIVE: Sector-wise, only Auto, metals and energy stocks were trading higher. Meanwhile, Nifty IT index, down nearly 2 per cent , was still the biggest loser. .
In the intra-day trade, the indices hit a low of 60,662 and 18,086, respectively
In a largely range-bound session, the 30-share BSE Sensex ended 85.88 points or 0.14 per cent higher at 61,308.91
In the broader market, the BSE MidCap and SmallCap indices outperformed the benchmarks and ended up to 0.6 per cent higher.