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TopicBSE

Topic: BSE

Meant to improve end-of-day prices, India’s new closing-auction system is producing extreme swings

The first monthly expiry at the BSE Ltd. under the new system on Thursday showed how wild the swings can get.

India’s IPO filings defy stock downturn with near-record March

About 30 companies filed draft prospectuses with the market regulator in March, seeking to raise roughly $6.3 billion, according to data from Prime Database and NSE.

CBI files final chargesheet in NSE co-location ‘scam’, names ‘brokers which benefited’

In co-location scheme, brokers were allowed to place computers closer to NSE servers so they could access data faster. This was allegedly manipulated to gain undue advantage.

HDFC Bank drags Indian shares as rally to record highs takes pause

The heaviest-weighted stock in the benchmarks lost 4.2% and dragged financial, private bank and bank indexes down about 1% each

India shares at record highs as exit polls predict Modi landslide

By Ankur Banerjee and Bharath Rajeswaran SINGAPORE/MUMBAI (Reuters) -Indian shares set records, the rupee gained and bonds yields dropped in Monday opening trade as exit polls pointed to a third term

1st-time investor? Don’t take that influencer’s advice. Small & mid-cap stocks a risky idea, here’s why

While SEBI last week warned of a bubble in these stocks, followed by a minor correction, analysts say this correction can continue and pose big risks to amateur investors.

Pandemic sparked surge in new stock market investors but trend has dipped sharply, data shows

Sensex surged 87% between April 2020 & October 2021, drawing many new investors looking to cash in on this growth. Since that boom ended in late 2021, investor interest has also waned.

Month after Hindenburg report, Adani stock fall shows short seller’s findings could have been right

In 24 January report, Hindenburg Research said stocks of Adani Group’s 7 listed companies 'are 85% overvalued'. At least 3 of these have since seen their stock price fall by almost that amount.

‘Scapegoat’ or mastermind of 1992 scam? Harshad Mehta’s fall from grace still haunts family

Harshad Mehta’s wife Jyoti has launched a website in her late husband’s name, to publicly share the ‘harassment’ their family is being subjected to.

India’s ‘casino’ type midcap rally could take a break, large stocks found safer amid Covid

Investors say they are avoiding midcaps based on global economic cues, valuations. While Sensex flirts with technical correction, expensive smaller stocks could have more to lose.

On Camera

Punjab’s biggest IAS batch in 30 years has no real work. Govt is keeping them in waiting room

None of the 10 IAS officers of the 2024 batch has been posted as Sub-Divisional Magistrate. They've been made Officers on Special Duty, a designation with no real work.

Ex-RBI governor Rajan urges US Federal Reserve to hike interest rates to contain inflation

On India, Rajan said the rupee has held up better than some had feared. The currency is currently around 95.50 a dollar, up from nearly 97 in May.

India eases defence export rules, cuts procedural burden, expands licence window

At the centre is OGEL framework—a standing, one-time export authorisation that allows eligible defence exporters to generate authorisations for multiple consignments without applying separately for each.

Munir’s latest power grab is proof of his paranoia. Dictatorship and delusion go together

At some point Pakistani dictators begin to show paranoia. That’s the strategic reality most relevant to India since the late fifties. Munir’s case is worse, like some sudden acrophobia.