The 25 basis point (bps) rate hike by the Reserve Bank of India (RBI) to 5.5 per cent is in line with expectations, said analysts, who expect the market’s focus to be back on crude oil prices in the backdrop of West Asia conflict, rupee-dollar equation, bond yields and how corporate earnings play out in…
Sebi may use the last 30 minutes’ volume-weighted average price for derivatives settlement, while retaining closing auctions for less liquid stocks India’s markets regulator is likely to stop using closing auctions to calculate derivatives settlement prices for at least a year, two sources with direct knowledge of the matter said, in a partial reversal of…
Sensex, Nifty rebounded on Monday driven by value-buying, after facing a massive drubbing on the Budget day. The equity benchmark indices Sensex and Nifty staged a sharp recovery on Monday, amid value buying in blue-chip oil & gas, banking and auto shares. After opening on a weak note, tracking a broad-based sell-off during a special…
Sebi’s NoC puts an end to nine years of waiting for NSE’s initial public offering (IPO). The Securities and Exchange Board of India (Sebi) has issued a no-objection certificate (NoC) for the public listing of National Stock Exchange of India Ltd (NSE), according to two people familiar with the matter. The development puts an end…
The Sensex ended 485 points, or 0.58 per cent, up at 83,952.19, while the Nifty 50 ended at 25,709.85, up 125 points, or 0.49 per cent. The BSE Midcap and Smallcap indices ended with losses of 0.43 per cent and 0.49 per cent, respectively. Stock market today: Extending gains to a third consecutive session, Indian…