BSE, MCX Q4 results: BSE enjoys multiple growth levers; MCX banks on option volume surge
While BSE showed multiple levers for growth in revenue and earnings over the medium term, MCX seemed poised to leverage its growth in options volumes for future revenue growth.
BSE, NSE remove NDTV from ASM framework from Monday
The stock is to be excluded from the ASM framework effective May 22.
Sensex, Bankex derivative contracts witness record Rs 528 crore turnover
BSE on Friday said that its newly relaunched Sensex and Bankex derivatives contracts witnessed a record turnover of Rs 528 crore on their first weekly expiry on the exchange. The turnover for futures was Rs 35 crore and options saw a turnover of Rs 493 crore, the exchange said in a release. The recently relaunched S&P BSE Sensex and S&P BSE Bankex derivatives contracts clocked a turnover of Rs 528 crore on their first weekly expiry on BSE, it added. Since its launch, BSE has seen a steady increase in turnover and open interest in these contracts, which has unique expiry of Friday. These contracts witnessed wider participation with more than 125 members across India, as per the release. On Monday, BSE relaunched Sensex and Bankex derivative contracts in its bid to boost derivative trading at the country's premier bourse. The relaunch of derivative contracts comes with a reduced lot size of futures and options and a new expiry cycle of Friday against Thursday...
Nexus Select Trust share price jumps after positive listing. Buy, hold or exit?
NSE Select Trust share price opened on BSE at 102.27 and went on to hit intraday high of 104.90 apiece levels within few minutes of share listing
Delhivery Q4 results: Share price gains over 2% ahead of Q4 earnings
Delhivery stock rose as much as 2.46% to 374.50 apiece on the BSE.
Congress slams govt over fall in LIC's market capitalisation
The country's largest insurer LIC had this day last year listed its shares on the NSE and the BSE.
BSE relaunches Sensex, Bankex derivatives contracts to boost trading
BSE on Monday relaunched Sensex and Bankex derivative contracts in its bid to boost derivative trading at the country's premier bourse. The relaunch of derivative contracts comes with a reduced lot size of futures and options and a new expiry cycle of Friday from Thursday earlier, BSE said. The relaunch evoked a good response from market participants. Nearly 100 members participated in trading with a total turnover of Rs 53.12 crores with an open interest of 252 lots, the BSE said in a statement. Derivatives are considered to be high-risk-reward financial instruments aimed at hedging risk in the equity market. BSE had launched Sensex-30 derivatives (options and futures) for the first time in 2000. The Sensex-30 derivatives are made up of 30 of the largest and most actively traded companies on BSE. "We are relaunching two contracts Sensex and Bankex. Sensex is a well known benchmark and a barometer of India's economy. It has good performance and a good volatility profile, BSE Manag
IndiGrid net profit rises 37% YoY to Rs 137 crore in Jan-Mar quarter
Infrastructure investment trust India Grid Trust on Friday posted a 37.4 per cent rise in its consolidated net profit to Rs 137.12 crore in the January-March 2023 quarter compared to a year ago, on the back of higher revenues. The consolidated net profit of the company was Rs 99.80 crore in the quarter ended on March 31, 2022, a BSE filing showed. On a year-on-year basis, the consolidated revenue for the quarter was up 9 per cent to Rs 598.9 crore, the company said in a statement. IndiGrid ended the quarter with an AUM (assets under management) of Rs 22,800 crore and a net debt to AUM of 59.5 per cent, leaving significant debt headroom for further growth. The Board of the Investment Manager approved a Distribution Per Unit (DPU) of Rs 3.45 for Q4 FY23, closing the year ahead of the DPU guidance of Rs 3.30 per quarter. The record date for the distribution is May 18, 2023, and shall be paid as Rs 2.53 per unit in form of interest, Rs 0.29 per unit in form of dividend, Rs 0.58 per un
After rallying over 190% YTD, multibagger stock hit 5% lower circuit as Board sets record date for 1:4 bonus share and 1
The shares of Kenvi Jewels hit a 5% lower circuit at 118.40 apiece on BSE during today's closing session after Board of Directors fixed record date for 1:4 bonus share and 1:10 stock split.
Innokaiz India gets listed on BSE SME Platform, takes tally of cos to 435
Leading bourse BSE's small and medium enterprises (SMEs) platform on Thursday announced the listing of Innokaiz India, taking the tally of such listed companies on the exchange to 435. Innokaiz India Ltd became the 435th company to get listed on the BSE SME Platform on May 11, 2023, after successfully completing its public issue on May 3, the exchange said in a release. Innokaiz India is a Chennai-registered company, that provides event management, corporate gifting, advertising and marketing services through both offline and online formats. BSE launched its SME platform in March 2012.