Free Press Journal
  • Children to ‘take over’ NSE on November 14

    Mumbai: Children will ‘take over’ the National Stock Exchange (NSE) here on November 14 as part of UNICEF’s spotlight on the most pressing challenges faced by the young generation.

  • Reliance MF IPO subscribed within 5 mins

    New Delhi : The initial public offer of Reliance Nippon Life Asset Management(RNAM) got oversubscribed 2.45 times soon after opening of bids, making it the first ever IPO to get full subscription within five minutes. The IPO to raise an estimated Rs 1,542.42 crore opened this morning and received bids for 10,48,57,278 shares against the total issue size of 4,28,40,000 shares (excluding anchor portion), as per data available with the NSE till

  • Reliance Home Finance debuts at Rs.107 on NSE

    Mumbai, Housing finance company Reliance Home Finance Ltd — part of Anil D Ambani-led Reliance Group — on Friday made its trading debut in NSE at Rs 107.20. Tina Ambani, wife of Anil Ambani, rang the bell signalling the listing of Reliance Home Finance’s stock.

  • Nifty reclaims 9,900-mark, Sensex up 167 pts on fund inflows

    Mumbai: The benchmark NSE Nifty reclaimed the 9,900-level and BSE Sensex climbed over 167 points in early trade today on widespread gains following sustained buying by domestic institutional investors.

  • Indore: SEBI black lists 3 city-based shell companies for unfair practices

    Indore: Taking strict action against shell companies, stock market regulator Securities and Exchange Board of India (SEBI) has identified 331 listed companies indulged in unfair trade activities. Prima facie three companies from the city belong to black list. Shell companies are a non-trading company used as a vehicle for various financial manoeuvres or kept dormant for future use in some other capacity.

  • Sebi to meet bourses, discuss cyber security, tech glitches

    New Delhi : Regulator Sebi will discuss with stock exchange on Friday measures that need to be taken to avoid recurrence of ‘technical glitches’ at bourses, as also steps to bolster cyber security framework, regulatory and market sources said.

  • NSE files consent application on co-location issue

    Mumbai : The National Stock Exchange of India (NSE) on Thursday said it has filed an application with stock market regulator Sebi for settlement of its co-location issue under the consent process.

  • Indore: Despite increase in tax, capital market investors give thumps up to GST

    Indore: It may be surprising to know that despite the new tax regime – Goods and Service Tax (GST) – has increased tax load, the affected one has given thumps up to it and same is with capital market. Despite increase of service tax from 15% to 18%, capital market investors including retail and brokers are happy and reaping the benefit. However, brokerage firms will have to take separate GST number for

  • Ace investor Ramesh Damani shares words of wisdom

    Ramesh Damani, often called the Nawab of Dalal Street, shared his learning about the stock market with Mumbai city’s Rotarians recently. During the session, he shared four principles—try to buy stocks about examining them; need to learn, unlearn and relearn; buy when there is fear (buy things on discount) and stock markets are unusual. After delivering a wonderful presentation at Taj to a group of Rotarians, Damani spoke to The

  • Sensex breaches 32k-mark, Nifty at a fresh high too

    Mumbai: Breaking boundaries, the benchmark Sensex breached the 32,000 mark for the first time and the NSE Nifty hit a new peak of 9,879 today on strong buzz that a policy rate cut may be on the anvil after inflation touched a “record low”.

  • Indore: Technical glitch hits NSE, city loses Rs 300 cr trade in 3 hours

    Indore: Share market trades of the city came across a tough experience on the opening day of the week, as trading at National Stock Exchange (NSE) could not commence due to technical glitches for three hours. Resultantly, about Rs 300 crore trade could not take place on the day, putting a serious question mark on cyber and digital preparedness of the premier stock exchange of the country.

  • Full-fledged trading resumes on NSE

    Mumbai: Full-fledged trading resumed on the National Stock Exchange of India (NSE) during the mid-afternoon session on Monday after a technical glitch impacted trading during an early-morning session. The stock exchange said that the technical glitch impacted trading on its Cash and Future and Option (F&O) segment during the early-morning trade session, and that the glitch has been resolved.

  • NSE glitch: Apology issued, report sought, BSE quizzed on stock volume

    New Delhi & Mumbai : The finance ministry today sought a report from SEBI on the technical glitch in the National Stock Exchange’s (NSE) system that had led to trading disruptions. Sources at the ministry said it was a technical problem that led to trading disruptions and there was no information about hacking, reports PTI.

  • BSE to relax surveillance actions against 64 firms

    New Delhi : Leading exchange BSE will ease from tomorrow the surveillance action taken against 64 firms, the price movements of which were not commensurate with their financial health. NSE too will relax such action taken against nine firms.

  • Limaye’s exit big loss to COA, says Edulji

     New Delhi : Veteran banker Vikram Limaye will soon leave BCCI’s Committee of Administrators to head the National Stock Exchange (NSE) and that will a big loss to the the already trimmed panel, said COA member Diana Edulji. “It will be a big loss. His inputs have been excellent in all the meetings. He has been a big help in financial dealings,” Edulji told PTI.

  • CDSL has fixed price band at Rs145-149; IPO opens on June 19

    New Delhi : Set to become the first depository to list on domestic stock exchange, BSE promoted CDSL has fixed the price band at Rs 145-149 to raise more than Rs 500 crore from its initial public offering (IPO).

  • SEBI approves Limaye as new NSE chief

    New Delhi : NSE got market regulator Sebi’s approval for appointment of Vikram Limaye as its next chief after he gets relieved from his duties at apex cricket body BCCI. Limaye is a member of a panel appointed by the Supreme Court to administer the Board of Control for Cricket in India (BCCI). However, the appointment had been hanging fire as the regulator was concerned over his role at BCCI.