Stock exchanges News

The currency, debt, and equity markets are also closed and will reopen on Tuesday, March 26.

The Election Commission declared that Lok Sabha elections in Maharashtra will be declared in five phases. 

The IPO subscription window is scheduled to be open from February 22 to 26.

The Securities and Exchange Board of India (Sebi) has also amended the definition of valuer for both REITs and InvITs.

Sebi has already launched a probe after reports recently indicated that price sensitive information relating to major companies listed in Indian stock exchanges were being circulated in WhatsApp groups, prior to the public announcement of quarterly results.

Under Sebi rules, all the financial details of listed companies should be disseminated only through stock exchanges as they are considered price-sensitive.

According to the regulator, the market wide position limit for SLB transactions would be 10 percent of the free- float capital of the company in terms of number of shares.

Accordingly, in view of the operational difficulties being faced by the stock brokers, Sebi asked them to "submit the data as on the last trading day of every month to the stock exchanges on or before the next three trading days till March 31, 2018".

The markets regulator has also asked stock exchanges to have a uniform methodology for computing and monitoring proprietary position limits in the currency contracts.

The country's only IFSC has been set up in GIFT City near Ahmedabad, where both the BSE and the NSE have set up exchanges.

There is also a proposal to align equity market timings with that of commodity derivatives which are traded till late evening hours though exact trade hours are different for different commodities.

Stock exchanges need to harmonise surveillance mechanism and invest in advance technologies to keep a tab on high frequency trades, which can even be used to manipulate markets, says a government study.

Mortgage lender HDFC Ltd proposes to raise Rs 3,500 crore through a private placement basis by issuing non-convertible debentures (NCDs) to shore up long term resources.

Capital market regulator Sebi on Monday said it is "not happy" with the current state of affairs at credit rating agencies and will soon float a discussion paper for a new set of norms for them.

Aiming to improve standards of corporate governance of listed companies, markets regulator Sebi on Friday set up a committee under the chairmanship of Uday Kotak, chief of Kotak Mahindra Bank.

April 27 has been set as record date for the share swap.

Regulator Sebi is mulling allowing institutional investors in a phased manner in commodity derivatives and may soon permit options trading in this market.

The floor price for the QIP offer, made last month, was Rs 1,498.95 a share with option of discount of 5 per cent on discretion.

The markets regulator Sebi on Thursday put in place a new set of norms to enhance the effectiveness of grievance redressal mechanism at stock exchanges and depositories.

Drawing strict timelines for listing of profitable PSUs, the government has mandated launch of initial public offer (IPO) within five-and-half months of a nod from the ministry concerned.