SC quashes Bombay HC order penalising SEBI, BSE, NSE in ‘account freezing’ case
The penalty was imposed for the 'erroneous freezing' of the demat accounts of two Mumbai residents who were 'erroneously' classified as promoters.
The penalty was imposed for the 'erroneous freezing' of the demat accounts of two Mumbai residents who were 'erroneously' classified as promoters.
Things were rolling along fine for the markets until the FED meeting. Thursday, saw US markets fall as thoughts of an impending recession hit the markets overseas.
Sundararaman Ramamurthy, the Managing Director and Chief Executive Officer (CEO) of the Bombay Stock Exchange (BSE) lauded the Union Budget and its nine priorities for thrust on the middle-class and inclusiveness of all segments including poor
At close, the Sensex was up 0.56% at 79,476 and the Nifty was up 0.55% at 24,142.
The company recently got listed on the Bombay Stock Exchange (BSE), marking a new chapter in its growth trajectory.
The debt-ridden realty firm has appointed Abhay Narayan Manudhane as the interim resolution professional (IRP) to run the insolvency proceedings. HDIL's downfall is a pointer to the crisis the real sector is going through.
In the previous session, the BSE barometer ended 382.91 points, or 1.02 per cent, lower at 37,068.93, and the Nifty shed 97.80 points, or 0.89 per cent, to finish at 10,948.30.
The scrip gained 5.11 per cent to Rs 1,647.30 on the BSE. At the NSE, shares jumped 5.13 per cent to Rs 1,647.55.
Investors distanced themselves from Yes Bank counter after the bank reported a 91 per cent fall in its profit at Rs 113.76 crore, down from Rs 1,260.36 in the comparable period last year.
Yes Bank jumped by 12 per cent on the BSE over reports that the company is set to get capital infusion from a US-based private equity investor
