Digital Dividend
The proposed public listings of Jio Platforms and the National Stock Exchange (NSE) are being viewed primarily through the prism of their size.
The proposed public listings of Jio Platforms and the National Stock Exchange (NSE) are being viewed primarily through the prism of their size.
The National Stock Exchange (NSE) filed a draft red herring prospectus (DRHP) with the Securities and Exchange Board of India (SEBI) on Wednesday, June 17, according to official documents.
Vedanta Group's four newly demerged companies will begin trading on the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE) on June 15, Monday, according to stock exchange filings.
Investors earned about Rs 6 lakh crore as the overall market capitalisation of BSE-listed firms rose to Rs 451 lakh crore from nearly Rs 445 lakh crore in the previous session.
Broad-based buying lifted midcap and smallcap stocks as global markets rallied, but analysts remain cautious and advise selective investing amid ongoing volatility.
The benchmark Sensex opened at 36,575.24 from its Tuesday's close of 36,562.91. At 10.01 a.m., the Sensex was up 34.25 points or 0.09 per cent at 36,597.16.
The IHS Markit India Manufacturing Purchasing Managers’ Index (PMI) weakened to 51.4 in August, its lowest mark since May 2018, from 52.5 in July.
Consequently, India 'VIX', or the volatility index- the market expectation of volatility over the near-term - closed sharply higher. The VIX closed on Tuesday at 18.60, after it had surged nearly 12 per cent in a single session.
At 9.32 a.m., the Sensex was down 402 points at 36,930.66. The benchmark Sensex opened at 37,181.76 from its previous close of 37,332.79.
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.
