BSE Ltd (BSE)

Finance Minister Urges BSE to Enhance Investor Confidence - 16 May, 2024

During an event, Finance Minister Nirmala Sitharaman urged the Bombay Stock Exchange (BSE) to collaborate closely with SEBI to enhance investor confidence through stringent compliance and robust regulatory standards. She also cautioned retail investors about risks associated with derivatives market.

BSE Ltd's Market Share Rises to Nearly 20% in a Year - 15 May, 2024

Under the leadership of newly-appointed MD & CEO Sundararaman Ramamurthy, BSE Ltd's market share has gone up from zero to nearly 20% in a year since relaunching its index derivatives. In an interview with Samie Modak, Ramamurthy explains how Asia's oldest stock exchange gained ground.

BSE Urged to Ensure Stringent Compliance by Finance Minister - 14 May, 2024

Union Finance Minister Nirmala Sitharaman has urged the Bombay Stock Exchange (BSE) and National Stock Exchange (NSE) to work closely with the market regulator SEBI to ensure stringent compliance and robust regulatory standards. Additionally, BSE data shows that one-fourth of total trading volume in April originated from a mobile trading app.

Companies' Q4 Revenue and Profit Rise - 12 May, 2024

A Mint analysis shows that the combined revenue of companies reporting their March-quarter financial results has risen 14.4% YoY, while net profit has risen 24.7%. Excluding BFSI sectors, topline grew 6.9%, but profits were down 8%.

BSE Reports Strong Q4 Results, Trading Closed on May 20 - 11 May, 2024

BSE Ltd reports a strong Q4 performance with significant YoY increases in topline and profit. The exchange will be closed on May 20 for the general elections.

BSE Implements Measures to Mitigate Options Price Spikes - 10 May, 2024

The BSE implements measures to prevent sudden spikes in options prices and plans to increase the number of traders for its derivative products and foreign portfolio investors. The exchange also reported strong financial results for FY2024. However, BSE-listed firms lost Rs 7.34 lakh crore in market capitalisation due to a heavy beating on May 10.

BSE Reports Strong Financials; Sebi Extends Settlement Scheme Period - 09 May, 2024

BSE Ltd reported strong financial results for Q4FY24 and FY24, with consolidated net profit rising steeply YoY. The company also declared a final dividend of Rs 15 per share. Additionally, Sebi extended the settlement scheme period for entities involved in reversal trades on BSE in 2014 and 2015. S&P Dow Jones is in talks to divest its equity stake in Asia Index Private Limited.

BSE Reports Strong Financial Performance; To Launch Single Stock Futures - 08 May, 2024

BSE Ltd reports a strong financial performance with Q4 net profit jumping 16% to Rs 107 crore and revenue for FY24 being the best-ever at Rs 1,618 crore. The exchange also announces plans to launch single stock futures from July 1 and has readied 100 colocation racks to deepen the market and improve participation from algo and high frequency traders.

BSE Plans to Launch Options Contracts Based on Top Indices - 06 May, 2024

The Bombay Stock Exchange (BSE) is set to launch options contracts based on the indices of the top 50 and top 100 companies by market value, as part of its aggressive strategy that has pushed up its market share in derivatives trading from less than one percent to 17 percent. The Securities and Exchange Board of India (Sebi) is scrutinizing incentives given by exchanges to brokers.

BSE Plans to Launch Options Contracts; Investors Wealth Eroded - 03 May, 2024

The BSE is set to launch options contracts based on indices of the top 50 and top 100 companies by market value, while investors' wealth was eroded by Rs 2.25 lakh crore as the BSE Sensex tanked 733 points amid profit-taking and worries over premium valuations of local stocks.

BSE Hikes Trading Charges Amid Market Rebound - 02 May, 2024

BSE revises transaction charges for equity derivatives segment's options contracts while raising prices on primary option contracts tied to Sensex and Bankex indexes. Analysts suggest that this move will reduce the impact of SEBI's higher fees on earnings. Additionally, over 2,400 BSE-listed stocks ended with gains in April amid a sharp market rebound from March lows.

BSE and NSE Closed for Two Days in May - 01 May, 2024

The Bombay Stock Exchange (BSE) and National Stock Exchange (NSE) will be closed on May 1 for Maharashtra Day and May 20 due to the Lok Sabha Elections. Trading in derivatives, equities, SLBs, currency derivatives, and interest rate derivatives will remain shut.

BSE Stock Affected by SEBI Directive and Holiday Closure - 30 Apr, 2024

The Bombay Stock Exchange (BSE) experienced a sharp fall following the SEBI's directive to pay regulatory fees on notional turnover for options instead of premium. Additionally, both NSE and BSE will be closed on May 1st due to Maharashtra Day.

BSE Shares Record Biggest Intraday Fall - 29 Apr, 2024

Shares of BSE Ltd fell by over 13% - the biggest intraday fall ever recorded - after the market regulator asked the exchange to pay a regulatory fee on the annual turnover based on the notional value of the options contract. Analysts predict a hit on BSE's profit for the next two financial years and an overall decline in earnings per share.

BSE and NSE to Remain Closed in May - 28 Apr, 2024

Both the Bombay Stock Exchange (BSE) and National Stock Exchange (NSE) will be closed on May 1 for Maharashtra Day and May 20 due to general elections.

SEBI Penalizes BSE for Inadequate Fee Payment - 26 Apr, 2024

The BSE has been penalized by SEBI for discrepancies in fees paid on derivatives contracts. Additionally, the exchange will face a larger outgo due to regulatory clarity on fees. The BSE and NSE will also be closed on May 1 for Maharashtra Day.

BSE Ltd Market Capitalisation Surges by Rs 8.48 Lakh Crore in Four Days - 25 Apr, 2024

The BSE benchmark has climbed nearly 2% amid firm global trends, leading to a surge of Rs 8.48 lakh crore in market capitalization (mcap) of BSE-listed companies over four days.

BSE Shares Hit Record High Amid Upgrades - 23 Apr, 2024

Shares of BSE Ltd have risen 35% in the last month and nearly 7x in the last year, hitting a new record high. Brokerage firm Investec upgraded BSE to buy with a price target of ₹2,800. However, there are risks associated with BSE's business, including regulatory clampdowns and slowdowns in equity market participation.

BSE Files Complaint Against Deepfake Video, SME Market Value Crosses Rs 1.5 Lakh Crore Mark - 22 Apr, 2024

The BSE has filed a police complaint against unknown persons behind a deepfake video that purportedly shows its CEO doling out stock tips. The market capitalisation of companies listed on BSE's SME platform crossed the Rs 1.5 lakh crore mark for the first time ever. Ladakh topped the chart in client growth among states and union territories.

BSE Cautions Against Fraudulent Videos, Issues Clarification - 19 Apr, 2024

The Bombay Stock Exchange (BSE) has cautioned investors against fraudulent videos and audios recommending investments in stocks and shares. Additionally, the BSE issued a clarification regarding a fake video circulating on social media purportedly featuring MD and CEO Sundararaman Ramamurthy.