Mumbai, May 5 (IANS) Shares of Voltamp Transformers Limited plunged 20 per cent on Tuesday, hitting the lower circuit after the company reported a sharp decline in earnings for the March 2026 quarter.The stock fell to Rs 10,016 on the National Stock Exchange of India (NSE), wiping out significant investor wealth and dragging the company’s market capitalisation down to Rs 14,649.59 crore.By mid-afternoon session, the stock was trading at Rs 10,116, down over 19 per cent from its previous close …
Latest National Stock Exchange of India News & Updates
New Delhi, May 3 (IANS) Pharmaceutical major Alkem Laboratories has come under regulatory scrutiny after the United States Food and Drug Administration (USFDA) issued inspectional observations at its manufacturing facility in Amaliya, Daman, following a recent audit.The inspection, conducted over 12 days from April 20 to May 1, concluded with the issuance of a Form 483, in which the US regulator flagged seven observations.A Form 483, formally known as a “Notice of Inspectional Observations,”…
Mumbai, May 1 (IANS) India’s stock market activity in April presented a contrasting picture, as strong gains in equities boosted cash market trading, while higher taxes and regulatory tightening weighed on derivatives volumes.Cash market turnover rose 7 per cent during the month, supported by a sharp rebound in equities after the steep correction seen in March.Benchmark indices staged their strongest monthly recovery in over a year, with the Sensex climbing 6.9 per cent and the Nifty advancing…
Mumbai, April 24 (IANS) The Securities and Exchange Board of India (SEBI)on Friday proposed a revised framework for calculating the net worth requirement of stock brokers, seeking to align capital norms more closely with the scale and risk profile of their operations.In a consultation paper, the regulator said the existing methodology — which ties net worth to 10 per cent of the average daily client cash balances retained by brokers — has lost relevance following the implementation of the upst…
Mumbai, March 19 (IANS) India’s stock market has become an attractive destination for foreign investors after the recent correction, a senior official of the market regulator said, highlighting fresh opportunities for global players, including those from Russia.Kamlesh Chandra Varshney, whole-time member of the Securities and Exchange Board of India, said valuations in the Indian equity market now look “quite attractive” following a decline over the past few months.“The correction, which…
Ahmedabad, March 11 (IANS) Shares of Adani Total Gas surged 20 per cent to hit the upper circuit on Wednesday, extending gains even as India faces a deepening natural gas supply crunch.The sharp rally came after the company said domestic piped natural gas (PNG) and compressed natural gas (CNG) used for transport have received priority allocation under a recent order by the Indian Government.The stock also witnessed heavy trading activity during the session. Average volumes at the counter jumped …
New Delhi, March 5 (IANS) Shares of Omnitech Engineering made a weak debut on the Indian stock exchanges on Thursday, listing at Rs 205 on the Bombay Stock Exchange (BSE), nearly 10 per cent below the company’s IPO price of Rs 227 per share.The precision-engineered components maker also listed at a discount on the National Stock Exchange of India, where the stock opened at Rs 202 apiece, about 11 per cent lower than its issue price.Despite the weak start, the stock witnessed buying interest so…
New Delhi, Feb 10 (IANS) The National Stock Exchange of India (NSE) has signed a memorandum of understanding (MoU) with the Department of Posts to enable distribution of mutual fund products through India Post’s extensive postal network, it was announced on Tuesday.Under the three‑year agreement, selected employees of the Department of Posts will be identified, trained, and onboarded as certified mutual fund distributors, according to an official statement.These officials will offer mutual f…
New Delhi, Jan 21 (IANS) Wholly-owned subsidiary of the National Stock Exchange of India, NSEIX informed on Wednesday that it signed a memorandum of understanding (MoU) with Finance Industry Development Council to help non‑banking financial companies raise capital in GIFT IFSC.Finance Industry Development Council is a self-regulatory organisation for Non- Banking Financial Companies (NBFCs).The collaboration will enhance capital market access by facilitating NBFCs in raising funds through the …
Mumbai, Jan 19 (IANS) India continued to remain the fastest-growing major economy in the world, with GDP growth estimated at 7.4 per cent, according to the latest Market Pulse report released by the National Stock Exchange of India on Monday.The report highlights strong macroeconomic stability, rising investor participation, and record fund-raising activity in capital markets during 2025.As per the First Advance Estimates, India’s economic growth stayed well ahead of global peers, supported by…