BSE | azlyrics.org.uk

Ashishkumar Chauhan has resigned as managing director and CEO of BSE and has been relieved of his roles and responsibilities at the exchange, the bourse said. Chauhan will be joining rival National Stock Exchange (NSE) as managing director and chief executive officer (CEO).

Securities and Exchange Board of India (Sebi) has approved the appointment of Ashish Kumar Chauhan as the MD & CEO of the National Stock Exchange (NSE). His appointment is subject to acceptance of the offer made to him and fulfilment of terms & conditions, including approval from shareholders of NSE.

The country’s oldest stock exchange BSE has also embarked on a search for a chief executive and managing director ahead of incumbent Ashish Kumar Chauhan’s term ending in November.

The market capitalisation (m-cap) of BSE-listed companies on Thursday crossed the historic Rs 200 lakh crore mark for the first time, driven by a continuous rally in the broader market. Riding high on the bullish investor sentiment, the market capitalisation of BSE-listed companies reached a record Rs 2,00,47,191.31 crore at close of trade.

Equity indices slipped on Friday with the benchmark BSE sensex falling nearly 550 points amid profit booking. Sensex plunged 549 points or 1.11 per cent to close at 49,035; while the broader NSE Nifty moved 162 points or 1.11 per cent lower to settle at 14,434.

Equity indices continued to march higher on Monday tracking gains in IT stocks and massive foreign fund inflow. The benchmark BSE sensex jumped 487 points or 1 per cent to hit fresh record closing of 49,269; while the broader NSE Nifty moved 138 points or 0.96 per cent higher to settle at 14,485. Top gainers … Continue reading Sensex settles above 49,000-mark for first time

Sensex, Nifty hit fresh closing highs

Posted on

Equity indices scaled new peaks on Monday as investors cheered the government’s decision to approve emergency use of two Covid-19 vaccines. The benchmark BSE sensex jumped 308 points or 0.64 per cent to finish at 48,177; while the broader NSE Nifty moved 114 points or 0.82 per cent to settle at 14,133.

Equity indices finished in red on Thursday with the benchmark BSE sensex sliding over 700 points amid foreign fund outflows and weak global cues. Sensex slipped 709 points or 2.68 per cent to close at 33,538; while the broader NSE Nifty closed 214 points or 2.12 per cent lower at 9,902.

Stock exchanges have come forward to help the SME segment, the business group affected the most because of the Covid-19 pandemic. BSE and NSE have both announced a 25% cut in annual listing fees for all SMEs in fiscal year 2021. Currently, there are about 530 SMEs listed on the two bourses together.

Equity indices finished in green on Tuesday with the benchmark BSE sensex rising over 150 points amid positive cues from the global markets. The 30-share BSE index closed 167 points or 0.56 per cent higher at 30,196; while the broader NSE Nifty finished 56 points or 0.63 per cent higher at 8,879.

Equity indices finished in red on Monday with the benchmark BSE sensex falling over 1,000 points led by losses in bank and financial stocks as the government extended the coronavirus induced nationwide lockdown to May 31, as cases continue to rise steadily.

Equity indices finished on a positive note on Wednesday with the benchmark BSE sensex rising 637 points or 2.03 per cent to close at 32,009 led by financial stocks. Similarly, the broader NSE Nifty jumped 187 points or 2.03 per cent higher to finish at 9,384.

Equity indices fell sharply on Monday with the benchmark BSE sensex plunging over 2,000 points amid heavy sell-off in banking and metal stocks. The 30-share BSE index crashed 2,002 points or 5.94 per cent to close at 31,715; while the broader NSE Nifty finished 566 points or 5.74 per cent lower at 9,293.