Latest news with #AsiaIndex
Time of India
23-05-2025
- Business
- Time of India
Trent, Bharat Electronics enter sensex, Nestle, IndusInd Bank make an exit
Asia Index, an arm of BSE, on Thursday said that effective June 23, Trent and Bharat Electronics will replace Nestle and IndusInd Bank in the sensex . The changes are part of the regular rebalancing process that various indices are subjected to. Asia Index also made changes to five more BSE indices: BSE 100, Sensex 50, Sensex Next 50, and the Bankex. In BSE 100, Dixon Tech, Coforge and Indus Towers will replace Bharat Forge, Dabur India and Siemens. Among the others, in Bankex, IDFC First Bank will replace Canara Bank. In the BSE Sensex 50 index, InterGlobe Aviation and Shriram Finance will be included, replacing Britannia Industries and Hero MotoCorp. Stay informed with the latest business news, updates on bank holidays and public holidays . AI Masterclass for Students. Upskill Young Ones Today!– Join Now
&w=3840&q=100)
Business Standard
21-05-2025
- Business
- Business Standard
Nifty outlook; ONGC, GAIL among Chandan Taparia's top stock picks on May 21
Nifty share price: Nifty index opened on a positive note around the 25,000 mark, but bears took charge from the very first tick, as profit booking was witnessed at higher levels. The index gradually drifted lower throughout the session and eventually slipped below its crucial support of 24,850 zones. Every small bounce was being sold into, indicating persistent selling pressure at higher levels after a long time. Further, the index has been forming lower highs for the last three trading sessions, indicating a cautious undertone in the market. It formed a bearish candle on the daily chart and closed the day near its day's low, ending with losses of over 260 points. Now till it holds below 24,850 zones, profit booking could be seen towards 24,550 then 24,444 zones while hurdles can be seen at 24,850 then 25,000 zones. On the option front, Maximum Call OI is at 25,000 then 25,100 strike while Maximum Put OI is at 24000 then 24,500 strike. Call writing is seen at 25,000 then 24,800 strike while Put writing is seen at 24,500 then 24,300 strike. Option data suggests a broader trading range in between 24,300 to 25,200 zones while an immediate range between 24,500 to 24,900 levels. Bank Nifty share price: Bank Nifty index opened on a flattish note but failed to hold 55,555 zones and gradually drifted lower towards 54,800 zones at the latter part of the session. It formed a Bearish candle on the daily scale as selling pressure was seen at higher levels to close with losses of more than 500 points below 55000 zones. However, rate sensitive index got stuck in a wider range of 1000 points in between 54,500 to 55,500 zones and hovering near its 20 DEMA. Now it has to cross and hold 55,000 zones for a bounce towards 55,250 then 55,555 zones while a hold below the same could see a further decline towards 54,500 then 54,250 levels. Stocks to buy and sell on May 21: Buy ONGC CMP ₹249 | Stop-loss: ₹242 | Target: ₹262 The ONGC stock has given a falling supply trendline breakout on the daily chart with higher-than-average traded volumes. The MACD indicator is rising which confirms the strength of the downtrend. ALSO READ | BSE's Asia Index expands offerings with four new factor-based indices Buy GAIL | CMP: ₹191 | Stop-loss: ₹186 | Target: ₹204 The GAIL Share price has reversed upward from major support levels and is respecting its 50 DEMA support zones with slight dips being bought into. The Stochastic indicator has exited the oversold zones which confirms the positive momentum. Sell MUTHOOTFIN 29th May FUT | CMP: ₹2,033 | Stop-loss: ₹2,110 | Target: ₹1,901 The Muthoot Finance stock has given a range breakdown with a bearish marubozu candlestick which suggests weakness in the stock. The RSI indicator is declining confirming the downward momentum.
&w=3840&q=100)
Business Standard
21-05-2025
- Business
- Business Standard
Stock Market LIVE: GIFT Nifty signals higher start for Sensex, Nifty; Asia-Pacific markets rise
Sensex Today | Stock Market LIVE on Wednesday, May 21, 2025: At 6:32 AM, GIFT Nifty futures were trading 37 points higher at 24,812, suggesting a higher start for the markets. 7:23 AM Stock Market LIVE Updates: Over 92% NSEL traders approve Rs 1,950 crore one-time settlement plan Stock Market LIVE Updates: Over 92 per cent of traders of the National Spot Exchange (NSEL) have approved the one-time settlement amounting to Rs 1,950 crore, the company stated on Tuesday. The company, backed by parent 63 moons technologies, had filed a scheme for settlement in the National Company Law Tribunal (NCLT), Mumbai, for a one-time amicable full and final settlement with 5,682 traders. The matter pertains to the payments crisis in NSEL in 2013, due to which traders' money was stuck for a long period. The settlement was originally proposed by the NSEL Investors Forum. READ MORE 7:16 AM Stock Market LIVE Updates: Loan growth, margin worries likely to weigh on LIC Housing Finance Stock Market LIVE Updates: The LIC Housing Finance (LICHF) results for the financial year 2024-25 (FY25) and Q4FY25 indicated slow loan growth and intensifying competition. The company is trying to move into higher-yield segments. The Q4FY25 net profit grew 25 per cent year-on-year (Y-o-Y) to ₹1,370 crore and the FY25 net profit grew 14 per cent Y-o-Y to ₹5,430 crore. READ MORE 7:15 AM Stock Market LIVE Updates: BSE's Asia Index expands offerings with four new factor-based indices Stock Market LIVE Updates: Asia Index, a subsidiary of BSE, on Tuesday launched four factor-based indices as part of its ongoing revival efforts over the past year. The company became a wholly-owned subsidiary of BSE in June last year after the exchange bought the stake previously held by S&P Dow Jones Indices. The indices launched include BSE 500 Enhanced Value 50, BSE 500 Low Volatility 50, BSE 500 Momentum 50, and BSE 500 Quality 50. According to the company, a key differentiator compared to similar offerings from NSE Indices is the frequency of rebalancing. The BSE indices will be rebalanced on a quarter-wise basis. 7:11 AM Stock Market LIVE Updates: Asia-Pacific markets mostly rise Stock Market LIVE Updates: Asia-Pacific markets mostly rise -- ASX 200 up 0.69 per cent -- Nikkei down 0.17 per cent -- Kospi up 1.08 per cent 7:08 AM Stock Market LIVE Updates: US markets end lower
&w=3840&q=100)
Business Standard
20-05-2025
- Business
- Business Standard
BSE's Asia Index expands offerings with four new factor-based indices
Asia Index, a subsidiary of BSE, on Tuesday launched four factor-based indices as part of its ongoing revival efforts over the past year. The company became a wholly-owned subsidiary of BSE in June last year after the exchange bought the stake previously held by S&P Dow Jones Indices. The indices launched include BSE 500 Enhanced Value 50, BSE 500 Low Volatility 50, BSE 500 Momentum 50, and BSE 500 Quality 50. According to the company, a key differentiator compared to similar offerings from NSE Indices is the frequency of rebalancing. The BSE indices will be rebalanced on a quarter-wise basis. 'The introduction of quarterly reconstitution schedule in our factor indices will enable factor signals to capture the most recent financial and stock price data,' said Ashutosh Singh, managing director and chief executive officer of Asia Index. Also Read Since the change in ownership, it has intensified its focus on index development. In FY25, it unveiled 20 indices, including differentiated offerings such as the BSE 1000. The company is aiming to recover lost ground after lagging behind NSE Indices in index creation during the final five years of joint ownership. 'In terms of market share, we are way below. The priority is to look at our product profile and launch indices based on discussions with mutual funds. This year, our focus is going to be on launching a lot more indices,' Singh added.
Economic Times
20-05-2025
- Business
- Economic Times
BSE launches value, quality and two other factor indices with quarterly reconstitution
Asia Index, a BSE subsidiary, launched four new factor-based indices from the BSE 500 universe with quarterly reconstitution. These indices—Value, Low Volatility, Momentum, and Quality—enable smarter passive strategies and benchmarking, supporting India's growing demand for factor investing through a transparent, rules-based framework. Tired of too many ads? Remove Ads Tired of too many ads? Remove Ads Asia Index Private, a wholly owned subsidiary of BSE, today announced the launch of 4 new BSE Factor Indices from BSE 500 Index Universe with the introduction of quarterly reconstitution for these factor based Indices for the first Indices have a base value of 1000, and the first value date is June 20, 2005. The constituents are additionally screened for their liquidity profile and are capped at 4%.The growth of India`s Factor Investing is helping bridge the gap with global markets and meet the demand from sophisticated domestic investors looking for factor-based investing indices launched today include BSE 500 Enhanced Value 50, BSE 500 Low Volatility 50, BSE 500 Momentum 50, and BSE 500 Quality 500 Enhanced Value 50 measures the performance of the 50 companies in the BSE 500 Index with the most attractive valuations, based on their value scores. BSE 500 Low Volatility 50 measures the performance of the 50 least volatile companies in the BSE 500 Index and the constituents are weighted by their inverse volatility 500 Momentum 50 measures the performance of the 50 companies in the BSE 500 Index that exhibit the most momentum adjusted for volatility, based on their momentum scores. BSE 500 Quality 50 measures the performance of the 50 highest quality companies in BSE 500 Index, based on their quality scores.'We are pleased to announce the launch of four new factor indices expanding our suite of smart beta offerings. These indices are designed to provide market participants with targeted exposure to key investment factors such as value, low volatility, momentum, and quality using a transparent and rules-based approach. The introduction of quarterly reconstitution schedules in our factor indexes will enable factor signals to capture the most recent financial and stock price data,' said Ashutosh Singh, MD and CEO of Asia Index new indices can be used for running passive strategies such as ETFs and Index Funds as well as gauging the performance of various sectors in India. It can also be used for benchmarking PMS strategies, MF schemes and fund can now access a broader spectrum of market opportunities, further enriching their investment strategies with this latest addition to BSE's suite of indices.
