Latest news with #NationalStockExchange
Times of Oman
6 hours ago
- Business
- Times of Oman
Despite global uncertainty, new investor additions surge, 12.7 lakh joined markets in June, highest in 5 months: NSE
Mumbai: The number of investors in the Indian stock market continues to rise, with the National Stock Exchange (NSE) adding 12.7 lakh new investors in June 2025, the highest monthly addition in the past five months. This marks a 15 per cent increase compared to May and reflects a sign of recovery in investor confidence. According to the data released by NSE, this pushed the total unique investor count to over 11.6 crore by the end of June. The report stated, "In June, the NSE added 12.7 lakh new investors, the highest monthly addition in the past five months." However, despite the rise seen in May and June, the overall growth in investor numbers has slowed down in recent months. In the first half of calendar year 2025 (January to June), the average monthly addition of new investors stood at 12 lakhs. This is a significant decline when compared to the first half of calendar year 2024, when the average monthly addition was 19.2 lakh. As per report, the slowdown in new investor registrations has been largely due to global uncertainties such as the imposition of reciprocal tariffs, which were later extended by three months, rising tensions in West Asia, and other geopolitical developments that affected investor sentiment. Among all Indian states, Uttar Pradesh contributed the highest share of new investors in June 2025, accounting for 14 per cent of the total new registrations. This was followed by Maharashtra with 12 per cent, Tamil Nadu and West Bengal with 7 per cent each, and Karnataka with 6 per cent. These five states together made up 46 per cent of the new investor registrations for the month. Uttar Pradesh added 1.8 lakh new investors in June, showing a 13.1 per cent increase from May. In the first half of 2025, the state accounted for 14.1 per cent of total new registrations, slightly higher than its 13.9 per cent share in the previous six months but lower than the 14.9 per cent share recorded in H1 2024.
&w=3840&q=100)
Business Standard
19 hours ago
- Business
- Business Standard
NSE plays down 'world's largest' tag as Brazil's B3 claims top spot
The National Stock Exchange (NSE) has lost its status as the world's largest derivatives exchange by number of contracts to Brazil's B3 for the first seven months of 2025, CEO Ashishkumar Chauhan said during the exchange's quarterly earnings call on Wednesday. Chauhan attributed B3's ascent to its even smaller contract sizes compared to those on the NSE, noting that contract size plays a pivotal role in driving trading volumes. In July, NSE averaged approximately 112.7 million contracts traded per day. The exchange was seen downplaying the "world's largest derivatives exchange" tag amid rising concerns around mounting losses of individual investors and outsized gains made by global trading firms in the domestic market. 'India remains one of the largest derivatives markets globally in terms of contracts traded, reflecting the vibrancy and accessibility of our market,' Chauhan said. 'The average contract size in India is relatively small. The higher volume is largely driven by the smaller contract size of Indian options. In value terms, NSE's options premium turnover is less than one-fifth of US options turnover for stocks." To address concerns over speculative activity, the Securities and Exchange Board of India (Sebi) recently raised the minimum contract size for index F&O contracts to Rs 15 lakh, resulting in larger lot sizes. Additional regulatory measures—such as eliminating calendar spread benefits on expiry days and limiting weekly expiries—have also been introduced, with five out of six reforms implemented so far. These interventions follow data showing that over 90 per cent of retail traders incur losses in F&O trading. The impact has been visible with derivatives trading volumes declining close to 30 per cent from their peak. Also, there has said to be some moderation in high-frequency trading, with some traders adopting a wait-and-watch approach amid regulatory probes, such as the investigation involving Jane Street. ALSO READ: NSE management also advocated for clearer investor eligibility and product suitability criteria to help protect retail participants from excessive losses, alongside reinforced investor education efforts. 'By introducing investor eligibility and suitability norms can help ring-fence retail investors' losses while investor education is enhanced,' an NSE official noted. Concerns over global trade uncertainties and tariffs are contributing to a cautious market sentiment, the management observed. The exchange announced its intent to launch VIX futures, expanding further into volatility-linked products. 'One feedback that has come for us to consider launching Vix Futures, something that we may consider at a suitable point in time," said Sriram Krishnan, Chief Business Development Officer while highlighting NSE's plan for more contracts in the commodity and power derivatives space. Earlier this month, NSE launched electricity futures in the power derivatives segment. Plans were also discussed for expanding colocation rack infrastructure. NSE reported a consolidated net profit of Rs 2,924 crore in Q1 FY26, up 14 per cent from Rs 2,567 crore a year earlier. However, revenue from operations declined to Rs 4,032 crore from Rs 4,510 crore in the same period last exchange confirmed that its two settlement applications relating to colocation and dark fibre are still under consideration by Sebi.
Time of India
19 hours ago
- Business
- Time of India
NSE introduces 20% lower price cap for SME IPO pre-open session from August 4
The National Stock Exchange ( NSE ) on Wednesday said it will introduce a lower price cap of 20 per cent below the issue price for SME initial public offerings (IPO) during the special pre-open session which will be effective on August 4. The move came after an earlier circular issued on July 4, 2024, wherein the NSE had introduced an upper cap of 90 per cent over the issue price during the special pre-open session for Small and Medium Enterprises IPOs. Explore courses from Top Institutes in Please select course: Select a Course Category "To standardize the opening price discovery/ equilibrium price during the special pre-open session across exchanges, exchange (NSE) is introducing a floor (lower band) of 20 per cent below the issue price during the special pre-open session for SME IPOs," the NSE said in a circular. Accordingly, the special pre-open session for SME IPOs on the NSE Emerge platform will have an upper band of 90 per cent over the issue price and a lower band of 20 per cent below the issue price. The price control mechanism will be implemented from August 4, 2025. It will be applicable only to SME IPOs listed on the NSE Emerge platform and will not apply to mainboard IPOs, relisted securities or public debt , NSE said. Live Events According to experts, the price mechanism of upper and lower band will now limit extreme volatility in the initial trading of SME shares.
&w=3840&q=100)
Business Standard
a day ago
- Business
- Business Standard
New India Assurance shares jump 15% post Q1 earnings; details here
New India Assurance share price today: Shares of insurance player, New India Assurance Company, jumped over 15 per cent on Wednesday, July 30, 2025, hitting an intraday high of ₹202.50 per share. On Wednesday, shares of New India Assurance closed at ₹202.62, up 16.77 per cent on the National Stock Exchange. In comparison, Nifty50 settled at 24,855.05, up by 0.14 per cent or 33 points. Around 82 million shares had changed hands on the counter, cumulatively, on the NSE and BSE. Why New India Assurance shares were buzzing in trade today? The heavy buying on the counter came after the insurance company released its earnings for the first quarter of the financial year 2025-2026 (Q1FY26). The company's profit after tax (PAT) for the quarter ended June 30, 2025, experienced a double-digit rise of over 68 per cent to ₹392 crore as against ₹232 crore reported in the corresponding quarter of the previous fiscal year. The company's gross written premium (GWP) increased 13 per cent to ₹13,334 crore from ₹11,788 crore recorded in the year-ago period. The insurance player's combined ratio for the quarter remained largely flat at 116.16 per cent in Q1FY26, slightly up from 116.13 per cent recorded in the same period of the last financial year. New India Assurance's overall assets under management (AUM) for the quarter under review stood at ₹1.008 trillion, up from ₹98,769 crore recorded in the same period of the last financial year. "Our market share as per the GI council statistics for the period increased from 14.65 per cent to 15.51 per cent. The healthy growth rate in domestic business was despite a lower growth in Motor LOB, where we have taken a more cautious approach considering the current competitive intensity," said Girija Subramanian, chairperson and managing director of the company. "Our focus for the remainder of FY26 will remain on further enhancing profitability, with a strong emphasis on launching innovative products aimed at the retail and MSME segments," she added. About New India Assurance Company The New India Assurance Company Ltd. is the largest general insurance company in India in terms of net worth, domestic gross direct premium and number of branches. The company was initially incorporated on July 23, 1919, in Mumbai, Maharashtra, India. It offers a diversified portfolio of insurance products, including fire insurance, marine insurance, motor insurance, crop insurance and health insurance.
&w=3840&q=100)
Business Standard
a day ago
- Business
- Business Standard
Sri Lotus Developers IPO fully booked on Day 1, QIBs lead demand; GMP 29%
Sri Lotus Developers IPO subscription status Day 1: The initial public offering (IPO) of Mumbai-based real estate developer Sri Lotus Developers and Realty opened for subscription today, July 30, 2025. The mainboard public issue is receiving a strong response from investors, as the issue was fully subscribed within a few hours after opening. The issue was subscribed around 2.24 times as of 2 PM on Wednesday, day 1 of the offering, according to data from the National Stock Exchange. The issue received bids for 89.03 million equity shares compared to the issue size of 39.65 million shares. The demand was primarily driven by qualified institutional buyers (QIBs) who subscribed to the allotted quota by 3.54 times, followed by non-institutional investors (NIIs) at 1.68 times, and retail investors at 1.8 times. The portion reserved for employees was booked around 2 times. Sri Lotus Developers IPO GMP On Wednesday, the unlisted shares of Sri Lotus Developers were trading at ₹144, commanding a premium of ₹44 or 29.34 per cent compared to the upper end of the price band of ₹140 to ₹150. Sri Lotus Developers IPO Review Analysts at Anand Rathi Research assigned a 'Subscribe for long term' rating to the Sri Lotus Developers IPO, citing the attractive pricing and the company's strong strategic position in the real estate market of Mumbai's Western Suburbs. Reliance Securities and Deven Choksey Research also recommend 'subscribe' rating to the issue. READ MORE Sri Lotus Developers IPO details The three-day subscription window for the initial public offering will close on Friday, August 1, 2025. The basis of allotment of shares is likely to be finalised on Monday, August 4, 2025. Shares of Sri Lotus Developers will be listed on the bourses, BSE and NSE, tentatively on Wednesday, August 6, 2025. Sri Lotus Developers IPO, worth ₹792 crore, comprises a fresh issue of 52.8 million equity shares and no offer for sale (OFS) component. Sri Lotus Developers has set the price band in the range of ₹140 to ₹150 per share. Retail investors would require a minimum investment amount of ₹15,000 to bid for one lot comprising 100 shares each. Kfin Technologies is the registrar for the issue. Monarch Networth Capital and Motilal Oswal Investment Advisors are the book-running lead managers. According to the red herring prospectus (RHP), the company proposes to utilise the net fresh issue proceeds for investment in subsidiaries Richfeel Real Estate, Dhyan Projects and Tryksha Real Estate for part-funding development and construction costs of their ongoing projects, Amalfi, The Arcadian and Varun, respectively. The remaining funds will be used for general corporate purposes. About Sri Lotus Developers & Realty Mumbai-based Sri Lotus Developers is involved in the development of residential and commercial premises, with a focus on redevelopment projects in the ultra-luxury segment and luxury segments in the western suburbs. It is led by promoter Anand Kamalnayan Pandit. The company classifies its projects into three main categories, including Greenfield Projects, Redevelopment Projects and Joint Development Projects. It specialises in high-end developments, including 2BHK and 3BHK flats priced between ₹3 crore and ₹7 crore, as well as larger units and premium office spaces.
