BSE Ltd (BSE)

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.

BSE Warns Investors Against Deepfake Videos Impersonating CEO - 18 Apr, 2024

The Bombay Stock Exchange (BSE) has cautioned investors about fake, unauthorised and fraudulent videos and audios impersonating its managing director and chief executive officer Sundararaman Ramamurthy doing the rounds on social media. BSE also assigns BASL as an IAASB to verify and process applications for investment advisers.

BSE Ltd to Remain Closed on Account of Ram Navami - 17 Apr, 2024

The Bombay Stock Exchange (BSE) will remain closed on April 17, 2024, due to the celebration of Ram Navami. Trading in derivatives, equities, SLBs, and currency derivatives, as well as interest rate derivatives, will be shut for the day. Trading will resume on Wednesday, April 18.

BSE Implements New Mechanism Amid Market Losses and Merger News - 16 Apr, 2024

The Bombay Stock Exchange (BSE) implemented a new limit price protection mechanism while the Indian stock market lost Rs 5.18 lakh crore due to Middle East conflict. Both BSE and NSE were closed on April 17, 2024, for Ram Navami. Additionally, India INX merged with NSE IFSC Ltd.

BSE Ltd Hits Record High; Analysts Recommend Buying - 15 Apr, 2024

BSE Ltd has hit a fresh record high with experts suggesting that the rally may not be over yet. Short-term traders can look to buy the stock for a target of Rs 3,000. The BSE and NSE will remain closed for trading on Wednesday.

BSE Ltd Shares Rise 41% in a Month - 14 Apr, 2024

BSE Ltd shares have risen by 41% in the last month, recovering from prior weakness. The company's P/E ratio of 50.3x might make it look like a strong sell right now compared to the market in India. However, estimates suggest earnings should grow by 6.8% over the next year, which is materially lower than the 24% growth forecast for the broader market.

Sensex Plunge Wipes Out Rs 2.52 Lakh Crore of Investor Wealth - 13 Apr, 2024

The BSE-listed companies' market capitalisation declined by Rs 2,52,301.16 crore ($4.79 trillion) due to heavy selling after a recent record-breaking rally. The sell-off was triggered by rising inflation and fading hopes of a rate cut in the near future.

BSE-listed Stocks Cross ₹400 Trillion Market Cap - 12 Apr, 2024

The combined market capitalization of all BSE-listed stocks exceeded ₹400 trillion for the first time on 8 April, buoyed by favourable global cues and easing crude oil prices. Foreign portfolio investors (FPIs) have maintained a bullish stance on Indian equities with a combined inflow of ₹38,227 crore over the past three months.

BSE and NSE Closed for Holiday - 11 Apr, 2024

The Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE) will be closed on April 11, 2024, due to the holiday of Id-Ul-Fitr (Ramzan Id), with trading in derivatives, equities, SLBs, currency derivatives, and interest rate derivatives also suspended.

BSE Markets Closed for Ramzan Id; CEO Outlines Derivative Market Growth Plan - 10 Apr, 2024

The BSE and NSE equity markets will be closed on April 11 for the occasion of Eid-Ul-Fitr. Meanwhile, BSE CEO Sundararaman Ramamurthy has outlined a growth plan for the derivative market in India, with plans to introduce more products.

BSE Ltd Market Capitalization Reaches All-Time High - 09 Apr, 2024

The market capitalization of BSE-listed companies reached an all-time closing high of Rs 400.86 lakh crore, while Sensex hit a new milestone by crossing the 75,000 mark. The Indian stock, bond, and commodity markets will be closed on April 11 due to Ramadan Eid.

BSE Market Cap Hits Record High of Rs 400 Lakh Crore - 08 Apr, 2024

The combined market capitalisation of all listed companies on BSE crossed Rs 400 lakh crore for the first time ever on April 8, 2024. This was backed by continued momentum in blue-chip, small-cap, and mid-cap indices, with strong corporate earnings, positive investor sentiment, and heavy domestic and international inflows leading to significant growth.

BSE Ltd focuses on reviving derivatives segment - 05 Apr, 2024

BSE CEO Sundararaman Ramamurthy aims to deepen the market and attract more institutional presence by relaunching derivatives on Sensex 30, with 350 brokers and 13 software developers supporting them. BSE's share in F&O segment has risen from low single digits to over 15%.

RBI Requires Traders to Show Plan for Currency Value Changes - 03 Apr, 2024

The RBI has released a circular stating that traders must show they have a plan to deal with changes in currency value if they want to trade in currency markets run by exchanges like the BSE. The new rule will be effective from 5 April.

BSE's Derivatives Popularity Drives Market Share Growth - 02 Apr, 2024

BSE Ltd has seen significant growth in its derivatives contracts, with the Sensex contract commanding about 40% of the market share. However, new regulations requiring underlying exposure for rupee-based currency contracts may dry up volumes. Despite this, BSE's stock broke its all-time high resistance mark and looks positive for the next few weeks.

Mixed Day for BSE Ltd Amid Market Highs and Regulatory Scrutiny - 01 Apr, 2024

BSE Ltd faces regulatory scrutiny over currency derivatives while its shares struggle for direction. The market hits all-time highs amid positive sentiment.

HDFC Institutional Equities Sees 21% Upside Potential for BSE Ltd Stock - 29 Mar, 2024

HDFC Institutional Equities has assigned a target price of Rs 3,050 for BSE Ltd stock, suggesting a 21% potential upside. The brokerage expects revenue and EPS CAGR of 34%/42% over FY24-26, led by transaction revenue revival. BSE has attained a 20% notional and 7% premium market share, largely driven by the rising popularity of its derivatives contracts.