National stock exchange Current Affairs, GK & News

India raises its share in world market capitalisation

As per Bloomberg data, India accounted for 2.60% of world market capitalisation in June 2021. Highlights India raised its share in world market capitalisation as compared with long-term average of 2.45%. In May 2020, India’s share had dropped to 2.05% when first wave of coronavirus had affected the global equity markets. However, since then, equity ..

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Why did Indian Market suffer the worst one-day fall in seven months?

The SENSEX crashed 1,406.73 points and NIFTY crashed 432.15 points recently. In terms of percentage, SENSEX crashed by 3% and NIFTY crashed by 3.14%. This was the biggest fall in seven months. This is being referred to as “Blood Bath in Dalal Street”. Dalal Street is the address of Bombay Stock Exchange. The main reason ..

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INR-USD Futures and Options Contracts launched by Finance Minister

On May 9, 2020, the Union Finance Minister Smt Nirmala Sitaraman launched the INR-USD Futures and Options contracts in the BSE and NSE platforms. They were launched at the GIFT International Financial Service Centre (IFSC) in Gandhinagar, Gujarat through video conference. Significance The contracts have been launched to increase economic activity and employment in the ..

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Inauguration of AI-powered National Stock Exchange Knowledge Hub by Piyush Goyal

Today, on the 6th of January 2020, the Union Minister of Railways & Commerce and Industry, Piyush Goyal inaugurated the National Stock Exchange (NSE) Knowledge Hub in New Delhi, which is an Artificial Intelligence (AI) powered learning ecosystem that will assist the banking, financial services, and insurance (BFSI) sector. In preparing future-ready talent for the ..

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Girish Chandra Chaturvedi appointed as the Chairman of NSE

The leading stock exchange of India, the National Stock Exchange (NSE) has appointed Girish Chandra Chaturvedi as its new Chairman after getting approval from the Securities and Exchange Board of India(SEBI) on Friday, 6th December 2019. Girish Chandra Chaturvedi completed his post-graduation from the University of Allahabad in Physics, is a retired Indian Administrative Services ..

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