National stock exchange Current Affairs, GK & News

What is India International Bullion Exchange (IIBX)?

Prime Minister Narendra Modi will launch the “India International Bullion Exchange” on July 29, 2022. It will be operationalised at the “Gujarat International Finance Tec-City (GIFT City)”. Key Points On the occasion, Prime Minister Modi will also lay down the foundation stone of IFSC Authority (IFSCA) headquarter building. IFSCA is the unified regulator for development ..

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Ashish Kumar Chauhan: New NSE chief

Ashish Kumar Chauhan is all set to become the new chief of National Stock Exchange (NSE). Key Facts Candidature of Ashish Kumar Chauhan was cleared by ‘Securities and Exchange Board of India (SEBI)’. He will become the managing director (MD) and chief executive officer (CEO) of NSE. Presently, he is the MD & CEO of the ..

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NSE Co-Location Case- Explained

The NSE co-location scam involves market manipulation at India’s largest stock exchange, the National Stock Exchange of India. Certain people got market information ahead of the rest of the market, allowing them to earn huge profits, thus violating the NSE’s demutualization exchange governance and transparency-based system. Overview: Insiders’ alleged collaboration in rigging NSE’s Algo-trading and ..

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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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