Leading stock exchange BSE will shift stocks of seven firms to the restricted trading category from August 26 for not complying with listing obligations and disclosure norms.

In a circular, BSE said it would shift the scrips to the Z group, wherein their scrips would be settled on trade-for-trade basis.

Markets continued to trade firm in late noon trades as gains in financials are offsetting losses amid profit taking at higher levels.

At 2pm , the S&P BSE Sensex rose 168 points at 28,173 and the Nifty50 was up 60 points at 8,684. In the broader market, the BSE Midcap and Smallcap indices were up 0.6%-1% each.

The barometer index, the S&P BSE Sensex, extended gains while the Nifty 50 index traded near the flat line in mid-morning trade. At 12:20 PM, the Sensex was up 55.53 points or 0.2% at 28,119.94.

The Nifty 50 index was currently up 8.80 points or 0.1% at 8,651.35. The Sensex rose 71.49 points, or 0.25% at the day's high of 28,136.10 in early trade. The index fell 40.25 points, or 0.14% at the day's low of 28,024.36 at the onset of trading session.

MUMBAI: Equities jumped today as the benchmark BSE Sensex recaptured the 28,000-level by surging 293 points and NSE Nifty breached the 8,600-mark on continued buying by investors ahead of IIP and inflation data.

Brokers said widening of positions by participants ahead of key economic data -- industrial production (IIP) for June and consumer price index (CPI) for July to be released after market closing today- helped boost trading sentiment.

The Bombay Stock Exchange (BSE) expects around 40 per cent of its existing member base of 1,400 to set up offices at the Gujarat International Finance Tec-city (Gift City) in Gandhinagar.

The exchange has already started marketing the concept to its members and the first road show in India was organised in Ahmedabad.

Bajaj Electricals today reported a 11.94 per cent increase in net profit to Rs 22.87 crore for the first quarter ended June 30.

The company had posted a net profit of Rs 20.43 crore in the same period last fiscal, Bajaj Electricals said in a BSE filing.

Leading stock exchange BSE today said it has got approval from the Corporate Affairs Ministry to establish BSE International Exchange and BSE International Clearing Corporation at Gujarat International Finance Tec-city (GIFT).

The exchange had signed an MoU with GIFT SEZ Ltd in January 2015 to set up the two entities at the GIFT city -- India's first International Financial Services Centre (IFSC).

MUMBAI: Continuing its downward trend, the benchmark BSE Sensex fell almost 74 points in early trade on Thursday as investors engaged in profit-booking in recent gainers amid weak Asian cues.

Market sentiment was also influenced by investors treading cautiously ahead of June IIP and retail inflation data for July to be released on Friday.

Top stock exchange BSE has reported a 40% increase in its consolidated net profit at Rs 52.72 crore for the first quarter ended June 2016.

BSE, which is currently working towards an initial public offer (IPO), had a net profit of Rs 37.52 crore during the April-June period of 2015-16, latest update available with BSE (formerly known as Bombay Stock Exchange) showed.

MUMBAI: Rising for the third straight session, the NSE Nifty closed at an over 15-month high of 8,711.35 and the BSE Sensex jumped over 104 points to 28,182.57 on firm global cues coupled with optimistic buying by investors ahead of the RBI policy meet tomorrow.

Sentiment remained upbeat throughout the day on account of positive Asian cues and a higher opening in the European stock markets, tracking record closing on the US bourses on Friday on the back of strong jobs data.

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