As many as 189 companies or nearly 13% of the 1,457 NSE -companies missed the March 31 deadline of appointing a single woman director on their boards, according to a compilation by Prime Database.

The number stood at 245 companies as on 4:30pm on March 31. More than 50 companies including Adani Enterprises on Wednesday announced the appointment of women directors, even as many others including some state-run giants lagged behind in getting a female member on their board to comply with a new regulatory requirement.

Markets recovered from day's lows but continued to remain volatile helped by a rebound in bank and information technology shares even as select index heavyweights capped upside gains.

At 2:30PM, the 30-share Sensex was up 6 points at 27,463 and the 50-share Nifty was down 8 points at 8,334.

Benchmark share indices extended losses for the third straight day as investors booked profits at higher levels with ICICI Bank and FMCG majors leading the decline.

The 30-share Sensex ended down 208 points at 28,261 and the 50-share Nifty closed 64 points lower at 8,571.

BSE Sensex and NSE Nifty closed more than 1% lower on Friday as the retail inflation data dampened hopes of a rate-cut by the Reserve Bank of India (RBI) in April and fear of a US Fed rate-hike in June put emerging market currencies under pressure.

“There are no key triggers for the markets, currently. While markets opened higher amid optimism from the passage of the insurance bill in the Rajya Sabha, it doesn’t come across as a great surprise as it was a long-pending issue.

India’s broader NSE Nifty index rose to a record high on Tuesday led by gains in Reliance Industries after CLSA said the conglomerate could report a record profit for the fourth quarter, while hopes of higher weightage in the MSCI index also helped.

The 50-share index rose as much as 0.45 pct to 8,996.80, surpassing its previous record high of 8,996.60 hit on Jan. 30.

ITC has dipped 9% to Rs 358 on National Stock Exchange (NSE) after the finance minister proposed to some changes in excise duty on cigarettes.

The stock has fallen nearly 13% from its record high of Rs 410 touched during intra-day trade today.

ITC has dipped 9% to Rs 358 on National Stock Exchange (NSE) after the finance minister proposed to some changes in excise duty on cigarettes.

The stock has fallen nearly 13% from its record high of Rs 410 touched during intra-day trade today.

The country’s biggest bourse, the National Stock Exchange (NSE), plans an international exchange at Gujarat’s ‘GIFT City’, the country's first proposed international financial services centre.

The exchange signed a memorandum of understanding (MoU) on Thursday with the GIFT City project developers in Ahmedabad, in the presence of Gujarat’s finance minister, Saurabh Patel. NSE’s rival, BSE Ltd, had signed a similar undertaking with the Gujarat government last month.

Mumbai: Idea Cellular Ltd and Yes Bank Ltd will replace DLF Ltd and Jindal Steel and Power Ltd in the benchmark Nifty index , according to a statement issued by India Index Services and Products Ltd, a subsidiary of the National Stock Exchange of India Ltd (NSE).

The changes made by the index maintenance sub-committee are part of its periodic review and will become effective from 27 March, it said. Apart from changes in the Nifty, revisions have been made in 21 other sectoral and theme-based indices of the exchange.

The BSE benchmark Sensex and the broader Nifty ended the truncated week with modest gains as caution prevailed ahead of the Union Budget due next week.

The week saw every market surge was frequented by volatility over uncertain global peers due to huge debt repayment talks between Greece and Eurozone ministers hogged the limelight.

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