Mumbai: National Stock Exchange of India Ltd (NSE) will start operations in International Financial Services Centre (IFSC) or the Gujarat International Finance Tec- (GIFT) City in the second half of January, two people directly familiar with the developments said.

“The exchange has received approvals from Registrar of Companies (RoC) to set up NSE IFSC Ltd and NSE IFSC Clearing Corp. Ltd and is in process of applying to Securities and Exchange Board of India (Sebi) for its approval,” the first person said, requesting anonymity.

The benchmark Sensex staged a strong comeback by rising over 300 points in early trade on Thursday on widespread buying by participants tracking a global market in anticipation of the European Central Bank extending stimulus. Also, the broader NSE Nifty again went past the key 8,200-mark in the process.

The 30-share index was trading significantly higher by 314.05 points at 26,551.41 with all the sectoral indices led by metal, auto, PSU and capital goods trading in the green, rising by up to 1.64 %.

The benchmark Sensex rose almost 120 points in early trade on optimistic buying by investors ahead of RBI policy review scheduled for Wednesday.

Firm Asian cues tracking record closing in the US as worries on Italy's political uncertainty faded, bolstered sentiment.

Mumbai: Bouncing back at the fag end of a volatile trade, the Sensex on Monday broke its two-day falling spell by closing over 118 points at 26,349 as bets went up in anticipation of a rate cut at RBI policy review due on Wednesday. Shares of auto and metal sectors did much of the rescue job for the market benchmark. Also, the NSE Nifty rescaled the key 8,100 mark. The 30-share Sensex after shuttling between 26,390.80 and 26,125.35 while it settled 118.44 points or 0.45% higher at 26,349.10.

After rising for most of the week, Indian markets closed in red on Thursday, with the BSE Sensex slipping 92.80 points, or 0.35%, to close at 26559.92. Banking and telecom stocks led the decline.

Nifty lost 31.60 points or 0.38% to settle at 8192.90 at the day's close as markets stayed volatile amid mixed global cues.

The National Stock Exchange (NSE) has extended its concession scheme 'NSE MORE' in the transaction charges for the currency derivative segment till December 31.

Earlier, the scheme was available for a period of three months from July 1 to September 30, and was further extended till November 30.

MUMBAI: The benchmark BSE Sensex surged over 90 points in early trade today, extending its rally to the fourth straight session on continued buying by domestic institutional investors amid expectations of positive GDP data to be released later in the day.

The 30-share index was trading higher by 90.06 points or 0.34%, to 26,484.07 with the sectoral indices led by healthcare, consumer durables, realty, oil & gas and PSUs trading higher.

MUMBAI: The benchmark BSE Sensex climbed 109 points early on Tuesday after investors buying gained steam amid mixed Asian cues.

The 30-share index was trading higher by 108.84 points, or 0.41 per cent, at 26,459.01, with sectoral indices led by metal, oil & gas, PSU, consumer durables, capital goods and realty stocks trading in the positive zone, rising by up to 1.10 per cent.

The BSE Sensex and National Stock Exchange (NSE) Nifty opened on a positive note on Friday, tracking strength in the global markets.

According to a report by Angel Broking, the "Indian market was expected to open on a positive note tracking the SGX Nifty."

After rising for two back-to-back sessions, the stock market turned weak as the benchmark Sensex fell nearly 146 points and the NSE Nifty hung below the 8,000-mark in early trade on Thursday, with participants liquidating positions in view of November month derivatives expiry.

Besides, weak Asian cues as upbeat economic data strengthened prospect of higher US interest rates and the continued free-fall of the rupee against the American currency weighed on sentiment, brokers said.

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