NSE Q3 net profit rises 8 pc to Rs 1,975 crore

The National Stock Exchange (NSE) on Saturday reported an 8 per cent rise in consolidated net profit to Rs 1,975 crore for three months ended December 2023.The consolidated income from operations stood at Rs 3,517 crore for the October-December quarter of the current financial year (2023-24), a surge of 25 per cent year-on-year, NSE said in a statement.

Apart from trading, the total revenue was also supported by other revenue lines, including listing, index services, data services and co-location facility, the exchange added.

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Bloodbath on D-Street! Sensex plunges 1000 points, Nifty closes below 22,000 amidst broad sell-off 

Nifty and Sensex ended Wednesday’s trading session deep in red. The Nifty 50 slumped 338 points at 21,997.70. While the Sensex ended 906.70 points after plunging over 1100 points intra-day at 72,761.89 points. The biggest Index losers included power stocks like Power Grid, Coal India, NTPC and Adani Group stocks like Adani Ports, Adani Enterprises. The Indian Volatility Index (India VIX) closed 5.79% higher. 

 Nifty Bank pulled back over 300 points  to settle at 46,981.30. The Nifty Midcap 100 tumbled over 2200 points and settled down  4%  at 45,971.40. 

On the sectoral front, media and metal stocks fell most among their peers. Similarly, the broader indices saw a heavy selloff, with smallcap and microcap stocks bleeding the most. 

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