Mumbai: Indian stocks fell, with the benchmark index erasing a weekly advance, as energy and telecom shares dropped and investors focused on the start of the results season next week.

Bharti Airtel Ltd and Idea Cellular Ltd, the nation’s largest mobile-phone operators, slid more than 2% each after the government said it will recover money from them for understating revenues for four years. Oil and Natural Gas Corp. Ltd (ONGC), the biggest state explorer, retreated for a third day as crude oil traded below $46 a barrel.

The benchmark Sensex fell over 33 points in early trade as investors booked profits in recent gainers amid mixed Asian cues.

The 30-share barometer declined 33.44 points, or 0.12%, to 27,245.32, with sectoral indices led by power, realty, auto, capital goods and IT bringing about the fall.

Adding to its rally for the sixth session, the benchmark Sensex zoomed over 201 points on Monday as investors mounted more bullish bets amid good progress in monsoon rains and firming Asian cues.

The 30-share barometer surged 201.10 points, or 0.74 per cent, to 27,346.01. The gauge had gained 747.20 points in the previous five sessions.

Leading stock exchanges BSE and NSE today launched electronic book platforms for issuance of debt securities worth over Rs 500 crore on private placement basis.

The platforms — BSE-BOND and NSE-EBP (Electronic Debt Bidding Platform) — will facilitate online bidding for private placement of debt securities.

The Sensex surged about 241 points in early trade, with Brexit fears slowly starting to subside amid June derivatives expiry.

The rupee’s improving fortunes against the U.S. dollar buoyed the mood too. On Wednesday, a string of economy-boosting policy decisions taken by the Cabinet, including approval to seventh pay panel recommendations, also brought back investors from the sidelines.

Aiming to create more depth and liquidity in exchange traded funds (ETFs) and equity derivatives, NSE will give discounts in transaction charges of these segments for three months starting from July 1.

The move will also help incentivise trading members to develop retail participation through ETF in Systematic Investment Plan (SIP).

Mumbai: Indian stocks advanced as investors bought companies most-tied to the economy after the UK’s decision to leave the European Union left global markets in disarray.

Drugmaker Lupin Ltd surged the most in three months, while Bharti Airtel Ltd rallied the most in a week. Hindustan Unilever Ltd (HUL) had the steepest advance since 21 March and ITC Ltd, the largest tobacco company, climbed to a one-month high.

Mumbai: The National Stock Exchange of India Ltd (NSE) on Monday said it plans to file papers in January 2017 to sell its shares to the public for the first time. The exchange will also file for an overseas listing of its shares by April 2017, India’s largest stock exchange said in a statement.

“For domestic listing, the board of directors of the exchange—subject to shareholders’ approval—has expressed desire to file the DRHP (draft red herring prospectus) latest by January 2017, after addressing restructuring needs of the exchange and the regulatory requirements for listing,” NSE said.

MUMBAI: Heavy selling pressure from operators and investors at the fag-end of week due to sharp fall in global markets as the UK voted for Brexit, pulled down the sensex by 228 points and Nifty by 82 points.

Pounded by Brexit, stocks and rupee went into a tailspin with the Sensex taking 1,090-point during the intra-day trade on Friday and rupee crashing by 97 paise but late buying by domestic institutions and talking-up by policymakers helped recoup some losses.

Markets edged higher in late trades on Thursday after European shares extended gains after voting started in a historic referendum whether Britain should remain as the member of the European or not.

At 2:40pm, the S&P BSE Sensex was up 212 points at 26,978 and the Nifty50 was up 56 points at 8,260.

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