Capital market regulator has directed mutual funds to value their physical gold and silver using the polled prices, which are used for settling derivatives contracts of recognised stock exchanges. AMFI…
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Standard Chartered Securities bets on consumption to boost the economy
Standard Chartered Securities believes consumption as a theme will be the key driver to boost the economy in the coming days with the government’s focus on putting more money in…
Derivatives need guardrails as market grows: NSE CEO
India’s derivatives market may need entry thresholds similar to those in global markets as participation widens and vulnerable investors slip into excessive speculation, said the National Stock Exchange CEO Ashishkumar…
NSE sounds out bankers, law firms for IPO process
The National Stock Exchange of India (NSE) has reached out to investment banks and legal firms for advisory roles for its long-awaited initial public offering, according to people familiar with…
Broker’s Call: Bajaj Consumer Care (Buy)
Target: ₹445 CMP: ₹402.75 Bajaj Consumer Care Ltd (BCCL), part of the Shishir Bajaj group, has a dominant market position with its brand Bajaj Almond Drops Hair Oil (ADHO) commanding…
Sebi warns investors against fake STT notices, flags market scams
The Securities and Exchange Board of India (Sebi) has cautioned investors against fake notices demanding payment of securities transaction tax (STT). In a notice issued on Thursday, the market regulator…
S&P 500, Nasdaq muted as concerns over AI bubble weigh
The S&P 500 and the Nasdaq were muted at the open on Thursday, as concerns over a potential artificial intelligence (AI) bubble continue to weigh despite Nvidia’s stellar earnings. At…
Sebi mandates mutual funds value gold, silver using domestic prices
The Securities and Exchange Board of India (Sebi) has changed how mutual funds value physical gold and silver, directing them to move from global benchmark pricing to domestic spot prices.…
Sebi tightens social media norms, mandates registration disclosures
Mumbai: The Securities and Exchange Board of India (Sebi) has directed all regulated entities and their agents to disclose their registered name and registration number on social media platforms, tightening…
Salesforce shares down 4% in premarket on weak guidance, raising concerns over AI competition
Salesforce shares are likely to open Thursday’s session lower on Wall Street, as they traded 4% lower in pre-market trade at $183.79 on the NYSE after the cloud software provider…