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Category: Market
Gold, silver rates today: Comex gold drops $59/oz; silver falls $3.60 as US dollar remains strong
The demand for gold and silver has largely remained subdued throughout this week as a strengthening US dollar and concerns over a delay in US interest rate cuts have capped…
Rupee hits fresh low on crude surge; RBI likely intervenes
The Indian rupee fell to an all-time low of 92.48 against the dollar on Friday, as a surge in crude oil prices due to the ongoing US-Iran war and a…
Wall Street: Dow Jones, S&P 500, Nasdaq rebound after economic data amid escalating Mideast turmoil
Major stock indices on Wall Street bounced back on Friday, clawing back from the significant losses in the prior session. This market recovery comes as investors digest a fresh batch…
SEBI caps MFs intraday borrowings to 20% of net assets
Capital market regulator SEBI has introduced a new regulatory framework for borrowing for mutual funds to meet the redemption of debt and equity-oriented index and equity ETFs. The borrowing limit…
India’s forex reserves fall most in over a year on central bank’s rupee defence
India’s foreign exchange reserves fell to $716.81 billion in the week through March 6 from $728.49 billionin the previous week, Reserve Bank of India data showed on Friday. The $11.68…
Innovision IPO sees tepid response on Day 4; subscribed 0.31 times, GMP signals flat listing
The initial public offering (IPO) of , a manpower and toll plaza management services provider, which was extended by another three days due to weak response from investors, has continued…
Global AMC BlackRock raises stake in this housing finance company. Details here
BlackRock, an American multinational investment company, has further boosted its stake in . The world’s largest asset manager, in its filing with BSE, stated that it acquired an additional 562,942…
A rival’s listing, a possible advantage for BSE
The National Stock Exchange (NSE) has begun the IPO process in earnest. With the appointment of investment bankers and law firms, the listing process is expected to gather pace. However,…
Sebi removes upper limit on intraday borrowing for mutual funds to manage liquidity
The Securities and Exchange Board of India (Sebi) has removed the upper limit on intraday borrowing by mutual funds, allowing them to temporarily borrow beyond the earlier limit to manage…