Precious metals — gold and silver — rebounded sharply in the evening session on Monday, 23 March, after US President Donald Trump said the US and Iran had held productive…
Category: Market
Nifty drops 2.6% as Dalal Street slump deepens amid global rout
The bloodbath on Dalal Street deepened on Monday, with benchmark indices extending losses amid the ongoing West Asia War, in line with a broader global rout. The Nifty 50 fell…
No room for insinuations, says Sebi chief after HDFC Bank chairman’s exit
If there are concerns, they must be explicitly disclosed and substantiated rather than left to insinuations, Securities and Exchange Board of India (Sebi) chairman Tuhin Kanta Pandey said on Monday,…
SEBI eases norms for InvITs, REITs to boost operational flexibility
The Securities and Exchange Board of India (SEBI) on Monday cleared amendments to the Infrastructure Investment Trust and Real Estate Investment Trust regulations, allowing InvITs to continue holding investments in…
Rupee crosses 94/$ mark for first time, set for worst fiscal year fall since 2014
The Indian rupee slipped to another fresh low against the US dollar in trade on 23 March, as the greenback’s steady rise, persistent selling by foreign portfolio investors (FPIs), and…
Gift Nifty jumps 800 points as Dalal Street watches West Asia for next move
With US President Donald Trump having extended his 48-hour ultimatum to Iran by five days, Gift Nifty, along with global stocks, recovered sharply. However, analysts cautioned against reading too much…
SEBI eases AIF winding-up norms, allows retention of proceeds in select cases
The Securities and Exchange Board of India (SEBI) on Monday eased winding-up norms for Alternative Investment Funds (AIF) Regulations and surrendering registration. Under the revised framework, AIFs will be allowed…
“Independent directors must act responsibly”: SEBI chief on HDFC Bank Chairman’s exit
The chairman of the Securities and Exchange Board of India on Monday said independent directors must act responsibly and avoid making unsubstantiated remarks. His comments follow on the abrupt resignation…
Broker’s Call: 3M India (Add)
Target: ₹36,726.00 CMP: ₹31,070.90 3M India has passed on commodity inflation and INR depreciation to end-consumers in medium-long term, we note its EBITDA margin in 9MFY26 (19.7 per cent) is…
Broker’s Call: Eternal (Buy)
Target: ₹415 CMP: ₹226.95 Eternal (Zomato) has raised its platform fee by about 20 per cent to about ₹15/order, in line with its peer, Swiggy. Hence, Zomato’s increased platform fee should not…