The government has filled a key vacancy on the SEBI board with the appointment of Kompella Venkata Ramana Murty as whole-time member (WTM), restoring the regulator’s full strength and setting…
Category: Market
Wall Street jumps on prospects of de-escalation in Middle East war
US stock indices jumped on Wednesday on prospects of de-escalation in the Middle East conflict. At the opening bell, the Dow Jones Industrial Average rose 190.2 points, or 0.41%, to…
SEBI proposes IT Resilience Index to enhance market infrastructure oversight
SEBI on Wednesday proposed a framework to introduce an IT Resilience Index (ITRI) for Market Infrastructure Institutions (MIIs), to strengthen oversight of critical technology systems in the securities market. In…
Gold surges 4% as ceasefire hopes drive India’s second straight ally
Markets closed higher for the second consecutive session on Wednesday, while emerged as a standout performer, surging nearly 4 per cent on to $4,556 per ounce, as diplomatic signals between…
Weak sentiment keeps Kashmir gold demand muted despite dip in prices
Despite a recent dip in gold prices ahead of the wedding season, demand for the precious metal remains subdued in Kashmir, reflecting weak consumer sentiment and financial stress among households.…
Ceigall India stock ends 4% higher after securing ₹1,369 crore solar PPA projects; still down 31% from IPO price
Shares of closed Wednesday’s session, March 25, higher by 4% at ₹275 apiece, as investor sentiment improved after the company executed two long-term Power Purchase Agreements (PPAs). In a regulatory…
Markets rally on whispers of peace: Nifty climbs as tensions begin to thaw
The prospect of even a tentative truce was enough to cool global risk aversion, bringing investors back into equities and easing some of the anxiety that had gripped markets over…
Slow, but steady start for SIFs; amass ₹9,712 crore AUM in six months
One year after the market regulator SEBI established norms, the Specialised Investment Funds (SIFs) are off to a slow and steady start amassing assets under management of ₹9,712 core and…
Rocketlane raises $60 million in Series C to power professional services automation with AI
Chennai and US-based Rocketlane, an AI-powered professional services automation platform has raised $60 million in a Series C funding round led by Insight Partners. The latest round brought the total…
Broker’s Call: HDFC Bank (Outperform)
Target: ₹1,500 CMP:₹781.70 The resignation-related release of ex-Chairman of HDFC Bank, Atanu Chakraborty, was not the usual benign farewell that one typically expects in such cases. It mentioned, ‘…concerns over…