The Reserve Bank of India (RBI) has initiated a review of the derivative portfolios of both private and public sector banks following discrepancies in forex derivatives accounting reported by IndusInd Bank, sources informed Moneycontrol. The centr
The revival of discretionary spending by clients of Indian IT firms is likely to face further delays as concerns grow over a potential US recession, exacerbated by possible tariff measures under the Trump administration. Investor sentiment has bee
Shares of electronics manufacturer Kaynes Technology witnessed a sharp decline of over 8% in early trading on March 12 after the company revealed that the Securities and Exchange Board of India (SEBI) had issued a show-cause notice to its Managing Di
The National Stock Exchange (NSE) announced on Tuesday that its index services subsidiary, NSE Indices, has introduced a new sectoral index called Nifty Chemicals. This index is designed to monitor the performance of chemical sector stocks within
In a significant move to enhance fundraising efficiency, the Securities and Exchange Board of India (SEBI) has shortened the processing time for rights issues of equity shares to 23 working days. This initiative aims to make rights issues a more attr
The Indian stock markets will observe a one-day closure this week due to Holi, resulting in a holiday-truncated trading period. Both the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE) will remain shut on Friday, March 14, 2025,
Citigroup Inc. has revised its stance on US equities, lowering them from overweight to neutral, while upgrading Chinese stocks to overweight. The shift comes as the investment bank sees a temporary halt in US exceptionalism, citing a changing economi
On March 11, shares of electric vehicle (EV) manufacturers, city gas distribution (CGD) company Mahanagar Gas Ltd (MGL), and light goods vehicle producers saw a sharp decline. This downturn also affected stocks of associated original equipment manufa
Shares of the struggling EPC firm, Gensol Engineering, continued to decline in morning trade on March 11, as investors offloaded their holdings. At 10:15 am IST, Gensol Engineering share price hit its 5% lower circuit, trading at ₹290.55 on the
Indian equities are poised for a rebound in 2025, as growth is projected to recover and valuations reach their most attractive levels since the COVID-19 pandemic, according to a research report by Morgan Stanley. The brokerage anticipates India's
At the upcoming first board meeting under the leadership of newly appointed Chairperson Tuhin Kanta Pandey, the Securities and Exchange Board of India (SEBI) is set to deliberate on several key regulatory proposals. The agenda includes introducing UP
Shares of private lender IndusInd Bank Ltd. plummeted by 20% during the market's opening session on March 11, following the revelation of discrepancies in its derivatives portfolio. As of 9:50 AM, IndusInd Bank share price was trading at ₹720.35
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