Stock Market Today: The Nifty index is expected to trade within 22,000-23,000 range over the coming week
Pandey will be replacing present Sebi chief Madhabi Puri Buch
The reversal in risk weights on MFI loans from 125 per cent to 100 per cent and 75 per cent will help reduce risk weighted assets or RWAs for banks
While BII has committed $30 million, Calvert Impact has committed $10 million to the senior debt tranche of the fund
Economic growth in Asia's third-largest economy slowed sharply this financial year as high inflation and stagnant incomes squeezed household spending
Active SIP accounts decline by nearly a million in January, even as regular plan SIP count rises by 0.4 million
Caps short positions at 25% of corpus for equity schemes
Shares of Polycab, KEI, Havells India and R R Kabel slumped up to 15% after UltraTech announced its foray into wires & cables segment with an investment of Rs 1,800 crore over the next 2 years
Trump also floated a 25 per cent "reciprocal" tariff on European cars and other goods
After January's bond market turmoil, triggered by geopolitical events, large-ticket issuers have rushed to raise funds despite rising corporate bond yields due to tight liquidity and increased supply
The new category of investment funds, first announced last year as a way to offer sophisticated investors a wider range of options, can begin operations starting April 1, when the new rules kick in
At the interbank foreign exchange, the rupee opened at 87.26 and touched the high of 87.12 against the greenback during intraday
"The AMC shall deploy the funds garnered in an NFO within 30 business days from the date of allotment of units," Sebi added
Stock Market Highlights: The Nifty moved in a narrow band of 100-odd points before settling marginally in red at 22,545. Bajaj twins and Shriram Finance gained, while UltraTech plunged 5% on Thursday.
Of the 26 recently-listed IPOs, as many as 21 stocks were trading below their respective issue price on the BSE in Thursday's intra-day trade.
Speaking at BS Manthan, Wood said he remains structurally bullish on Indian equities from a long-term perspective; but cautious in the short-term given the quantum of FII outflows and valuation woes.
Bajaj Finance hit a new high of Rs 8,736, up 3% on the BSE in Thursday's intra-day trade, surpassing its previous high of Rs 8,655.20 touched on February 6, 2025.
INOX India said it achieved a historic milestone by becoming India's first cryogenic equipment manufacturer to receive the prestigious IATF 16949 certification for cryogenic fuel tank manufacturing.
CreditAccess, L&T Fin, RBL Bank, Poonawalla Fincorp, Five-Star Business Finance, Ujjivan SFB, Shriram Finance, Cholamandalam, M&M Financial, AU SFB and Bandhan Bank were up in the range of 4% - 15%.
Economic growth in Asia's third-largest economy slowed sharply this fiscal year as high inflation and stagnant incomes squeezed household spending