“NSE has sought a confirmation of compliance from companies-probably to ensure whether companies have been maintaining information in a duly compliant manner. The current move seems to be in line with Sebi’s objective of curbing insider trading and to review the compliance status of databases maintained by listed entities,” said Moin Ladha, partner at the law firm Khaitan & Co.
US stocks: S&P 500, Nasdaq close lower, dragged by Alphabet and megacap tech; focus on Iran
US market saw a mixed close as the S&P 500 and Nasdaq dipped, primarily due to tech giants like Alphabet facing investor scrutiny over AI