Indian stock markets have seen a strong performance, resulting in increased earnings for the Securities and Exchange Board of India (Sebi). In FY24, Sebi’s fee collection from market intermediaries rose 53% to ₹1,851 crore. Major contributors included higher regulatory fees from stock exchanges and increased turnover in both cash and derivatives markets.
US Fed expected to hold rates steady as Iran war roils outlook
Federal Reserve officials are likely to keep interest rates steady next week. The ongoing US-Israel war on Iran is creating market uncertainty and impacting oil