Indian benchmark indices closed positively on Thursday, though gains lagged behind other Asian markets. Nifty rose 0.33% to 24,833.6, and Sensex increased 0.39% to 81,633.02, despite intraday dips. Underperformance was attributed to prior rallies and call writing at the 25,000 level, creating resistance. FPIs and domestic institutions were net buyers.
Sebi launches new verification agency to crack down on mis-selling
Sebi has launched the Past Risk and Return Verification Agency (PaRRVA) to combat mis-selling of investment products. This tech-driven system, linking credit rating agencies and