National Securities Depository plans to raise funds through an offer for sale. The depository’s IPO valuation is lower than Central Depository Services. India’s demat account penetration shows annual growth. NSDL focuses on institutional clients. Total income and net profit witnessed growth between fiscal year 2023 and fiscal year 2025.
Fed’s rate cut well received by global markets: Mitul Kotecha
Global equities rallied after the US Federal Reserve’s 25-basis-point rate cut, though future moves remain uncertain due to a divided Fed stance. The central bank