Gujarat Mineral Development Corporation (GMDC) shares surged 7% for a third consecutive day following a Rs 7,280-crore government incentive scheme to boost domestic production of critical minerals. This initiative aims to reduce reliance on China and create significant production capacity for rare earth magnets, benefiting companies like GMDC.
Sebi to revamp short-selling, securities lending rules
Sebi is reviewing short-selling and securities lending rules to improve liquidity and price discovery. The regulator is also planning reforms in clearing, broker compliance, custodial