Sebi is set to consider proposals to allow FPIs to net cash market trades, aiming to reduce costs and boost foreign investment amid record outflows. The regulator also plans to review ‘fit and proper’ criteria for intermediaries, potentially removing automatic disqualification for individuals facing unproven economic offense allegations.
US stocks today: Dow posts closing record high, S&P 500, Nasdaq muted as AI rally pauses
US stocks ended mixed as the Dow hit a record closing high driven by healthcare and consumer gains, while tech and chip stocks lagged. Banking