U.S. stocks closed mostly lower as President Trump’s conflicting messages on Iran and escalating Middle East conflict weighed on markets. Despite optimism over discussions, threats to the Strait of Hormuz and Iranian oil facilities fueled investor concerns. Fed Chair Powell’s comments on inflation offered some support, while financial stocks rose on new 401(k) guidelines.
Sebi to release FII compliance consultation paper within weeks, says chairman Tuhin Kanta Pandey
Sebi is likely to release a consultation paper on foreign investor compliance requirements within weeks, chairman Tuhin Kanta Pandey said. The proposed document will explore