Vedanta’s newly demerged entities extended their rally, with Oil & Gas, Power and Iron & Steel hitting upper circuits, while Aluminium slipped despite Citi’s bullish outlook. Brokerages remain constructive on select businesses, though views differ on valuations as investors assess growth, cyclicality and execution risks.
Sebi plans simpler rulebook for stock exchanges, doing away with obsolete provisions
Sebi is simplifying stock exchange rules to boost business ease. The regulator plans to consolidate multiple circulars into a single master document, removing outdated provisions