On Friday, BSE and NSE announced, following a joint surveillance meeting with Sebi, the ESM mechanism will be extended to companies with market capitalization below ‘1,000 crore. Parameters for shortlisting securities under the ESM framework include high-low price variation and close-to-close price variation
Oil falls as Trump downplays prospect of escalation with Iran
Oil prices fell due to President Trump’s announcement regarding US military action against Iran, easing supply concerns. Brent crude futures dropped to $92.33 per barrel