Stocks in news: The domestic market edged higher for the second week, moving closer to record highs. Key shares like Trent, BEL, and LTIMindtree attracted attention due to index changes. Transport Corporation announced its first equity buyback. Ambuja Cements experienced significant block deals. Ashoka Buildcon won an MMRDA project. Several other companies also highlighted important developments.
Sebi relaxes re-KYC process for NRIs; removes physical presence clause
Markets regulator Sebi on Wednesday eased the re-KYC process for Non-Resident Indians (NRIs) by removing the requirement for them to be physically present in India