Benchmark indices Sensex and Nifty close slightly lower amid volatile trading, with blue-chip IT stocks taking a hit. Zen Technologies rose by 10%, Tata Motors saw a minor decline of 0.2%, and Data Patterns gained 9%. Experts suggest cautious trading strategies for these stocks.
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