Following the introduction of the Closing Auction Session, capital-market stocks displayed a range of performances. While Motilal Oswal Financial Services and MCX enjoyed substantial gains exceeding 20 per cent, companies like Indian Energy Exchange, BSE, HDFC AMC, and CAMS experienced significant falls. The uptick in trading activity sparked gains for several brokerages and wealth management firms. Future market dynamics will largely hinge on trading volumes and clarity in regulations.
FCNR(B) windfall for banks explained: Who got highest inflows and what it means for investors
FCNR(B) deposits offer banks a cheaper and balance-sheet-efficient source of funding, but their finite tenor and initial deployment challenges could pressure margins. While ICICI Bank