Escape to safety takes gold to a record Rs 90,000
Gold is currently trading at ₹90,966 per 10 gm in the physical market, up by ₹1,802 per 10 gm from Friday, when India’s bullion market was last open. The market was closed on Monday due to Eid.
D-Street hits a 5-year nadir in first-day-of-the-fiscal performance
The sell-off underscored investors’ uncertainty over the economic impact of the tariffs, while the absence of follow-up foreign buying after the gush of flows last week poured cold water on expectations that the worst may be over for the market.
Companies rush to file for IPOs despite weak market
This surge in draft filings signals a strong pipeline of upcoming IPOs, even amid prevailing market uncertainties. So far, 52 companies have secured Sebi approval for their public issues, while a total of 65 firms have submitted draft IPO papers to the market regulator.
MXCCL settles case of securities law violation with Sebi
The regulator said MXCCL had filed a suo moto application with it proposing to settle a legal action that could be initiated against it for violation of risk management norms.
Treasury heads urge RBI to lower CRR, ensure surplus liquidity
Treasury heads have urged RBI to lower CRR to 4%. Doing so will inject durable liquidity in the system through an infusion of at least ₹1.30 lakh crore.
Sebi grants extension to NSDL to launch its Rs 3,000-crore IPO by July
SEBI has extended the deadline for NSDL to launch its IPO by the end of July 2025. The Rs 3,000 crore IPO is highly anticipated and will involve a sale of 5.72 crore shares by six existing shareholders. NSDL is one of the largest securities depositories globally and boasts a robust financial performance.
India’s Investor Boom: A year of record growth in financial participation
India’s investor base expanded by 23.1% over the past year, reaching 1,127 lakh. Bihar and Uttar Pradesh led with 32.7% and 29.4% growth, respectively. Major financial hubs like Maharashtra and Gujarat also saw steady expansion, indicating rising financial participation.
April Fools’ shock: Worst financial year start for Sensex since 2020 crash. A harbinger of trouble?
Market observers cite U.S. President Donald Trump’s anticipated tariff announcements on April 2 as the key factor driving market uncertainty. “If the tariffs are less severe than expected, sectors linked to global trade, such as pharmaceuticals and IT, could see a rally. However, if the measures are harsh, we may face another round of correction,” […]
Sebi extends deadline for retail algo trading rules implementation
Sebi extended the timeline for retail investor algo trading norms to May 1, with implementation from August 1. Exchanges sought more time for discussions. The framework ensures regulated access through brokers, safeguards investors, and mandates broker accountability.
US stocks open lower as Trump tariffs loom
US stocks dipped as investors awaited President Donald Trump’s announcement of tariffs to address trade imbalances. The Dow Jones Industrial Average fell 0.5%, the S&P 500 Index dropped 0.4%, and the Nasdaq Composite Index decreased 0.4%. Airlines Delta and United also saw declines due to concerns over reduced tourism. Markets remain cautious amid trade war […]