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.

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.

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.

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 […]