Companies in the broking industry experienced a sharp decline in their share values during today’s intraday session following an announcement from the Indian market regulator, SEBI. On Monday, SEBI in a circular stated that charges imposed by market infrastructure institutions—including stock exchanges, clearing corporations, and depositories—should be standardised and not […]
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Following a stellar performance in June with a double-digit gain, the Nifty IT index kicked off July on a strong footing as investor expectations grew that the U.S. Federal Reserve would cut interest rates in September. Amid this optimism, the Nifty IT index jumped 2.6% to 37,093 points in today’s […]