Day: February 16, 2024

Nifty closes in red at 19310, Sensex sheds 202 points as monsoon deficiency weigh on indices;  IT, Pharma tank, media soarsNifty closes in red at 19310, Sensex sheds 202 points as monsoon deficiency weigh on indices;  IT, Pharma tank, media soars

Benchmark Indices Nifty 50 and Sensex ended Friday’s trading session in the red. The markets did see slight recovery towards the last hour of trade after opening lower on weak global cues and ended with marginal losses. The Nifty 50 ended down 55.10 points or 0.28% to settle at 19, 310.15 and the BSE Sensex […]

Strengthening Disclosure Requirements: Enhancing Transparency in Financial MarketsStrengthening Disclosure Requirements: Enhancing Transparency in Financial Markets

By Arun Poddar Transparency is a fundamental element for the ease of operations of financial markets as it empowers investors to make well-informed choices. However, recent complexities in the financial landscape have highlighted the necessity for more robust disclosure requirements to ensure heightened transparency. To address this, the Securities and Exchange Board of India (SEBI) […]

Rupee declines by 8 paise on rebound in crude oil, greenbackRupee declines by 8 paise on rebound in crude oil, greenback

The rupee declined by 8 paise to settle at 82.71 (provisional) against the US currency on Tuesday due to a rebound in crude oil prices and greenback in the global markets. Foreign fund outflows from the equity markets also weighed on the rupee sentiment, forex dealers said. Volatile equity markets and recovery in crude oil […]