By Rashi Dhir and Trisha Shreyashi The Securities & Exchange Board of India (SEBI) recently issued a circular amending the Foreign Portfolio Investors (FPI) Rules, in terms of additional granular disclosures to lift the veil off the Ultimate Beneficial Owners (UBO). The entities have only 90 days to comply with the mandates, which will be […]
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IRFC, Oil India, SBFC Finance, Bank of Maharashtra among 97 stocks that hit 52-week highs; 21 touch 52-week lowsIRFC, Oil India, SBFC Finance, Bank of Maharashtra among 97 stocks that hit 52-week highs; 21 touch 52-week lows
Benchmark indices NSE Nifty 50 and BSE Sensex were trading in the red zone on Wednesday. The NSE Nifty 50 plunged 49.05 points or 0.25% to 19,385.50 and BSE Sensex tanked 125.40 points or 0.19% to 65,266.95. In sectoral indices, Bank Nifty plunged 0.62%, Nifty Auto fell 0.27%, Nifty Financial Services tumbled 0.68%, Nifty Private […]
Sentiments turn positive for the US dollar; pound, euro tankSentiments turn positive for the US dollar; pound, euro tank
By Dilip Parmar The Indian rupee registered the biggest weekly decline in two-month following a rebound in the greenback against major currencies. A gauge of the dollar set its best weekly return since February as Treasury yields rose amid an uptick in bets that the Federal Reserve will step up its battle against inflation. This […]