BUSINESS
Sensex Dips as Tensions Rise in the Middle East
Weak trend continued to be there in the broader markets through the early trading hour. On the National Stock Exchange, 256 were reported to be trading green while 1,188 were trading red .
Investors Lose ₹10 Lakh Crore Amid Ongoing Middle East Conflict
The Sensex declined 1,769 points, or 2.10 per cent, to 82,497 at close, and Nifty had declined 546 points, or 2.12 per cent, to 25,250.
Indian Equity Capital Markets Hit Record $49.2 Billion in Jan-Sep, IPOs Surge by 63%
"That is the highest ever first quarter in terms of proceeds," points out Elaine Tan, Senior Manager, LSEG Deals Intelligence.
SEBI Introduces New Measures to Regulate F&O Trading and Enhance Equity Market Stability
Reduced to one per exchange is also introduced by SEBI the weekly index expiry count. This means that one expiry can be offered by the exchanges in a week for one benchmark index.
India never actively targeted US dollar, Says S. Jaishankar
Jaishankar was responding to a question on de-dollarisation at Carnegie Endowment for International Peace, a top American think-tank.
FM Sitharaman Hails PM Modi for Transforming Manufacturing Sector into 'Job Creation Powerhouse'
Going by the reports of the annual survey of industries 2022-23 published by the government, nationwide employment in the sector has risen laudably from 1.6 crores workers in 2018-19 to 1.9 crores in 2022-23, and it also reports the rise in the concentration of employment in factories as a whole; the number of workers per factory has gone up from 65 in 2018-19 to 71 in 2022-23.
SEBI Greenlights New Safe Asset Class Within Mutual Fund Framework
The markets regulator categorizes the new asset class as one that is destined to fill the gap between mutual funds and Portfolio Management Services in terms of flexibility in portfolio construction.
Sensex Rises as Positive Global Cues Boost Market Sentiment
Market trend remained positive. On the National Stock Exchange (NSE), 1560 shares were in the green and 733 shares in the red.
UPI Transactions Soar to 15.04 Billion in September, Total Value Reaches Rs 20.64 Lakh Crore
Average daily transaction amount stood at 501 million, up from 483 million in August; average daily transaction amount reached Rs 68,800 crore from Rs 66,475 crore in August.
Sensex Plummets by 1,272 Points, Investors Lose ₹4 Lakh Crore
However, the primary reason for the fall was banks as Nifty Bank index ended at 52,978, 856 points or 1.59% lower.
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