Posts in category Business Standard
US Stocks closed lower, Dow extends losses to fourth day (05-04-2024)
At closing bell, the Dow Jones Industrial Average index retreated 530.16 points, or 1.35%, to 38,596.98, registering fourth straight session of losses. The S&P500 index tumbled 64.28 points, or 1.23%, to 5,147.21. The tech-heavy Nasdaq Composite index decreased by 228.38 points, or 1.4%, to 16,049.08.
US Stocks closed lower, Dow extends losses to fourth day (05-04-2024)
At closing bell, the Dow Jones Industrial Average index retreated 530.16 points, or 1.35%, to 38,596.98, registering fourth straight session of losses. The S&P500 index tumbled 64.28 points, or 1.23%, to 5,147.21. The tech-heavy Nasdaq Composite index decreased by 228.38 points, or 1.4%, to 16,049.08.
Stocks to Watch, April 5:Banks, Auto, Sobha, Equitas SFB, SCI, Ireda, Cipla (05-04-2024)
Stocks to Watch on Friday, April 5, 2024: Shares of financial, automobile, and real estate companies would be on radar as the RBI is set to announce the first repo rate decision of FY25
Gold climbs Rs 10, silver jumps Rs 100; precious metal trading at Rs 82,100 (05-04-2024)
The price of 22-carat gold also jumped Rs 10 with the yellow metal selling at Rs 64,610.
Stock Market Live: Sensex off lows, down 50 pts; RBI to review LCR requirement of banks (05-04-2024)
Stock market Update on Friday, April 05: The RBI projected GDP growth at 7 per cent for FY25 with inflation for the year seen at 4.5 per cent.
F&O strategy: Bull spread recommended on Tech Mahindra for April series (05-04-2024)
Nandish Shah of HDFC Securities recommends to Buy Tech Mahindra 1300 CALL and simultaneously Sell 1340 CALL for the April expiry.
Nifty Energy, Pharma: In a downtrend; look to sell on rally, hint charts (05-04-2024)
According to Ravi Nathani, an independent technical analyst, the Nifty Energy index can be sold with a stop at 40,320.
NSE awaits Sebi’s green signal to kickstart IPO process: CEO Chauhan (04-04-2024)
The National Stock Exchange (NSE) is awaiting approval from capital markets regulator Sebi to kickstart the initial public offering process, its MD and CEO Ashishkumar Chauhan said on Thursday.
The NSE's listing plans have been on the backburner amid a Sebi probe against the exchange and some of its top officials. It was alleged that the exchange misused its co-location facility and gave preferential access to certain trading members.
"We will submit a revised Draft Red Herring Prospectus (DRHP) as and when we get an approval from Sebi," Chauhan said here.
Its rival BSE (formerly Bombay Stock Exchange) launched its initial public offering (IPO) in 2017 and is currently listed on both exchanges. Notably, Chauhan was the CEO of BSE during its listing.
Earlier in December 2016, NSE had filed draft papers with Sebi for its IPO. The initial share sale was expected to garner Rs 10,000 crore.
The existing shareholders were looking to offload 22 per cent of shares to the public through th
Sebi’s security management systems, ops control get ISO certification (04-04-2024)
Markets regulator Sebi on Thursday said it has received ISO certification for two of its information security systems and two operations controls.
This certification highlights Sebi's commitment to upholding high standards of cybersecurity and ensuring the confidentiality, integrity and availability of its data and operations.
The regulator has obtained the ISO/IEC 27001:2022 certification for Information Security Management System at the Primary Data Centre; Security Operations Control (SOC) and Network Operations Control (NOC) Operations; and Information Security Management System at the Disaster Recovery site, according to a release.
The markets watchdog obtained this certification after rigorous evaluation by the body under the accreditation of the National Accreditation Board for Certification Bodies (NABCB), a member of the International Accreditation Forum (IAF), the Securities and Exchange Board of India (Sebi) said.
International Organisation for Standardisation (ISO)/ ...