Markets regulator Sebi on Thursday tweaked the framework for valuing the investment portfolios of Alternative Investment Funds (AIFs) whereby securities — other than unlisted, non-traded, or thinly-traded securities — will now be valued in line with mutual fund rules.
Posts in category Economic Times
Sebi bars Axis Capital from debt merchant banking activities until further orders (19-09-2024)
The regulator imposed this restriction as a temporary measure after discovering that Axis Capital had essentially guaranteed the redemption of NCDs under the pretence of underwriting, a practice that is not permitted.
Dow rallies 1%, S&P hits intraday record high as Fed kicks off rate easing cycle (19-09-2024)
Wall Street’s main indexes jumped at the open on Thursday, with the S&P 500 notching an intraday record high after the Federal Reserve kicked off its easing cycle with half-a-percentage point reduction and forecast more cuts were on the horizon.
Technical Breakout Stocks: Info Edge, PB Fintech and Bharti Airtel hit fresh record highs; what should investors do? (19-09-2024)
Info Edge, PB Fintech, and Bharti Airtel reached new record highs on Thursday, with Info Edge gaining over 1% and PB Fintech surging more than 4%. Bharti Airtel, however, retreated slightly after initially hitting a fresh peak.
Fed rate cut impact: Govt bond yields at lowest since Feb 2022, rupee at two-month high (19-09-2024)
Sovereign bond yields hit a two-and-a-half-year low on Thursday, and the rupee strengthened to a two-month high. The Fed’s rate cut and positive commentary boosted emerging market assets, leading to a decline in government bond yields.
Tech View: Nifty forms shooting star candle, consolidation likely to continue. How to trade on Friday (19-09-2024)
A small negative candle with a long upper shadow on the daily chart suggests a false breakout above 25,500. This sharp rejection from new highs indicates a potential short-term dip, according to Nagaraj Shetti of HDFC Securities.
US-listed crypto stocks jump after bumper rate cut from Fed (19-09-2024)
U.S.-listed crypto shares jumped before the open on Thursday after a half-percentage point interest rate cut sparked a flight into risky assets, adding to the momentum of an industry that has already secured some big wins this year.
Nasdaq futures up 2% as Fed rate cut buoys growth stocks (19-09-2024)
U.S. stock index futures surged, with Nasdaq futures up 2%, following the Federal Reserve’s 50-basis-point interest rate cut. Key tech stocks like Microsoft and Alphabet saw gains, while semiconductor stocks also rose. The Fed’s move aims to support steady growth and low inflation, boosting market optimism.