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October 16, 2025
Markets regulator Sebi chairman Tuhin Kanta Pandey on Wednesday called on public interest directors (PIDs) to ensure that the “public interest” perspective remains central to all key decisions taken by the governing boards of market infrastructure institutions (MIIs).
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Indian markets snapped a two-day losing streak as Fed rate cut hopes and earnings optimism lifted sentiment. The Sensex rose 575 points and Nifty gained 178 points, with banks, metals, and autos leading the rally amid strong FII momentum.
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Renewed U.S.-China trade tensions pose new downside risks to the economic outlook, making it more important that the U.S. central bank cut its benchmark interest rate, Federal Reserve Governor Stephen Miran said on Wednesday.
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