Sebi is making demat accounts simpler for investors. Zero Coupon Zero Principal bonds and delisted securities will no longer count towards the value limit for Basic Services Demat Accounts. This change aims to ease investing and reduce compliance burdens. These new rules will be effective from March 31, 2026.Read More
Logistics firm Yatayat Corporation India Ltd has filed preliminary papers for an IPO, aiming to raise funds through a fresh issue of equity shares and an offer for sale. The company plans to use the proceeds for debt repayment, working capital, and general corporate needs.Read More
Indian markets opened steady on Wednesday, mirroring global trends near record highs. Trading volumes are expected to be light this week due to the holiday season. Investors are closely watching the US economy and the Federal Reserve’s interest rate decisions. Jobless claims saw a slight dip. Dynavax Technologies surged on acquisition news. Gold, silver, and...Read More
Gold surged to a fresh lifetime high above $4,500 an ounce on safe-haven demand, central bank buying and rate-cut hopes. Domestic prices also hit records, aided by a weaker rupee, with analysts predicting a move toward $5,000 amid global uncertainty.Read More
Nike shares rose nearly 4% in early trading on Wednesday after Apple CEO Tim Cook doubled his personal stake in the sportswear maker, raising his bets on the margin-pinching turnaround efforts led by CEO Elliott Hill.Read More
SFIO has initiated an investigation into IndusInd Bank over discrepancies in its derivatives trades and certain balance sheet accounts. The bank informed exchanges about receiving a formal notice and said it is cooperating fully with the probe under the Companies Act.Read More
Shares of Agios Pharmaceuticals jumped nearly 16% on Wednesday after the U.S. Food and Drug Administration approved the expanded use of its drug for the treatment of a type of blood disorder.Read More
Market experts on Wednesday advised investors to focus on global diversification alongside India’s strengthening domestic fundamentals while planning their portfolios for 2026, citing currency depreciation risks and a structurally improving Indian economy.Read More
U.S. financial markets will close early on Christmas Eve and remain shut for Christmas Day, returning to a normal schedule Friday. Stocks traded sideways Wednesday following a record session, with investors anticipating a “Santa Claus” rally. This year-end period typically sees markets drift higher due to limited economic news.Read More
State-owned NHAI-sponsored Raajmarg Infra Investment Trust (RIIT) has received approval from the Securities and Exchange Board of India (SEBI) as an Infrastructure Investment Trust (InvIT), an official statement said on Wednesday.Read More
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