The Indian rupee fell on Wednesday as oil prices remained volatile and local stocks slumped, although intermittent dollar sales by state-run banks cushioned the currency’s losses, traders said.Read More
In a move aimed at easing compliance requirements, markets regulator Sebi on Wednesday relaxed certification norms for Persons Associated with Research Services (PARS), allowing sales staff, relationship managers and other non-research personnel to qualify through a lighter certification module.Read More
Oil prices rebounded as markets questioned the effectiveness of a record strategic reserve release against potential supply shocks from the U.S.-Iran conflict. Despite a proposed large drawdown, analysts doubt its impact, while ongoing airstrikes and mine threats near the Strait of Hormuz heighten supply concerns. Disruptions are estimated to be significant, potentially driving crude prices much higher.Read More
The Union Cabinet’s approval to extend the Jal Jeevan Mission until 2028, with a boosted outlay of Rs 8.69 lakh crore, is set to benefit around 25 stocks. This significant push for rural water infrastructure and service delivery will drive demand for companies in pipes, pumps, construction, and water treatment sectors, aiming for universal tap water access.Read More
India’s capital markets stocks delivered strong gains in FY26, with the Nifty Capital Markets Index rising 35%, making it the second-best performing sector after PSU banks. Multi Commodity Exchange of India led the rally with a 143% surge, while brokerages, exchanges, and wealth management firms benefited from rising investor participation.Read More
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