Brokerage firms and market participants have approached Securities and Exchange Board of India seeking greater clarity on the process of freezing payouts in cases linked to alleged fraudulent transactions and unauthorized trading activities.
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Shares of fintech company Pine Labs came under heavy selling pressure on Wednesday after the expiry of the company’s IPO lock-in period triggered a sharp rise in tradable shares in the market.
India’s economic growth outlook has received a major boost after global investment bank Morgan Stanley raised its FY27 GDP growth forecast for the country to 6.7%.
Shares of companies belonging to the Adani Group ended lower on Tuesday amid weakness across the broader equity markets.
India’s retail inflation rose slightly to 3.48% in April, reflecting an increase in prices of gold and silver jewellery as well as several essential household food items.
Tata Power reported a consolidated net profit of Rs.1,415.52 crore for the January–March quarter of FY 2025-26, registering an increase of over 8% compared to Rs.1,306.09 crore
On Tuesday, the Indian rupee weakened to a record low of 95.63 against the US dollar in early trade, highlighting concerns surrounding the country’s import bill, current account deficit and foreign exchange reserves.