SC quashes Bombay HC order penalising SEBI, BSE, NSE in ‘account freezing’ case
The penalty was imposed for the 'erroneous freezing' of the demat accounts of two Mumbai residents who were 'erroneously' classified as promoters.
The penalty was imposed for the 'erroneous freezing' of the demat accounts of two Mumbai residents who were 'erroneously' classified as promoters.
Things were rolling along fine for the markets until the FED meeting. Thursday, saw US markets fall as thoughts of an impending recession hit the markets overseas.
Sundararaman Ramamurthy, the Managing Director and Chief Executive Officer (CEO) of the Bombay Stock Exchange (BSE) lauded the Union Budget and its nine priorities for thrust on the middle-class and inclusiveness of all segments including poor
At close, the Sensex was up 0.56% at 79,476 and the Nifty was up 0.55% at 24,142.
The company recently got listed on the Bombay Stock Exchange (BSE), marking a new chapter in its growth trajectory.
The power stocks on Tuesday saw a major downturn due to profit-booking in response to initial indications of a mixed outcome in the results for Lok Sabha elections.
The Adani Group companies’ stocks saw great momentum on Thursday as the Indian indices went through a sharp rally, with the flagship Adani Enterprises jumping 8 per cent to emerge as the top gainer.
Sensex was up 599.34 points, or 0.83 per cent at 73,088.33, while the Nifty was up 151.20 points or 0.69 per cent at 22,147.
BSE Sensex is trading at 72,099 points, down 389 points on Friday as domestic equities continued their losing spree amid escalation in Middle East tensions.
The BSE Sensex is up 42 points and trading at 72,986 points on Thursday. However, tensions in the Middle East and a hawkish stance by the US Fed are likely to weigh on the stock markets, say analysts.
