The rules, first proposed in late 2021 and early 2022, will require investors to report their short positions to the agency, and companies that lend out shares to report that activity to the Financial Industry Regulatory Authority (FINRA), a self-regulatory body that polices brokers
Gold gains nearly 3% on safe-haven inflows, set for best week since March
Spot gold was up 2.8% at $1,921.39 per ounce by 1134 a.m. ET (1534 GMT). U.S. gold futures added 2.7% to $1,934.60. Prices were up 4.8% for the week
Tata Motors to sell 9.9% stake in Tata Technologies ahead of global engineering firm’s IPO
The parent of British luxury carmaker Jaguar Land Rover Automotive Plc has entered into share purchase agreements for the transaction, it said in a regulatory filing on Friday
Asia is a high-growth market but GEM outflows could weigh on India: Cameron Brandt
He stated that funds dedicated to most European markets are bleeding and that emerging and developed Asia equities might also experience collateral damageTaking Stock: IT, banking stocks pull market down on another volatile day
Among sectors, auto and realty were up 0.5 percent each, while PSU bank and information technology were down 0.5-1 percentMid-day Mood | Indices struggle with losses as IT, banks spoil mood; Nifty below 19,700
Index heavyweight stocks, Infosys, Reliance, Axis Bank and ICICI Bank were trading with cuts which put further pressure on the benchmarks.Time to start nibbling into largecap banks as people start to look at FY26 and beyond: Unmesh Sharma
“The way we are positioned is a little bit more long-term than just playing the context, but to a large extent, we believe that there are three sub-sectors which we like a lot. Our big overweight positions are the domestic economy, hard assets like capital goods, cement, real estate and sub-sector within IT, the market infrastructure.”
Voyager Digital co-founder sued by US regulators for fraud
Voyager was one of several crypto firms to collapse in 2022, along with Celsius Network and BlockFi, after crypto prices plummeted amid interest rates and worsening macroeconomic conditions.
Good growth in formal job creation across all segments and verticals except IT: Ramani Dathi, Teamlease
“We are seeing good growth in hiring for banking, financial services, pharma, healthcare, even consumer verticals and telecom segments . We are seeing improved hiring trends compared to the last two-three years in all these sectors. In the zero to four years’ experience profile, the hiring trends in non-IT segments are very encouraging.”
Taking Stock: Market ends flat in choppy trade; IT drags, metal, oil gas gain
Top Nifty gainers included BPCL, Coal India, Maruti Suzuki, Grasim Industries and Power Grid Corporation, while the biggest losers were Tech Mahindra, Apollo Hospitals, TCS, HCL Technologies and Infosys.