Mumbai, June 11 (IANS) India’s market regulator, the Securities and Exchange Board of India (SEBI), on Thursday proposed a new mechanism to prevent the same stock from trading at significantly different prices across exchanges. The move is aimed at improving price discovery and liquidity, particularly in thinly traded shares.In a consultation paper, SEBI said that when a stock does not trade on one exchange but remains active on another, the inactive exchange should use the active exchange’s clo…
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New Delhi, May 18 (IANS) Bitcoin slid to its weakest level in May on Monday over escalating macroeconomic concerns tied to the US‑Iran conflict, causing overall crypto market weakness.The world’s largest cryptocurrency dropped to $76,711 before it recovered some losses to trade at $76,985.11 as of 2.25 pm. Major digital assets such as Ether and Solana also traded lower.Nearly $500 million of long positions were liquidated within about 15 minutes during early Asian trading hours, according to…
New Delhi, Feb 21 (IANS) Welcoming the reported US Supreme Court order striking down recently imposed tariffs, Indian industry representatives on Saturday said the move would significantly boost exports, strengthen trade ties and revive employment across sectors.Speaking to IANS, Nainesh Pachchigar, Gujarat State President of the India Bullion and Jewellers Association (IBJA), said the industry has welcomed the US Supreme Court’s decision that declared the tariffs imposed by former US Presiden…
Mumbai, Dec 22 (IANS) Shares of Meesho Limited came under sharp selling pressure on Monday, as the stock hit a 10 per cent lower circuit. This was the second straight session of decline for the newly listed e-commerce company.Over the last two trading days, Meesho shares have fallen nearly 17 per cent, after dropping around 7 per cent on Friday.The recent fall indicates that some investors may be booking profits after the stock’s strong rally following its market debut.Meesho shares had more t…
The Securities and Exchange Board of India (SEBI) has exposed one of the largest stock market education scams in recent…