The Nasdaq 100 fell 1.9% on Friday alone and sank into correction; the S&P 500 slipped for a fifth week, capping its longest losing streak since 2022; bonds fell, pushing the benchmark 30-year yield towards 5%; and Bitcoin is at about half its pre-war peak.
SEBI said unregistered entities offering advisory services pose significant risks as they operate outside regulatory safeguards and undermine investor protection and market integrity.
The S&P 500 Index dropped 0.6% as of 9:45 a.m. in New York, on course for its fifth weekly decline, the longest streak since 2022.
SEBI had originally directed stock exchanges with commodity derivatives segments on December 19, 2021, to suspend trading in these contracts till December 20, 2022. The curbs were imposed amid rising food inflation concerns.
The matter pertains to alleged non-compliance to maintain a Structured Digital Database of unpublished price sensitive information.
The case centres around Atul Chaturvedi, a sales trader at Antique, who had access to confidential information about large trades to be executed by Societe Generale
The funding is part of the exchange operator's previously announced plan to invest up to $2 billion in Polymarket, the company said
SEBI found that while hypothecation had been created on security receipts offered as collateral, the trustee failed to create encumbrance through the depository system, as mandated. Only a deed of hypothecation had been executed in these cases.
Foreign investors have sold a net $12.14 billion worth of Indian shares since the war began on February 28, marking the biggest monthly outflow on record
Brent crude oil slipped 1.9% to around $106 a barrel following Trump’s 10-day extension to the deadline for Iran to strike a deal with the US or face more attacks. Even so, oil is up more than 70% this year.
The latest sell-off marks a notable acceleration from the previous week’s $1 billion outflow, taking the cumulative 16-week outflows to $25.5 billion
The bad news for bulls: It signals a long way down before the index finds major support.
Equities fell around the world, driving the S&P 500 down about 1%. Brent climbed to around $107.
Trading on the NSE and the BSE will resume on March 27 (Friday).
President Donald Trump has been pushing for talks with Iran in a bid to halt the fighting
SEBI’s initiative comes amid growing concern over the scale and sophistication of online financial frauds, which are increasingly targeting retail investors before their money even reaches regulated markets.
Under the initiative, apps belonging to SEBI-registered intermediaries including stockbrokers and other regulated entities will now display a verified badge on the Google Play Store
ED claims Joshi routed funds through a network of shell entities and bank accounts of family members to conceal illicit gains. These funds were allegedly used to acquire multiple immovable properties in India and abroad
Brent crude slid as much as 6.6% to $97.57 a barrel, while a gauge of Asian equities climbed 1.6% on expectations that a de-escalation in the Iran conflict would ease inflation pressures and reduce the need for monetary tightening.
SEBI’s investigation, covering the period from 2018 to 2022, showed a clear pattern. The dealer traded on 1,352 days and had a very high overlap of 906 days with big client trades.
The president's goal in waging war with Iran has morphed from 'revolution' to 'just get out before the market crashes too much,' Burry continued. 'It's a shame that Americans died for this'
The idea, originally suggested by the Association of Mutual Funds in India (AMFI), aims to tap into gifting culture to drive financial inclusion.
Allowing FPIs, who are already active in equity and debt markets, could bring in much-needed depth, improve price discovery, and align domestic markets more closely with international benchmarks.
Shares gained in Japan, South Korea and Australia at the open, sending the broader MSCI Asia Pacific Index higher by 1.5%. That came after US stocks rose as Trump postponed the strikes citing “productive conversations” with Iran, sending Brent crude 11% lower on Monday.
For the year so far, FII/FPIs have net sold worth Rs 1.47 lakh crore of Indian equities while DIIs have net bought Rs 2.11 lakh crore.