After nearly two weeks of regulatory limbo, Jane Street has moved quickly to contain the fallout from Sebi’s explosive allegations of market manipulation. The US-based quant trading firm has deposited Rs 4,843.5 crore into a designated escrow account, fulfilling the market regulator’s primary condition for lifting the trading ban imposed on July 3. Also Read…
Indian stocks plunged sharply in mid-session trade Thursday, May 22, as a mix of negative global cues, stretched valuations, and disappointing earnings weighed on sentiment. During the trading session, the benchmark Sensex plunged nearly 900 points intraday to 80,710.22—its lowest level since May 12. Meanwhile, the Nifty 50 traded below the important 24,550 mark, eroding…
India has emerged as the “most preferred equity market in Asia”, displacing Japan, according to the latest Bank of America Asia Fund Manager Survey. The country secured 42 per cent overweight allocation from fund managers, compared to 39 per cent for Japan. This significant lead comes amid growing global shifts in supply chains, tariff policies,…