RBI Monetary Policy: Real estate and bank stocks slide, autos drag as rates hold steady

RBI Monetary Policy: Real estate and bank stocks slide, autos drag as rates hold steady

Indian stock markets swung between gains and losses on Wednesday as investors reacted to the Reserve Bank of India’s decision to keep interest rates unchanged. The cautious tone from policymakers weighed on rate-sensitive pockets, with realty, auto, and consumer stocks pulling the indices lower through the session. The Monetary Policy Committee (MPC) kept the repo…

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Insider Trading Detected: SEBI takes strict action against 5 top executives named in IndusInd Bank case

Insider Trading Detected: SEBI takes strict action against 5 top executives named in IndusInd Bank case

Capital market regulator SEBI has cracked the whip on five top executives in connection with suspected insider trading in the IndusInd Bank stock. According to an ex parte interim order issued by the market watchdog, the individuals used undisclosed price sensitive information to offload certain quantities of the lender’s stock to illegally avoid imminent losses worth an…

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