Indian Exchanges News Today

Russian financial institutions have been negotiating with the Reserve Bank of India (RBI) to use the rupees in special accounts in India for investment in stocks and securities. Currently, 10 Russian institutions, including its largest lender, have registered as foreign portfolio investors (FPIs) with Sebi. However, they have made little investments due to US sanctions in the wake of Russias war with Ukraine.

What started out as a crypto freeze is showing signs of thaw. But can volumes regain levels they once saw? And can platforms like Binance make a comeback in India? ET decodes the latest developments and what they mean for the Indian market.

The US, China and Japan are the top stock markets in the world. BSE’s market capitalisation was Rs 366 lakh crore on Tuesday.

The notional turnover of futures and options on the National Stock Exchange of India Ltd. — the worlds largest derivatives bourse by the number of contracts traded — has more than doubled in the last one year.

Delisting serves up prospects of both manager and investor opportunism. The mechanism to delist is designed to reduce excesses on either side. The price of the stock serves as the gatekeeper, and manipulation - by managers taking companies private in a downturn and by investors raising the buyback hurdle - is commonplace.

The ED is investigating two cases related to Crypto-currency against WazirX under the provisions of Foreign Exchange Management Act, 1999 (FEMA), he said in a written reply to the Rajya Sabha.

Get latest articles and stories on Latest News at LatestLY. Minister of State for Finance Pankaj Chaudhary on Tuesday said the Directorate of Enforcement is probing alleged money laundering of Rs 2,790 crore through crypto exchange WazirX. Latest News | ED Probing Crypto Exchange WazirX for Money Laundering of Rs 2,790 Cr.

The brokerage, which previously had a "neutral" rating on Indian equities, cited a slew of factors, including a weaker rupee and its impact on growth, a spike in prices of commodities such as oil, potential portfolio outflows and the domestic monetary tightening cycle.

BlackRock has rejigged its Asia-focused portfolios to have more neutral positions on China, up from underweight, and narrowed its underweight call on internet services companies, according to a Bloomberg report.

Fintech firms set for IPOs but face challenges SECTIONS Share Synopsis ETtech India’s fintech sector is set for landmark Initial Public Offerings (IPOs) in the next five months as at least three startups – Paytm, Mobikwik, Policybazaar – are likely to raise up to Rs 28,000 crore ($3.7 billion) through public offers betting on favourable market dynamics where both institutional and retail investors are operating with abundance of liquidity. According to industry experts, successful listi...