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Three individuals on Wednesday settled with markets regulator Sebi alleged violations of Securities Contracts rules in the matter of former officials of Metropolitan Stock Exchange of India Ltd (MSEI) after collectively paying over Rs 33 lakh towards the settlement amount.

In a Rs 4,140 crore bulk deal, SB Adani Family Trust sold 1.8 crore shares of Adani Enterprises at Rs 2,300, NSE data shows

Dow falls 45.36 points. S&P 500 opens lower by 10.93 points and Nasdaq Composite drops at the opening bell

Euro zone banks are reporting a rise in arrears on loan payments while the benefit of higher interest margins could also start fading soon, European Central Bank supervisory chief Andrea Enria said on Wednesday.

Currently, the richest man in the world with a total net worth of $225 billion, according to Bloomberg Billionaires Index, started his career at the age of 19 in 1990, selling PCs in college dorms

The Nifty Midcap index saw multiple stocks reach new 52-week highs, demonstrating resilience amidst market uncertainties. Notable performers include Coforge, Trent, Godrej Properties, Lupin, Aurobindo Pharma, Zydus Lifesciences, Power Finance Corporation, and Aditya Birla Capital. These companies showcased strong performance, driven by factors such as navigating the digital landscape, capturing consumer demand, capitalizing on housing needs, innovative healthcare solutions, dedication to research and development, healthcare solutions, strategic investments in the power sector, and diverse financial services.

Equity investors in India gained Rs 3.43 lakh crore ($46.2 billion) in just two days as the benchmark Sensex index reached a record high of 64,050.44 points. The market capitalisation of BSE-listed firms increased by Rs 3,43,718.15 crore ($46.3 billion) to reach Rs 2,94,11,131.69 crore ($3.97 trillion). Factors driving the rally include strong institutional flows, positive macroeconomic indicators, and robust earnings growth. In addition, domestic and foreign investors have been turning positive on risk assets due to falling inflation and expectations of an end to interest rate hikes.

Kolkata-based jewelry retailer Senco Gold is preparing for its initial public offering (IPO), which will open on July 4 and close on July 6. The IPO consists of a fresh issue of up to Rs 270 crore and an offer for sale (OFS) of up to Rs 135 crore. The price band is yet to be determined. Senco Gold, the largest organized jewelry retail player in eastern India, primarily sells gold, diamond, platinum, silver, and other precious stones. Proceeds from the IPO will be used for working capital and general corporate purposes.

On February 24, 2021, NSE had halted trading in all its segments following a technical glitch which had an adverse impact on the NSE system. Following this, the capital market regulator investigated the matter of failure of systems of both NSE and NSE Clearing to ascertain if there was any violation of regulations.