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The announcement is expected on May 12 while the adjustment date is May 31. Here are the stocks that can be included or excluded as a part of rejig.

The Dow Jones Industrial Average fell 22.02 points, or 0.06%, at the open to 33,965.16

Indian capital markets regulator Sebi has established a resolution framework for settlements undertaken by the Limited Purpose Clearing Corporation (LPCC), a body established to clear and settle repo transactions. The mechanism will settle disputes between clearing participants, between clearing members and clients, between the LPCC and vendors, and between clearing members or clients and the LPCC. The decision of an arbitration panel will be final if disputes are not resolved through conciliation. Earlier this month, the regulator also devised a plan for an upfront collection of funds from eligible issuers of debt securities to build the LPCC Settlement Guarantee Fund.

Consolidated revenue from operations rose by 10.17 per cent to Rs 723.01 crore during the quarter under review compared to Rs 656.26 crore in the same period of the previous financial year.For the full year (2022-23), the company posted 77.91 per cent growth in consolidated net profit at Rs 262.84 crore compared to Rs 147.73 crore in FY22

The 30-share BSE benchmark Sensex declined 184 points or 0.31% to settle at 59,727. The broader NSE Nifty dropped 47 points or 0.26% to end at 17,660. The sentiment also soured after reports that the government is planning to hike the tax levied on capital gains.

The rupee finished at 82.04 per dollar, compared with 81.9725 in the previous session.The dollar index gave up gains late in the session as the pound jumped on strong labour data, but the rupee failed to capitalise, finding strong resistance at the 82-level.It is unclear whether there was one large buyer as private and public sector banks, both, were seen bidding for dollars, said a trader

The report from Bloomberg noted that a panel or committee may be appointed to build on proposals submitted to the Finance Ministry in 2019 and the policy will likely be implemented in 2024 if the government returns to power.The details and structure of changes to the taxation are yet to be known. A capital gains tax is levied on income or gain that comes out from sale of a capital asset such as stocks and bonds

The Apple stores in Mumbai and Delhi will transform them into destination outlets attracting high-end consumers. As the affluent market is a trend in India, with a 60% share for Apple, electronics are the new sexy thing for gifting and upgrading, and Apple is a lifestyle. Expect an Indianisation of the Apple brand with Mumbai and Delhi stores featuring iconic Indian symbols.

India VIX was down by 1.51% from 12.26 to 12.07 levels. Volatility spiked towards 13 mark on Monday but later cooled off from its highs. Option data suggests a shift in trading range between 17,400 and 18,000 zones while a shift in immediate trading range between 17,500 and 17,850 zones

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