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"The recognised stock exchanges with a commodity derivative segment, willing to introduce trading in options on commodity indices shall take prior approval of Sebi for the same," it said in a circular.

In a release on Thursday, NSE IFSC said since the launch of its Debt Securities Market (DSM), the platform has listed total aggregate medium term note worth over USD 37.3 billion and listing of bonds of over USD 18.67 billion.

Rising channel formation on daily chart, hence the structure indicates bullish momentum to sustain.

Spot gold was up 0.2% at $1,960.84 per ounce, as of 0119 GMT. U.S. gold futures were flat at $1,961.70.

Among those whose firms didn’t make the cut: Elon Musk and Mark Zuckerberg. The first data show neither Tesla Inc. nor Meta Platforms Inc. are included in the portfolio, while rival megacap stocks like Apple Inc. and Amazon.com Inc -- helmed by Tim Cook and Andy Jassy, respectively -- are among top holdings.

The three major indexes have rallied in six of the last eight sessions, with all three having rebounded after the S&P 500 and the Dow confirmed they are in correction and the Nasdaq established it is in a bear market.

The activist money manager with assets worth $1.3 trillion across the global markets owned a 2.8% stake in UPL as of December 31, 2021, and is the largest foreign institutional investor in the company. It is also the second-largest institutional shareholder in the firm after Life Insurance Corporation (LIC) which owns 10.5% in the company, BSE data showed.

The base deal was for 28 million shares, representing 1.41% of total outstanding equity with a greenshoe option of 12 million equity shares, constituting 0.60% of the total equity base in the event of oversubscription.

The regulator had conducted an examination of the debt capital market operations of Axis Bank during the August 2016 to August 2019 period.

“Our proprietary analysis of Indian household asset holdings (since fiscal 2006) suggests that equities as a percentage of households’ net worth has risen to an all-time-high, though it is still below 5%,” analysts at Jefferies noted. Financial savings are about 36% of about $11 trillion balance sheet.