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On Friday, the Reserve Bank of India (RBI) carried out the maiden auction of a new government bond maturing in 2034. The coupon - or rate of interest - for the new bond was set at 6.79%. At the time of the auction, the yield on the existing 10-year bond was trading at 6.80%, implying a premium of one basis point for the yield on the new paper. The existing 10-year bond, which bears a coupon of 7.10%, closed at 6.83% on Friday.

The eight others who have settled the case include Umesh Jain, GM Shenoy, Narayan Neelakantan, VR Narasimhan, Kamala K, Nilesh Tinaikar, R Nandakumar and Mayur Sindhwad.

The bonds, issued at a yield of 7.078% for a remaining tenor of 3.32 years, follow the company’s $300-million debut in the international market with a sustainability bond in July 2024.

The Nifty IT Index surged 19.6% in the last 6 months against an up move of 11.1% in the benchmark Nifty Index in the same period. Investec said that the surge in the IT stocks has been in anticipation of a recovery despite the earning downgrades.

A 52-week high is important as it marks the highest price a stock has achieved in the past year, offering key insights for traders and investors.

Titan reported 25% YoY growth in Q2 FY25. 75 new stores were added, bringing the total to 3,171. Jewellery domestic operations grew 25% YoY. Consumer demand picked up after the reduction in custom duty on gold imports.

The Centre has offered to repurchase up to Rs 25,000 crore worth of government securities through a buyback auction that will be conducted by the Reserve Bank of India on October 10.

Indian rupee logged its worst weekly decline since May to end at 83.97 per US dollar, LSEG data showed, as outflows in equities and a rise in crude oil prices put pressure on the local currency.

The Dow Jones Industrial Average opened up by 236.7 points (0.56%) at 42,248.26, while the S&P 500 gained 37.5 points (0.66%) to start at 5,737.48.

The regulatory framework issued by the relevant authority will specify how stock brokers operating on NDS-OM handle policy, eligibility, risk management, investor grievances, inspections, enforcement, and claims.