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"In India if a customer does not use his money, we have to send the money back to the customer’s bank account. In the US, most of the brokers open a margin account by default which means that when you buy the stock, it does not sit in your demat account like in India. It sits in the broker’s name. The broker can now even leverage the stocks that you have sitting with them. When seen from India, the US seems like a wild west."

It said that in the past few years Asian countries led by India, Vietnam and Thailand witnessed a steep rise in crypto ownership, leading to a scenario where the correlation between equity performance and crypto asset performance had increased.

Impact on economic growth from policy tightening by central banks sap risk appetite. Asian shares fall after U.S. equities on Monday suffered worst decline in two months. Indian shares down 2.5% over last two sessions.

Kajaria Ceramics Ltd., incorporated in the year 1985, is a Mid Cap company (having a market cap of Rs 18699.31 Crore) operating in Building Materials sector.

“Without getting into any specific names in the HFC space, it is the affordable housing segment where there is a large runway for growth given that penetration levels are lower and also competition from banks are significantly lower than what it is in the price mortgage space. Especially in the larger cities, there appears to be a significant runway for growth.”

A total of 9,680 shares changed hands on the counter till 10:00AM (IST)

IDBI Capital Markets, the insurance company’s process adviser for the sale of bonds, has invited binding bids from asset reconstruction companies by the evening of September 5, the people said. This is the third attempt by the country’s largest life insurance company to sell its Reliance Capital debt.

While the Competition Commission of India (CCI) has no issues with PEs owning minority stakes in rival companies, in terms of board representation it wants these funds to choose one company and give up directorship in the rival companies, they said.

It said that in the past few years Asian countries led by India, Vietnam and Thailand witnessed a steep rise in crypto ownership, leading to a scenario where the correlation between equity market performance and crypto asset performance had increased.

The IRP, Vijay Kumar Iyer backed by Deloitte India, received Rs 21,058 crore claims from financial creditors; however, all claims were not admitted as some are still under verification. The highest admitted claim among financial creditors is from offshore bondholders of Rs 4109 crore, constituting 23.4% of voting rights.