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Nifty’s hourly momentum indicator has a negative crossover and so the rallies are short-lived and failing to persist at higher levels. Traders should opt for buy-on-a-dip strategy around 23,150 – 23,100.

SBICAP Trustee Company Ltd on Wednesday settled with markets regulator Sebi a case pertaining to alleged violation of debenture trustees rules after paying Rs 25 lakh towards settlement amount.

Bitcoin, which has been synonymous with volatility, has experienced dramatic price movements since its inception in 2009, reaching highs of $73,000 by 2024. Amid the current downward trend, experts expect a bullish surge by the year-end.

DEE Development Engineers filed a draft prospectus with the Securities and Exchange Board of India (SEBI) in September of last year and received approval in February of this year. The IPO is priced in the range of Rs 193-203 per share, with a minimum bid lot of 73 shares. Investors can bid for shares in multiples of the lot size.

At present the macro outlook of India is positive with the GDP numbers going steady, fiscal deficit going down, and growth in tax collections, there is nothing for investors to worry about at the moment.

The Indian rupee closed nearly flat on Wednesday even as dollar demand from local oil companies and other importers put pressure on the currency but likely intervention from the Reserve Bank of India helped avert a drop towards its all-time low.

The broader NSE Nifty gained 58 points, or 0.25%, to end at 23,323. Domestically focused smallcap and midcap indices rose by over 1% each. IT companies, which count the US as a key revenue geography, jumped upto 2%. The likelihood of a Fed rate cut in September has decreased to 56%, down from 78% a week ago. The market capitalisation of all listed companies on the BSE surged by Rs 2.37 lakh crore to Rs 429.31 lakh crore.

Indian capital markets regulator the Securities and Exchange Board of India (Sebi) launched a free, voluntary online investor certification examination on Tuesday, with an aim to help individuals, especially beginners, gain comprehensive knowledge about stock market investing.