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Rai’s term as MD and CEO is set for five years. Shares of Multi Commodity Exchange Of India Ltd ended at ₹6,535.00, up by ₹151.70, or 2.38%, on the BSE.

Kaushal Bengani, Deputy General Manager of Maharashtra Seamless said that the company’s focus on updating its plant and machinery will help it maintain its strong position in the market.

The Nifty 50 ended near day’s low dragged by a sell-off in the information technology stocks. The Nifty slipped 135 points to 24,205 and Sensex dropped 553 points to 79,389. 

Shares of Ashoka Buildcon rose nearly 7% after its acquisition of an additional 34% stake in Ashoka Concessions Ltd (ACL) for ₹1,526 crore, making ACL a wholly-owned subsidiary.

Neelkanth Mishra, Chief Economist at Axis Bank and Head of Global Research at Axis Capital discussed the outlook for Samvat 2081 and the rest of FY25 in an interview with CNBC-TV18..

Under the new rules, mutual funds will now be governed by SEBI’s Prohibition of Insider Trading (PIT) regulations.

IT stocks are under pressure after Capgemini reported its results for the quarter and revised its revenue growth estimates lower for the year ending in December.

The CEO and Co-Head of Kotak Institutional Equities has a cautious short-term outlook on the Indian market but remains optimistic about the longer-term prospects.

Only four names on the Nifty are currently trading with gains on a month-to-date basis with State Bank of India and ICICI Bank among the top gainers, considering the rally seen by these names in the last few trading sessions.

HDB Financial Services IPO comes with its sets of risks and uncertainties, including any downturn in the macroeconomic environment, changes in value of collateral, reduction in ownership of parent HDFC Bank, among others.