The divergence between the Sensex and Nifty closing values narrowed on the third day of the Closing Auction Session (CAS) rollout, but market participants, including Zerodha's Nithin Kamath, highlight structural issues and the unfortunate timing of its introduction alongside new RBI norms.
The Russian Athletics Federation has lodged an appeal with the Court of Arbitration for Sport against the World Athletics Council's decision to extend the suspension of Russian athletes from international competitions, citing discrimination.
Indian benchmark stock indices, Sensex and Nifty, experienced mixed trading following the introduction of a new Closing Auction Session (CAS) for shares with futures and options (F&O) contracts, aimed at enhancing price discovery transparency. Track Sensex, Nifty on August 4
Indian benchmark indices Sensex and Nifty ended a four-day rally, closing lower on Tuesday following the introduction of a new Closing Auction Session (CAS) for F&O stocks, which has added a layer of volatility and led to an early adjustment in market structure.
Indian stock exchanges are actively preparing to implement a new closing auction mechanism (CAS) from August 3, aimed at enhancing transparency in determining closing prices for securities with derivative contracts.
Analysts predict that crude oil prices, geopolitical tensions in West Asia, and upcoming inflation data will be the primary drivers of the Indian stock market this week, alongside foreign investor activity and domestic quarterly earnings.
The Nifty's stunning 200-point jump in the final minute of trading wasn't a glitch. It marked India's shift to a new, globally accepted system of end-of-day price discovery.
Indian stock market indices closed on a mixed note, with the Sensex gaining 374 points driven by buying in Reliance Industries and ICICI Bank, while the Nifty remained flat. This divergence is attributed to a new Closing Auction Session (CAS) mechanism introduced by stock exchanges, impacting market liquidity and price discovery.
The Reserve Bank of India (RBI) maintained its key policy rates for the fourth consecutive time, keeping the repo rate at 5.25 per cent, while the benchmark BSE Sensex closed 152 points higher in a volatile session, recovering from an intraday dip.
Indian benchmark indices, Sensex and Nifty, saw early gains driven by lower crude oil prices and buying in Reliance Industries, even as the Reserve Bank of India maintained its benchmark policy rate for the fourth consecutive meeting, reinforcing confidence in the domestic economy.
Indian benchmark indices, Sensex and Nifty, experienced declines in early trade, primarily due to a surge in crude oil prices and a retreat in Wall Street, as investors reduced exposure to risk assets amidst geopolitical uncertainty. Track Sensex, Nifty on August 7, 2026.
Indian wrestler Jaspreet Kaur has been sanctioned by the International Testing Agency (ITA) after testing positive for prohibited stimulants, octodrine and heptaminol, during the Asian Beach Games. She accepted the anti-doping rule violation, leading to disqualification of her results, with further sanctions from United World Wrestling possible.
CA All India Rank 3 Sohan Anil Manjrekar tells Rediff how he spent five years preparing for one of the toughest examinations in the country; he did it to fulfil his father's dream.
The International Chess Federation (FIDE) has suspended Russia's membership for up to three years due to its failure to comply with a ruling to stop holding events in Russian-controlled Ukrainian territories. This decision follows Russia's continued organisation of chess events in annexed regions, violating a Court of Arbitration for Sport order.
Under the lens over serious lapses in the donation management system at the Ram Mandir in Ayodhya, the treasurer of the Shri Ram Janmabhoomi Teerth Kshetra Trust, Govind Dev Giri, has said that all audit reports were "safe" and that he had no role in the daily donation collection process at the temple.
Two chartered accountants have been arrested by the Enforcement Directorate in connection with a money laundering case linked to a cyber fraud involving Rs 641 crore.
The Court of Arbitration for Sport (CAS) has banned Pakistani weightlifting officials for life and a weightlifter for four years due to doping violations.
The All-India Football Federation defended its handing over the I-League 'trophy' to Inter Kashi on Sunday, saying it did so after "due legal consultation" and as per decisions given by the Lausanne-based Court of Arbitration for Sport (CAS) and Swiss Federal Tribunal.
Delhi University has directed St Stephen's College to halt the absorption of former principal John Varghese into the English department, citing violations of UGC regulations and procedural errors.
The Enforcement Directorate (ED) has identified a Grenadian man based in Dubai as the 'beneficial owner' of a Delhi-based company involved in a large-scale betting, gaming, and cyber fraud-linked money-laundering operation in India.
'Even last year, when India bought gold, the physical quantity was much less than the previous years.'
The All India Football Federation (AIFF) has accused its executive committee member Valanka Alemao and her family of pressuring the organisation to include Churchill Brothers FC in the Indian Super League (ISL) through unconventional means.
The All India Football Federation (AIFF) is facing controversy after Valanka Alemao, head of the women's committee, accused AIFF President Kalyan Chaubey of harassment and intimidation during a recent meeting.
Inter Kashi filed an appeal at the Switzerland-based CAS on April 24 against the decision of the AIFF appeals committee and the world's apex sports tribunal ruled in favour of the club on Tuesday.
Sebi is working with other regulators to expand the CAS framework.
The 'rescue' operation occurred within kilometres of Iran's underground tunnel complex at Isfahan, assessed by the IAEA and US intelligence as holding a substantial portion of the country's 60 per cent enriched uranium stockpile. Retired senior US military officers have highlighted that the mission's footprint -- hundreds of special operators, multiple heavy-lift aircraft deep inside Iran -- appears outsized for recovering a single airman. Prem Panicker continues his must read blog on the Iran War.
Once operational, Ghatak could undertake deep-strike missions, penetrating heavily defended airspace to hit high-value targets without placing pilots at risk.
Nottingham Forest, who finished seventh in the Premier League last season, will replace Palace in the Europa League.
The International Excellence Scholarship (Postgraduate) 2026 aims to help students from financially challenged backgrounds with their college education.
The World No 1 faces the possibility of being banned for up to two years.
Bangladesh pacer Mustafizur Rahman is unlikely to receive any financial compensation after being released by Kolkata Knight Riders (KKR) on the instructions of the BCCI, despite having no role in the circumstances that led to the termination of his contract.
At a time when Indian football is staring at unprecedented uncertainty with its domestic season in limbo, the Asian Football Confederation on Wednesday delivered a triple blow to the country's top club
Bangladesh's appeal to the ICC Dispute Resolution Committee against hosting T20 World Cup matches in India cannot be heard under ICC rules, with Scotland kept on standby as a possible replacement team.
The International Cricket Council has officially informed the Bangladesh Cricket Board that it has been replaced by Scotland in T20 World Cup 2026.
The I-League, the country's second-tier football competition, will be restructured and rechristened as Indian Football League (IFL).
'Finally the nightmare is over. Following the decision by the Court of Arbitration for Sport, I can look forward to the day when I can follow my dreams again.'
Six months on, AIFF presents replica I-League trophy to Inter Kashi after CAS verdict
If CAS rules in Vinesh's favour, she will be awarded a joint-silver in the women's 50kg freestyle category.
In a statement issued on Friday, CAS further said the Sole Arbitrator's decision is expected to be issued before the end of the Olympic Games.
The 29-year-old was set to face Sarah Ann Hildebrandt of the United States for the gold but was disqualified for the weight limit breach. A day after her disqualification, Vinesh also announced her decision to retire from wrestling.
