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 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
The Securities and Exchange Board of India (Sebi) has swiftly barred Copthall Mauritius Investment and Mansi Share & Stock Broking from the securities market for alleged manipulative trades during the closing auction session (CAS) on Sensex expiry. The regulator has also directed the impounding of wrongful gains totalling 3.67 crore from the two entities.
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.
Sebi Chairman Tuhin Kanta Pandey has defended the newly rolled out Closing Auction System (CAS), stating that it is a transparent mechanism and that the industry needs time to understand the change. He acknowledged initial turbulence and concerns from fund houses but noted an increase in mutual fund participation.
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 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.
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.
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.
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.
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 benchmark indices, Sensex and Nifty, closed lower, primarily due to a downturn in banking and financial stocks, coupled with crude oil prices remaining above USD 80 per barrel. Geopolitical uncertainties and new regulatory proposals for the non-bank lending sector also contributed to cautious investor sentiment.
An inside look at the world of IPL net bowlers, the unsung heroes who hone their skills while bowling to cricket's biggest stars, hoping for a chance to shine.
Sri Lankan pacer Matheesha Pathirana is set to join Kolkata Knight Riders, providing a much-needed boost to their struggling bowling attack as they seek their first win in the IPL season.
'That has been the big factor behind me coming so far in my career.'
Venkatesh Iyer discusses his role within the Royal Challengers Bengaluru (RCB) team, his motivation despite limited playing time, and his experiences with Kolkata Knight Riders (KKR). He also praises Dinesh Karthik and Rajat Patidar.
Riyan Parag says Sanju Samson is irreplaceable as Rajasthan Royals reshape squad with Jadeja and Curran ahead of IPL 2026.
Riyan Parag resumes batting in nets
'He moved to few other teams but never felt settled at those teams.'
Sreejesh, a two-time Olympic bronze medallist, believes India have the potential to finish on the podium in the upcoming junior World Cup to be held in Chennai and Madurai from November 28 till December 10.
Shedge will also reunite with his Mumbai teammate Musheer Khan at Punjab Kings as both were picked by their base price of Rs 30 lakh.
'...whether he is a top player or not, it doesn't matter.' 'If I go by a player's name I won't be able to bowl at my best.' 'For me he is just a batter, and my only focus is where I need to land the ball.'
Ashutosh, who has been picked by DC for INR 3.8 crore at the mega auction, first crossed paths with Dhawan during his stint with Punjab Kings, where he found not just a teammate but a mentor, who had a massive influence in his approach to the game.
Punjab Kings head coach Anil Kumble was extremely satisfied with the new players, including Liam Livingstone and Odean Smith, coming to his franchise during the IPL 2022 Player Auction, the dynamics of which were "very different and challenging".
Wicketkeeper-batter Rishabh Pant will be back in action at the next IPL season, says Delhi Capitals Director of Cricket Sourav Ganguly.
Sitharaman also said different departments of the government are working to provide relief to industry, which could be severely impacted by the fast-spreading virus.
While the market for satellite broadband currently is small, the potential is large as an estimated 30 per cent of the country does not have reliable terrestrial broadband services.
The BSE Midcap and Smallcap indices have performed better than the front-liners
Sale of dollars directly by the RBI can help but only temporarily for a day or two before it will be back to a volatile market.
Bajaj Finance was the top gainer in the Sensex pack, rising around 4 per cent, followed by Maruti, SBI, Bajaj Finserv, Sun Pharma and Asian Paints. NSE Nifty rallied 293.05 points to 17,469.75.
Chennai Super Kings' all-rounder Moeen Ali likened the intense battles between his team and Mumbai Indians to the storied footballing rivalry of Manchester United and Liverpool.
Sliding for the fourth straight day, the BSE Sensex shed 152 points in choppy trade on Wednesday amid mixed global cues ahead of the US Federal Reserve's policy decision.
The government expects the rollout of 5G services to start from early October in the country, Union minister Ashwini Vaishnaw said on Saturday. "As soon as the spectrum auction ends, within a few days itself, we will allocate the spectrum. "We expect that the 5G roll-out will happen from the beginning of October and within a year or so, we should have a good rollout in the country," the Union Minister for Communications, Electronics and Information Technology Ashwini Vaishnaw told reporters in New Delhi.
According to ESPNCricinfo, Stokes, who has played for Rajasthan Royals and Rising Pune Supergiant in the past, will likely play as a specialist batter initially to manage his knee injury, for which he has been administered cortisone shots -- an anti-inflammation injection.
The 30-share Sensex was up 191 points at 28,707.75 and the 50-share Nifty was up 54 points at 8,714.
The bond market is not in a mood to reason with the Reserve Bank of India (RBI) on keeping yields low. The 10-year bond yields continued to rise for the fourth straight session to close at 6.202 per cent from its previous close of 6.135 per cent. The yield was at 6 per cent a week ago. The RBI wants the yields to remain at 6 per cent, but bond dealers say the central bank will have to step up its bond-buying programme.
'When you are given the freedom to express yourself then you start to enjoy everything'
'I am sure I will smile and enjoy it, and will try to get the best out of myself'
Markets finished the session on a dismal note with Sensex closing at its lowest level since August 2014.
