Shipping Corporation fined: NSE and BSE impose Rs 5.42 lakh fine each for Sebi norm violation

Leading stock exchanges BSE and NSE have imposed a fine of Rs 5.42 lakh each on state-owned Shipping Corporation of India (SCI) for non-compliance with the Securities and Exchange Board of India (Sebi) listing rules.The Navratna PSU informed about the development through a filing with the stock exchanges on Saturday. It said the action will […]

Ahead of Market: 10 Things That Will Determine Stock Market Action on Tuesday

Indian benchmark indices closed higher for the second straight session on Monday, supported by broad buying across sectors, with financials, auto and consumer stocks leading the gains. The Nifty settled at 25,867.30, up 173.60 points, or 0.68%, while the BSE Sensex rose 485.35 points, or 0.58%, to end at 84,065.75.Meanwhile, the volatility gauge India VIX […]

The Indian maritime sector at an inflection point: a structural opportunity is unfolding

The age-old saying ‘He who commands the sea commands all’ still holds great significance even today as 90-95% of world trade passes through ocean waves. For India, the shipping sector is now at a key inflection point, poised for robust growth in the coming years, transitioning from a cyclical story to a long-term structural opportunity.The […]