Sensex Today | Share Market Live Updates: Sensex, Nifty to remain under pressure; Gift Nifty in red
₹1,510.86 crore. DIIs after investing in the domestic market for straight-four sessions sold shares for ₹313.97 crore.More data came in Thursday showing a firm U.S.
economy. Fewer workers applied for unemployment benefits last week than economists expected.
It’s the latest signal that the job market continues to be solid.In a move to curb frauds using mobile phone sim cards, the government on Thursday said that bulk sales of sim cards will be barred and mandated registration of franchisee, agents and distributors or point of sales by telecom companies besides police verification for sim dealers.Telecom minister Ashwini Vaishnaw said that bulk buying of sim cards has been completely done away with but connections or sims for businesses, corporates or events would be permitted. However, know-your-customer, or KYC norms, will be applicable to each of the individual sim owner.
(Read More)Jio Financial Services is facing removal from multiple FTSE Indices due to its failure to initiate trading within 20 business days. FTSE Russell has released a notice stating that the company, which was added to the indices on July 20, has not provided a definite trading date.
Consequently, this omission will take effect from August 22.“Further to the FTSE Russell notice issued on 13 July 2023 in relation to the demerger of Jio Financial Services (India, constituent) from Reliance Industries (India, constituent), since Jio Financial Services did not commence trading after 20 business days and no firm trading date has been announced," read an official update. (Read More)China’s real estate giant Evergrande Group has filed for bankruptcy protection in the United States on Thursday.The company has sought protection under Chapter 15 of the US
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