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Detailed stories on technology startups, business and economic current affairs.
The regulator’s shift to an auction-based close was meant to curb manipulation and mirror global markets. Instead, it has run into thin participation that is only amplifying distortions and volatility.

An unusual saga is unfolding in India’s securities market following the introduction of new closing price norms on Monday, triggering a wave of criticism from participants. Traders are unsure whether to participate during the closing window, the Nifty and Sensex are beginning to diverge, and even ordinary mutual fund and ETF investors are not insulated from the fallout.
The noise has been loud enough for a market participant to send a notice to the regulator and air grievances publicly. Some traders have chosen to sit out entirely; others want the changes rolled back. The confusion is deep and persistent. As …
A market dominated by speculative activity is enriching sophisticated traders at the expense of retail investors, distorting exchanges and brokerages, and putting household savings at risk.
Lenders stand to gain a lot more than borrowers in the current challenging market environment
A dismal track record in portfolio management services doesn’t help the firm as it takes its first steps in a crowded industry dominated by some heavyweights.