STOCK EXCHANGES

Zerodha faces investor fury after NSE glitch

Hundreds of traders who bought stocks via Zerodha, dubbed the Robinhood platform of India, voiced concern on Twitter, with many posting pictures showing portfolio losses due to trades squared off by the broker.

In a letter to the market regulator Sebi, the ANMI said if there is uniformity of the product across the exchanges, the problems noticed on Wednesday would have got automatically resolved due to interoperability features.

Tech glitch: Sebi asks NSE to expedite detailed root cause analysis

Sebi rules mandate stock exchanges to carry out live trading from disaster recovery site for two consecutive days every six months apart from having to conduct quarterly disaster recovery drills.

Allow Sensex, Nifty to trade on all exchanges: Brokers lobby

Anmi also called on the market regulator to frame a well-defined policy and process to handle such emergency events to avoid panic and distressed actions to manage outstanding positions.

Will take all measures to rectify underlying causes of NSE tech glitch: Sebi

The capital market regulator said that it will also address any institutional deficiencies that may have been behind the outage at NSE, which caused immense problems for market intermediaries and participants.

Both indexes ended the session higher, with the some analysts saying stock moves after the resumption of trade reflected frantic trading to square off positions.

Best stock to play the copper rally in India

Shares have rallied 72% in the last one month and 166% in the last three months to close at Rs 98.35 on Monday. The stock is expected to rally another 25% in the next few weeks, said technical analysts.

Market Movers: Metals escape market sell-off; 162 stocks hit 52-week high

Cues from global markets were not ideal as stocks in Asian and European markets took a hit amid concerns over rising bond yields in the US.

US securities regulator suspends trading in three more 'meme stocks'

The SEC temporarily suspended trading of Marathon Group Corp , Affinity Beverage Group Inc, and Sylios Corp beginning on Friday and ending on March 4, the SEC said in statements published on its website.

Sebi cancels registration of Kolar Sharex, Rajkumar C. Basantani as stock brokers

In a separate order, Sebi said it has also cancelled the registration certificate of Rajkumar C. Basantani as stock broker, who, apart from being a director of Kolar Sharex, was also a trading member of the National Stock Exchange (NSE).

Equities also got a boost after data showed Japan's gross domestic product grew faster than expected in the fourth quarter.

Also in a weekly press conference on Friday, China's securities watchdog said it would strengthen the supervision over the operations of index funds.