The NSE has secured Sebi's approval to introduce monthly electricity futures contracts, a move designed to enhance price discovery and risk management in India's power sector. This initiative aims to provide market participants with hedging tools against electricity price volatility. NSE plans to gradually introduce CFDs and longer-duration contracts, fostering a more robust electricity derivatives ecosystem.
Geopolitical tensions, particularly concerns about a potential Israel-Iran conflict, triggered a significant market downturn. The Sensex plunged 823 points, and investors saw a wealth erosion of approximately Rs 6 lakh crore. Rising cru ...more
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