SynopsisTechnical indicators are pointing at more pain for India’s stock market after the 3% plunge on Monday with world markets on the edge on account of the geopolitical tensions and concerns over aggressive rate hikes by the US Federal Reserve.Shutterstock.comAnalysts are advising traders against betting on the market direction aggressively with the volatility index, or…Continue Reading

BSE, NSE come out with guidelines on technical glitches for members

New Delhi: Leading stock exchanges BSE and NSE have put out comprehensive guidelines for handling technical glitches at members’ end in order to prevent disruptions. Under the new framework, members will have to pay Rs 20,000 per day in case of failure to report the incident to the exchanges within the required timeline, BSE and…Continue Reading

DCGI seeks ‘technical opinion’ to approve Covaxin for kids

Schools in India have reopened with kids back in classrooms, however, they haven’t been vaccinated. India’s Drug Controller General of India (DCGI) is yet to approve Covaxin for children despite its expert committee’s recommendation. The body says it is seeking additional technical opinion since the prevalence of infections among kids is still low. In most Indian states, classrooms…Continue Reading