Nifty rises for fourth session, logs highest close of 2025; what’s next?

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Top gainers: Top gainers on Sensex were Kotak Bank, Bajaj Finance, Axis Bank, IndusInd Bank, PowerGrid, Maruti and Bajaj Finserv shares, rising up to 3.19%.   Benchmark indices Sensex and Nifty closed higher for fourth straight session as rate sensitive shares extended gains triggered by 50 bps repo rate cut last week. Nifty closed at…

Sebi offers settlement window to stock brokers in algo trading case

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Sebi announces a settlement window for brokers linked with unauthorised algo platforms promising assured returns; applications open from June 16   The Securities and Exchange Board of India (Sebi) on Monday announced a settlement scheme for stock brokers associated with certain algorithmic trading (algo) platforms that were found to be in violation of regulatory norms.…