The NSE Nifty gained 1.2%, or 273.90 points, to finish at 24,125.55. The BSE Sensex moved 1.1%, or 855.30 points, higher at 79,408.50. Both indices have surged up to 6% each in the past five trading sessions.
A recent Sebi circular mandating a higher reporting structure for company secretaries and chief compliance officers (CCOs) has sparked debate. While compliance heads welcome the move, listed companies fear potential disruptions to internal hierarchies and pay scales. Some CCOs are seeking parity with CFOs, prompting calls for clarification from the market regulator regarding the circular's intent.
In a significant move, Bangladesh's election body has locked the National Identity Cards of deposed Prime Minister Sheikh Hasina and nine of her family members, rendering their NIDs unusable for any services. This action follows Hasina's exile in India after widespread protests led to the collapse of her 16-year rule.
The final testament of the Pope specified that Francis wanted to be buried "in the ground, without particular decoration" but with the inscription of his papal name in Latin: Franciscus.
Defense Secretary Pete Hegseth is facing scrutiny for allegedly sharing sensitive military information about Yemen airstrikes on the Signal app with unauthorized individuals, including his wife, brother, and lawyer. Despite increasing criticism and calls for his resignation from Democratic lawmakers and former staffers, President Trump has defended Hegseth, dismissing the reports as "fake news.
The S&P 500 fell 2.6% Monday and was 16% below its record set two months ago. The Dow Jones Industrial Average dropped 1,000 points, and the Nasdaq composite sank 2.9%.
