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Food delivery company Zomato will replace JSW Steel in the BSE Sensex as part of the index reconstitution which becomes effective from December 23.
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The Nifty gained 375 points over the week to close at 23,907. A smart comeback by the bulls in the second half of this week helped the market recover almost the entire loss registered in the first half.
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Sebi has proposed engaging independent external agencies to identify suitable candidates for the appointment of key management personnel at market infrastructure institutions. The NRC will evaluate these recommendations and send them to the governing board and Sebi. The aim is to ensure independence, transparency, and accountability in key managerial appointments. Sebi also proposes a cooling-off period for KMPs and directors to prevent conflicts of interest.
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News and Media
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