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Finance & Markets

TCS earnings lift IT stocks as demand recovery hopes boost market mood

Better-than-expected Q2 earnings and attractive valuations boost IT stocks, even as AI headwinds and US labour curbs remain concerns

TCS earnings lift IT stocks as demand recovery hopes boost market mood

We haven't written up this one. Business Standard IN has the full story — the link below goes straight to it.

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SEC Proposes Expanding Securities Eligible for Cross Trading by Registered Funds

The Securities and Exchange Commission today proposed amendments to the Investment Company Act “cross-trading rule,” which permits transactions in securities between a registered fund and its…

  • SEC proposes expanding cross-trading rule for registered funds.
  • Allows trades benefiting funds and shareholders, reducing costs.
  • Restores ability to cross-trade most fixed-income securities.

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