Student recruitment solution provider Crizac Ltd has received Sebi s go-ahead to garner Rs 1,000 crore through an initial public offering (IPO), an update with the markets regulator showed on Tuesday. The proposed IPO is entirely an offer for sale by promoters, Pinky Agarwal and Manish Agarwal, with no fresh issue component, according to the draft red herring prospectus (DRHP).

Domestic brokerage HDFC Securities on Tuesday settled with markets watchdog Sebi a case pertaining to alleged non-compliance with regulatory norms on payment of Rs 65 lakh towards settlement amount.

Sebi s whole-time member Ananth Narayan G on Tuesday said the issue of alternative investment funds (AIFs) has been "resolved" after a year-long dialogue between the capital markets regulator and the industry.

Snapping its three-day losing run, gold rebounded to Rs 88,790 per 10 grams in the national capital on Tuesday amid firm global trends, according to the All India Sarafa Association. The precious metal of 99.9 per cent purity rose by Rs 40 to Rs 88,790 per 10 grams from the last close of Rs 88,750 per 10 grams.

The Nifty Auto index closed 0.34 per cent down at 20682.65.

Sensex dipped 13 points, while Nifty stayed above 22,490. Bharti Hexacom, Tata Communications, and Paytm surged on positive ratings, whereas IndusInd Bank and BSE fell due to financial concerns and target price cuts.

Bitcoin has fallen 30% from its all-time high, sparking concerns over a bear phase. Experts see it as a correction, citing macroeconomic factors, market liquidity shifts, and historical recovery patterns.

Sebi has tightened SME IPO rules, enforcing profitability criteria, capping offer-for-sale, increasing promoter lock-in, and limiting fund usage. The move aims to enhance investor protection, curb speculation, and ensure market credibility.

Nithin Kamath emphasizes securing life and health insurance before investing. He advises against stopping SIPs amid market corrections, stressing long-term investing benefits. His blog highlights key insurance considerations for 2025.

Life Insurance Corporation’s (LIC) holding in IndusInd Bank lost ₹894 crore in value after the bank’s stock fell 26% amid concerns over forex derivatives discrepancies. Following the disclosure, brokerages downgraded the stock, citing governance and earnings risks.