HDFC Bank has submitted two candidates to India's central bank for the position of managing director and chief executive officer.
Stock market technical indicators have weakened after breaking below key support levels at 23,900–24,000. The Nifty index has fallen below its 100-week and 50-week moving averages, suggesting continued pressure on market gains.
India's market regulator has proposed modifications to how expiry-day settlement prices are determined for derivatives and adjustments to trading session timing and auction procedures.
Indian stock indices recovered from deeper losses as oil prices and bond yields declined, though the Sensex and Nifty closed with modest declines. Analysts recommend monitoring Nifty's support and resistance levels while watching certain metal stocks and equities in the coming week.
BSE trading volumes have moderated following a recent sharp increase, with the exchange maintaining a significant market share and favorable premium-to-turnover ratio in the current fiscal year.