The benchmark equity indices closed Friday’s trading session in negative territory. The NSE Nifty 50 ended down by 7.30 points or 0.04% to settle at 19,790.55, while the BSE Sensex ended down by 47.77 points or 0.07% to 65,970.04. Bank Nifty index gained over 191.60 points or 0.44% to settle at 43,769.10.
The broader indices ended largely mixed, with gain led by Smallcap and Midcap stocks. Healthcare and Banking stocks gained among the other sectoral indices while IT and FMCG stocks shed.
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In a joint initiative aimed at altering the agricultural landscape and developing the commodities derivatives ecosystem, premier commodity exchange National Commodity and Derivatives Exchange (NCDEX) and the Institute of Rural Management Anand (IRMA) have launched the Tribhuvandas Patel Centre of Excellence for Commodity Markets in Anand, Gujarat.
This initiative aims at providing support to commodity derivative markets in the areas of research, policy formation, policy advocacy, capacity building, thought leadership, product development and leveraging synergies within the industrial and financial ecosystem.
The project seeks to redefine policy makers’ perspectives on commodity derivative markets and fostering a deeper understanding of price discovery in commod…