Highlights• SEBI tightens norms for SME IPOs• Government companies to offer 10% higher dividends in FY26: DIPAM Secretary• NMDC shares slip 2% as operations slow down due to work-to-rule protest, conciliation pending• HPCL, BPCL shares fall around 2% as FY25 supplementary demand has no LPG compensation provision• Bitcoin falls as much as 6.5% as volatility continues after Trump’s bitcoin reserve planIndian equity indices erased early gains and closed lower as profit booking in the latter half of the session, coupled with weak global cues, dampened investor sentiment. The broader market also underperformed, with the Midcap index falling over 1%. Market breadth was weak, with the advance-decline ratio at 1:4, signalling widespread selling.
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