"India is one of only three markets to trade at a premium to its own history, (the other two being Thailand and the UAE)" despite it commanding an 86 per cent premium over its emerging markets peers, according to UBS Securities. Get more Markets News and Business News on Zee Business.
China stocks rose on Friday, boosted by property developers after the country's latest measures to support the beleaguered sector, while Hong Kong shares were dragged down by tech firms as China reported record-high new daily COVID-19 cases. The blue-chip CSI 300 Index rose 0.5% at close, while the Shanghai Composite Index added 0.4%.
The Securities and Exchange Commission today announced charges against 15 broker-dealers and one affiliated investment adviser for widespread and longstanding failures by the firms and their employees to maintain and preserve electronic communications.