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Nifty fell 102 points, or 0.44%, to close at 22,929. Sensex declined 199 points, or 0.26%, to end at 75,939. Both indices have declined 2.5-2.7% this week. "We have seen weakness in the market because, in recent days, even retail participants and HNIs(high networth individuals) have started booking profits along with FPIs," said Amit Khurana, head of equities at Dolat Capital Market.
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In his new role, Bansal will focus on exploring growth opportunities for Navi, driving mergers and acquisitions, and enhancing the companys compliance and risk management frameworks. "As the company grows, so do the demands from a compliance and regulatory perspective," Bansal explained.
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President Trump and advisor Elon Musk are drastically cutting back the U.S. federal workforce, with over 9,500 workers across various departments fired and additional buyouts offered. The moves have faced legal challenges and criticism for lacking coordination and threatening essential services.
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