US unemployment rate rises to 4.3% , US job growth was slower than expectations in July 2024

US unemployment rate rises to 4.3% , US job growth was slower than expectations in July 2024

The U.S. job growth in July 2024 was slower than expected, with nonfarm payrolls increasing by 114,000 jobs, below the forecasted 175,000. Additionally, the unemployment rate rose to 4.3%, its highest level since October 2021. These unexpected increases in unemployment and slower job growth have raised concerns about the overall health of the U.S. labor Read more: US unemployment rate rises to 4.3% , US job growth was slower than expectations in July 2024..

Stock Market decline today due to global market sell-off, amid weak global cues

Stock Market decline today due to global market sell-off

The Indian stock market experienced a significant decline on Friday, August 2, 2024. The BSE Sensex fell by 885.6 points (1.08%) to close at 80,981.95, while the Nifty 50 dropped by 256.7 points (1.03%) to settle at 24,761. The Indian stock market faced a sell-off due to a sharp decline in global markets. The US Read more: Stock Market decline today due to global market sell-off, amid weak global cues..

SEBI’s proposed F&O curbs have raised concerns about risk of increase in dabba trading

SEBI's proposed F&O curbs and risk of increasing dabba trading

The Securities and Exchange Board of India (SEBI) has recently proposed certain curbs on the derivatives market (F&O) in an attempt to reduce speculative trading and protect retail investors. However, these proposed measures have raised concerns about a potential increase in dabba trading. Dabba trading is an illegal and unregulated form of trading where trades Read more: SEBI’s proposed F&O curbs have raised concerns about risk of increase in dabba trading..